Nearly half of the party income comes from donation
GN Bureau | February 7, 2018
While the BJP and the Congress are yet to send their audit reports to the Election Commission of India, Mayawati's Bahujan Samaj Party (BSP) has emerged out having highest income of Rs 173.58 core during 2016-17. Surprisingly, the party could spend only only 30 percent (Rs 51.83 cr) of the total income.
Out of the total income, 43.36 percent has come from donation, contribution and grant, fee and subscriptions amount to 37.23 percent adn bank interest includes 19.41 percent, reveals a study by the ADR (Association For Democratic Reforms).
The party has declared that it has spent a maximum of 40.97 crores on elections, while approx 10 crores on administrative and general expenses.
Between 2015-16 and 2016-17, the income of Mayawati led party has increased by 266.32% (Rs 126.195 crores) from Rs 47.385 cr during 2015-16 to Rs 173.58 cr during 2016-17.
Meanwhile, AITC declared a total income of Rs 6.39 crore during 2016-17, but spent an excess of Rs 17.87 crore (280%) over total income. The NCP also incurred an excess expenditure of Rs 7.732 cr over its total income of Rs 17.235 cr, during FY 2016-17.
Here is what ADR recommends:
The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a
While the average growth of energy requirement in the country for 2023-24 viz-a-viz 2022-23 has been estimated as 4.9%, the months of April and May have been projected as high demand period. During the current year, the peak demand is expected to be around 229 GW during the summer period. The government ha
As the UN has declared 2023 as the International Year of Millets, the Indian Army has steered introduction of millets flour in the rations of soldiers. This landmark decision will ensure troops are supplied with native and traditional grains after over half a century, when these were discontinued in favour
When discussing digital currency, you might think of one or two well-known varieties. There is the digital representation of currency that you access with mobile and online banking services. This currency is the liability of a commercial bank. There is also cryptocurrency, a digital medium of exchange issu
The Indian President: An Insider’s Account of the Zail Singh Years By K.C. Singh HarperCollins, 312 pages, Rs.699
Bipin: The Man Behind the Uniform By Rachna Bisht Rawat Penguin, 207 pages, Rs 599 On the morning of 8 December 202