AAP Donations Crash in 2025-26 After Delhi Poll Defeat

The Aam Aadmi Party (AAP) has disclosed a sharp decline in donations for the 2025-26 financial year, marking its first full fiscal year since losing power in Delhi in February 2025. The party's latest filing, which contains 1,202 numbered entries, reveals that total contributions have plummeted compared to previous years, with notable donors including Ashutosh Ranka and a company associated with a Member of Parliament who later joined the Bharatiya Janata Party (BJP).

The drop in donations comes amid AAP's reduced political footprint, as it now governs only Punjab, where the donor company Trident is based. The filing provides a detailed breakdown of contributions, highlighting a shift in donor patterns following the party's electoral defeat in Delhi. The inclusion of donors linked to the BJP raises questions about political realignments and funding sources.

The decline in AAP's funding could impact its operational capabilities and future electoral strategies, especially as it seeks to maintain its presence in Punjab and rebuild in Delhi. The party has not yet issued a formal statement on the matter. Political analysts suggest that the funding crunch may signal broader challenges for AAP in retaining its support base and financial backing.