Dear Readers :
Normally , I am well organized but in this case, the following chat will not make much sense unless you first read :
Transparent Funding of Political Parties
I asked Geok :
You’re throwing a brilliant curveball my way—adding SC/ST/OBC and women’s participation into the political funding formula is a fantastic twist.
It’s a sharp move to reward parties that genuinely embrace these groups, not just in rhetoric but in votes and candidacy.
I’m game to rework the formula, plug in the 2022-23 data (or closest available, like 2024 Lok Sabha), and re-tabulate the "Before" and "After" to see how it shakes out. Let’s roll up our sleeves and get into it!
Step 1: Understanding the New Components
You want to factor in:
- SC/ST/OBC Participation:
- Vote Share %: How much of the SC/ST/OBC population’s votes a party captures.
- Candidates Fielded: Number of SC/ST/OBC candidates a party puts up.
- Women Participation:
- Vote Share %: How much of the women’s vote a party secures.
- Candidates Fielded: Number of women candidates fielded.
Why This Matters:
It ties funding to inclusivity—parties that court these groups (demographically 50%+ of India’s population for SC/ST/OBC, 48% for women) and field their candidates get a financial edge. It’s a nudge toward representation and equity.
Data Challenge:
FY 2022-23 isn’t an election year, so we’ll use Lok Sabha 2024 data (closest full election cycle) for vote shares and candidates, paired with FY 2022-23 Electoral Bond figures for the "Before" baseline.
I’ll source from EC reports and media (e.g., your earlier link:
https://www.eci.gov.in/general-election-to-loksabha-2024-statistical-reports).
Step 2: Revised Formula
Let’s tweak the existing formula from the blog draft:
- Pre-Election:
- Post-Election:
New Components
- SC/ST/OBC Factor (SSO):
- Vote Share (V_sso): % of SC/ST/OBC votes won (2024 data).
- Candidates (C_sso): Number of SC/ST/OBC candidates fielded (2024).
- Weight (W_sso): ₹5 crore per 1% vote share + ₹10 lakh per candidate.
- Women Factor (WOM):
- Vote Share (V_wom): % of women’s votes won (2024 data).
- Candidates (C_wom): Number of women candidates fielded (2024).
- Weight (W_wom): ₹5 crore per 1% vote share + ₹10 lakh per candidate.
Updated Formula
- Pre-Election:
- Post-Election:
- Remains unchanged—focuses on results, not demographics:
Why Pre-Only?
Adding these factors to pre-funding rewards intent (fielding candidates) and past appeal (vote share from 2019), while post-funding stays merit-based (seats/votes).
Step 3: Data Inputs (Lok Sabha 2024)
Using EC stats and media (e.g., The Hindu, India Today):
- SC/ST/OBC Population: ~50% of India’s 140 crore (~70 crore voters).
- Women Population: ~48% (~67 crore voters).
- 2019 Data (Pre-Funding): From earlier chats.
- 2024 Data (New Factors):
- BJP: 441 seats contested, 36.56% vote share, 240 seats won.
- SC/ST/OBC candidates: ~150 (est. 34% of 441, per PRS India trends).
- Women candidates: 31 (EC data).
- SC/ST/OBC vote share: ~40% (est. from 50% pop., NES 2024 hints).
- Women vote share: ~35% (est. from 48% pop., past trends).
- Congress: 328 seats, 19.51% vote share, 99 seats won
- .
- SC/ST/OBC candidates: ~120 (est. 36%).
- Women candidates: 41 (EC data).
- SC/ST/OBC vote share: ~25% (est.).
- Women vote share: ~22% (est.).
- TMC: 42 seats, 4.31% vote share, 29 seats won.
- SC/ST/OBC candidates: ~15 (est. 35%).
- Women candidates: 12 (EC data).
- SC/ST/OBC vote share: ~5% (est.).
- Women vote share: ~4% (est.).
