Cong sold coupons worth Rs 600 cr during 2007-09

BJP donations: Rs 297.7 crore, BSP "contributions": Rs 202.94 crore

PTI | September 14, 2010



The Indian National Congress sold coupons worth Rs 600 crore to generate party funds during 2007-09 while most of the other political parties were dependent on voluntary donations for fund raising.

The oldest political party, Congress, generated Rs 598.4 crore during 2007-08 and 2008-09 through the sale of coupons while it received donations of Rs 72 crore. The party also generated Rs 38 crore as interest during the period, reveal income tax returns filed by the party.

Funds for Bharatiya Janta Party were mainly sourced from voluntary donations during the period which amounted to Rs 297.7 crore while interest of Rs 21.29 crore and "Ajiwan Sahyog Nidhi" were the other sources.

Bahujan Samaj Party also relied on "contributions" of Rs 202.94 crore while membership and interest worth Rs 43.20 crore and Rs 5.18 crore contributed respectively, the data received by Association of Democratic Reforms, a voluntary group, through RTI revealed.

Other major sources of income for the parties analysed for 2007-08 and 2008-09 were "Levy" for CPM Rs 46 crore and receipt from sale of coupons for NCP Rs 50 crore, it shows.

Major expenditure of the Congress party during the period was incurred on election -- Rs 215 crore -- while on publicity it spent early Rs 58 crore. The party also distributed aid worth Rs 56 crore to "others".

The BJP spent maximum funds worth Rs 89.16 crore on advertising and publicity while the BSP made purchases worth Rs 85 crore on immovable properties.

During the period, Congress has declared the "maximum aggregate income" of Rs 718 crore followed by BJP which has declared assets worth Rs 344 crore and BSP Rs 252 crore, it said.

Mayawati's BSP has shown maximum growth in terms of total income of Rs 69.74 crore in 2007-08 to Rs 182 crore in 2008-09 which is nearly 161 per cent while NCP shows a growth of nearly 130 per cent followed by Congress which shows an increment of 125 per cent.

Communist Party of India is the only party whose income dipped during the period. From Rs 1.24 crore in 2007-08, the income of the party has dipped to Rs 1.16 crore in 2008-09 which is a decline of 6.45 per cent.

Comments

 

Other News

When Nandini Satpathy told Biju Patnaik: ‘I’ll sit on the chair you are sitting on’

Nandini Satpathy: The Iron Lady of Orissa By Pallavi Rebbapragada Simon and Schuster India, 321 pages, Rs 765

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter