Dramatic increase in income of five national parties: ADR

Five national parties declared a total income of Rs 1,275.79 crores, but the Congress is yet to submit its audit report

GN Bureau | April 20, 2016


#IT return   #ADR   #INC   #CPI   #CPM   #NCP   #BSP   #BJP  


BJP, BSP, NCP, CPM and CPI have declared a total income of Rs 1,275.79 crore, collected from all over the country, during 2014-15. This is an increase of Rs 355.34 crore (or 39 percent) from the previous financial year, as revealed in an analysis conducted by Association for Democratic Reforms (ADR) based on the IT returns submitted by the political parties to the Election Commission of India.

The only national party which has, till date, not submitted its audit report is the Indian National Congress (INC). Meanwhile, CPI, CPM and BSP were the only three national parties that submitted their audit reports on time.

BJP showed the highest income at Rs 970.43 crore, forming 76.06 percent of the total income of national parties put together during 2014-15. On the other hand, CPI declared the least income of Rs 1.84 crore, forming a mere 0.14 percent of the combined total income. In fact, CPI is the only party whose income decreased, unlike other parties, by 24.28 percent (Rs 59 lakh).





Grants/donations/contributions or funds collected by parties was their top source of income, forming 88.73 percent of the total income. BJP declared the maximum income from donations amounting to Rs 940.39 crore followed by BSP with Rs 92.80 crore and NCP with Rs 38.82 crore.

However, the total income of political parties from unknown sources was Rs 685.36 crore, being 54 percent of the total income of the parties, the ADR report showed.

The unknown sources are income declared in the IT returns but without giving source of income from donations below Rs 20,000. Such unknown sources include sale of coupons, relief fund, miscellaneous income, voluntary contributions, contribution from meetings/morchas etc. The details of donors of such voluntary contributions are not available in the public domain.



The maximum expenditure for BJP has been towards advertisement and publicity, which amounted to Rs 471.89 crore followed by expenses towards travelling at Rs 209.57 crore. NCP spent the maximum of Rs 67.70 crore on election expenditure followed by Rs 13.36 crore on administrative and general expenses and Rs 1.30 crore on depreciation and amortisation expenses.

Comments

 

Other News

Climate change is here: India among the most affected

India has been among the countries most affected by climate change, and ranks high on the Climate Risk Index prepared by researchers at NGO Germanwatch. The index for 2019, published this week, takes note of the alarming situation around the world and calls for more steps to mitigate the cr

How children have acquired disaster mitigation skills – and confidence

In the science laboratory of a modest government school, a team of young students give a demonstration of what is called ‘non-structural mitigation’. When earthquake-like jolts are given to a doll’s-house like building model, the beds, the dining table, cupboards, wall hanging make a mess

End of ideology, coalition politics and popular mandate?

On November 29, Uddhav Thackeray, the 19th chief minister of Maharashtra and the leader of the Maha Vikas Aghadi (MVA), won the vote of confidence in the 244-member Vidhan Sabha of Maharashtra. With this the month-old drama over the government formation in the state came to an end. The appointment of the M

Maharashtra finally has a govt: now for the difficult part

Maharashtra finally has a government in place that has enough numbers, but its longevity may be tested time and again, given the differing ideological commitments of the three parties that make it up. Shiv Sena chief Uddhav Thackeray Thursday evening took oath as chief minister at Shivaji Pa

Whole rail network to have automatic protection system: Rail Board chief

As a part of the modernization of the signalling system, the ministry of railways has decided in principle that it will have the automatic protection system on its entire network of 68,000 km, and 1,300 route km are going for ‘Tikas’, the railways’ own indigenous technology.  

RailTel must aim for Navratna status in 5 years: Goyal

RailTel, one of the youngest PSUs of the railways, should now aim high; it should target to reposition itself from a Miniratna to a Navratna status and become a Rs 10,000 crore company in the next five years, railways minister Piyush Goyal has said. “The time has come for RailTel to c



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter