BJP emerges as richest national party, income up by 81.18%

About 96% of the total income comes through donation

GN Bureau | April 10, 2018


#Political News   #ADR   #ADR Report   #Amit Shah   #Congress   #BJP   #INC  
Photo: Twitter/Amit Shah
Photo: Twitter/Amit Shah

The Bharatiya Janata Party's total income has increased by 81.18% in one financial year. In 2015-16, the party's income was Rs 570.86 crores and this went up to Rs 1,034.27 crores during 2016-17. The party is the richest of all national parties.

At the same time, the income of INC has decreased by 14% from Rs 261.56 crore in 2015-16 to Rs 225.36% in 2016-17.

Association for Democratic Reforms (ADR), in its report, has analysed parties' income, expenditure and other details submitted to the Election Commission of India.

BJP and INC have declared donations/contributions as one of their three main sources of income. In BJP, Rs 997.12 crores comes through donations which forms 96.41% of the total income. Declaration of Rs 115.644 cr under Revenue from issuance of Coupons by INC forms the top most income of the party, contributing 51.32% of the total income of the party during FY 2016-17.

The maximum expenditure for BJP during 2016-17 was towards election/general Propaganda which amounted to Rs 606.64 crores followed by expenses towards administrative cost, Rs 69.78 crores.

The INC spent the maximum of Rs 149.65 crores on elections followed by Rs 115.65 crores on administrative and general expenses.


Overall scenario of national parties.
 

  • 7 national parties have collected maximum 74.98% (Rs 1,169.07 crore) income from voluntary contributions for 2016-17.

 

  • During 2016-17, national parties have received Rs 128.60 crore income from interest from Banks and FD.

 

  •  7.98% or Rs 124.46 crore was income generated through revenue from issuance of coupons by national parties during 2016-17.


 

Comments

 

Other News

‘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

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Vasudhaiva Kutumbakam: How to connect businesses with people

7 Chakras of Management: Wisdom from Indic Scriptures By Ashutosh Garg Rupa Publications, 282 pages, Rs 595

ECI walks extra mile to reach out to elderly, PwD voters

In a path-breaking initiative, the Election Commission of India (ECI), for the first time in a Lok Sabha Election, has provided the facility of home voting for the elderly and Persons with Disabilities in the 2024 Lok Sabha elections. Voters above 85 years of age and Persons with Disabilities (PwDs) with 4

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