ADR shows that near about 80 per cent of the total income of national parties is from unknown sources
GN Bureau | August 18, 2015
While the country is observing a decade of information revolution under right to information act (RTI), the political parties continue to hide behind certain rules when it comes to disclosing party funds.
According Association for Democratic Reforms (ADR), 57 percent of the total income of five national parties came from the sale of coupons during the financial year 2013-14. The analysis has been made using information five national parties – BSP, CPI, CPM, NCP and INC – submitted to the election commission of India.
The due date for submission of annual audited accounts for the parties was 30th Nov,’14. Out of the six national Parties, BSP, CPI, CPM and NCP have submitted their audited report while Congress (INC) submitted its report under protest stating that unless necessary amendments were made in the RP Act, 1951, the ECI did not have the power to demand such reports from the parties.
BJP had requested for 4 weeks’ time last month but is yet to file the required reports.
From the combined total income of Rs 844.71 crore declared by the five national parties, INC has shown the highest income of Rs 598.06 crore during FY 2013-14. The next highest income was shown by CPM – Rs 121.87 crore. This was followed by BSP with an income of Rs 66.91 crore, NCP with Rs 55.42 crore and CPI with Rs 2.43 crore.
As per the analysis, out of their declared income, INC collected Rs 477.316 crore through the sale of coupons while NCP declared a collection of Rs 8.32 crore from the same means. Thus, a total of Rs 485.64 crore was collected by the two parties contributing to 57.49 percent of the total income of the five national parties.
Donations or voluntary contributions formed 22 percent, i.e. Rs 188.22 crore, of the total income of the five national parties. The report also shows that 41 percent of the total donations of the parties came from voluntary contributions above Rs 20,000.
Full Report: click here
Billionaire jeweller Nirav Modi, whose properties are being searched after Punjab National Bank reported a massive fraud of Rs 11,000 crore, is a good reason why banking reforms
“Gender based discrimination is worldwide and not alone in India. Offences against women are much more severe in cases of international trafficking, forced prostitution and pornography, women including migrant and refugee women face double barriers on virtue of their gender,"said Dr Rashmi M Oza
A group of 104 women beneficiaries of the Pradhan Mantri Ujjwala Yojana participated and shared their experiences at LPG Panchayat organised at the Rashtrapati Bhawan on February 13. The women delegation, falling under the BPL category, came across 27 states to narrate their success stories
BEML Ltd, a defence PSU, has delivered the first intermediate metro coach (car) unit to Bengaluru Metro Rail Corporation Limited (BMRCL). The intermediate car would be integrated with the existing three-car train sets to double the present passenger carrying capacity of the Bengaluru’
BHEL has got Rs 560 crore order for the supply and installation of flue gas desulphurisation (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS). The Indian power sector has seen an uptick in the ordering of emission control equipment due to the revised and more stringe
Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistributive preferences of any government may shift in favour of traditional welfare support and focusing on econo