More than two-third of their income comes from anonymous sources, shows an ADR analysis
GN Bureau | January 24, 2017
As much as 69 percent of the income of six national political parties and 51 regional parties has come from unknown sources, according to a long-term data analysis carried out by the Association for Democratic Reforms (ADR).
The total income of these parties between FY 2004-05 and 2014-15 was a whopping Rs 11,367.34 crore. However, their total income from ‘unknown sources’ (that is, income specified in the income-tax returns whose sources are unknown) was Rs 7,832.98 crore or 69 percent. For the Bahujan Samaj party (BSP), all of its income is from unknown sources.
Moreover, these anonymous donors are on the rise: the income of national parties from unknown sources increased by 313 percent, from Rs 274.13 crore during FY 2004-05 to Rs 1,130.92 crore during FY 2014-15. The income of regional parties from unknown sources increased by 652 percent from Rs 37.393 crore during FY 2004-05 to Rs 281.01 cr during FY 2014-15.
Their income from known donors (details of donors as available from contribution report submitted by parties to the election commission) was Rs 1,835.63 crore (16 percent) of the total income, while income from other known sources (like sale of assets, membership fees, bank interest, sale of publications, party levy) was Rs 1,698.73 crore (15 percent) of the total.
During the 11 years between FY 2004-05 and 2014-15, 83 percent of total income of Congress, amounting to Rs 3,323.39 crore, and 65 percent of total income of BJP, amounting to Rs 2,125.91 crore, came from unknown sources.
Among the regional parties, Rs 766.27 crore or 94% of total income of Samajwadi Party and Rs 88.06 crore or 86% of the total income of Shiromani Akali Dal came from unknown sources.
The figures are taken from their IT returns and statements filed with the election commission. Political parties are not required to reveal the name of individuals or organisations giving less than Rs 20,000. As a result, over two-thirds of the funds cannot be traced and are from ‘unknown’ sources. “This becomes very relevant in the light of recent events when demonetisation was announced so as to weed out black money from the society,” the ADR said in a statement issued after a press briefing on Tuesday.
Moreover, it said, while the national political parties were brought under the RTI Act by the CIC ruling in June 2013, they have still not complied with the decision. “Full transparency is, unfortunately, not possible under the current laws, and it is only the RTI that can keep citizens informed.”
Read Full Report: click here
Snakes, Drugs and Rock ’N’ Roll: My Early Years By Romulus Whitaker with Janaki Lenin HarperCollins, 400 pages, Rs 699
The Moral Contagion By Julia Hauser and Sarnath Banerjee HarperCollins, 140 pages, Rs 699 The world has lar
Addressing the Viksit Bharat Viksit Uttar Pradesh program in Lucknow on Monday, prime minister Narendra Modi launched 14,000 projects across the state, worth more than Rs 10 lakh crore at the fourth groundbreaking ceremony of UP Global Investors Summit held in February 2023. The projects relate to sectors
During the four days from Feb 16, more than a thousand birdwatchers throughout India are coming together with the goal of documenting as many birds as possible across the country’s diverse locations. Over one lakh birdwatchers globally participate in the annual Great Backyard Bird Coun
The Central Consumer Protection Authority has sought public comments on the ‘Draft Guidelines for Prevention of Misleading Advertisement in Coaching Sector’. The draft guidelines are placed on the website of the Department of Consumer Affairs and are accessible through the link:
In a landmark judgment, the Supreme Court of India has held the anonymous, unregulated and unlimited funding through electoral bonds and companies as unconstitutional. The five-judge Constitution Bench of the Supreme Court comprising chief justice DY Chandrachud and justices Sanjiv Khanna, B