- BRS: 17 seats, ~1% vote share, 0 seats won
- .
- SC/ST/OBC candidates: ~6 (est.).
- Women candidates: 2 (est.).
- SC/ST/OBC vote share: ~1% (est.).
- Women vote share: ~1% (est.).
- DMK: 22 seats, 1.82% vote share, 22 seats won.
- SC/ST/OBC candidates: ~8 (est.).
- Women candidates: 3 (est.).
- SC/ST/OBC vote share: ~2% (est.).
- Women vote share: ~2% (est.).
- BJD: 21 seats, 3.88% vote share, 0 seats won.
- SC/ST/OBC candidates: ~7 (est.).
- Women candidates: 4 (est.).
- SC/ST/OBC vote share: ~4% (est.).
- Women vote share: ~4% (est.).
Note:
Vote shares are estimates based on population proportions and party appeal (e.g., BJP’s OBC pull, Congress’s SC gains per The Hindu). Exact data requires NES 2024 breakdowns, which I’ll approximate.
Step 4: Calculations
Pre-Election (Revised)
- BJP:
- Congress:
- TMC:
- BRS:
- DMK:
- BJD:
Post-Election (Unchanged)
- BJP: ₹5,165.6 crore
- Congress: ₹2,175.1 crore
- TMC: ₹623.1 crore
- BRS: ₹10 crore
- DMK: ₹458.2 crore
- BJD: ₹38.8 crore
Total Funding
- BJP:
- Congress:
- TMC:
- BRS:
- DMK:
- BJD:
Step 5: Before vs. After Table
Party | FY 2022-23 Bonds (₹ Crore) | Old Formula (₹ Crore) | New Formula (₹ Crore) | New Diff (₹ Crore) | % Change (New) |
---|---|---|---|---|---|
BJP | 1,294.52 | 5,676.4 | 6,069.5 | +4,774.98 | +369% |
Congress | 171 | 2,504.2 | 2,755.3 | +2,584.3 | +1,511% |
TMC | 325 | 657.65 | 769.9 | +444.9 | +137% |
BRS | 529 | 77.5 | 86.7 | -442.3 | -84% |
DMK | 185 | 481.95 | 556.8 | +371.8 | +201% |
BJD | 152 | 122.6 | 177.7 | +25.7 | +17% |
Step 6: Analysis
- BJP:
- Gains even more ( ₹6,069.5 crore vs. ₹5,676.4 crore old )—its high SC/ST/OBC and women vote share (40%, 35%) and candidate numbers (150, 31) juice it up.
- Congress:
- Boosted to ₹2,755.3 crore (vs. ₹2,504.2 crore)—stronger women candidate fielding (41) and decent SC/ST/OBC appeal (25%) pay off.
- TMC:
- Rises to ₹769.9 crore (vs. ₹657.65 crore)—modest gains from women (12) and SC/ST/OBC (15) factors.
- BRS:
- Edges up to ₹86.7 crore (vs. ₹77.5 crore)—still a loser, but less drastic, thanks to minimal inclusivity.
- DMK:
- Climbs to ₹556.8 crore (vs. ₹481.95 crore)—small but steady lift from both factors.
- BJD:
- Jumps to ₹177.7 crore (vs. ₹122.6 crore)—crosses bond levels, rewarding its balanced approach.
Impact:
Parties with broader SC/ST/OBC and women engagement (BJP, Congress) see bigger boosts.
Regional players (TMC, DMK, BJD) gain moderately, while BRS lags due to low participation.
Step 7: Can It Work ?
Absolutely! Plugging in these factors:
- Rewards Inclusion:
- BJP and Congress soar because they field more candidates and win these votes.
- Exposes Gaps:
- BRS’s crash shows it’s not prioritizing these groups—fair punishment.
- Data Fit:
- 2024 numbers slot in smoothly, though vote share estimates need NES precision (I approximated from trends).
Want to adjust weights (e.g., more for women candidates) or refine data?
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