New Delhi, April 10: Bharatiya Janata Party (BJP) happens to be the richest party in the country, as a report has revealed. According to a study by Delhi-based think-tank Association for Democratic Reforms (ADR), the BJP’s total income for 2016-17 was Rs. 1,034.27 crore, which is “66.34 percent of the total income of national parties added together” for the same period, said the report released on Tuesday. The report said that seven national parties collectively showed an earning of Rs. 1,559.17 crore.
At Rs. 225.36 crore in earnings, Congress came second; that’s a 14.45 percent of the total. CPI declared the lowest income of Rs 2.08 crore. ADR compiled the data from the income tax returns the parties filed. The seven national parties are BJP, Congress, BSP, CPI, CPM, NCP and All India Trinamool Congress (AITC). They declared a total expenditure of Rs.1,228.26 crore in the same period. While BJP declared a total expenditure of Rs 710.05 crore, Congress spent Rs. 321.66 crore. That’s a little over Rs. 26 crore than its income!
While on BJP, the party’s income increased by 81.18 percent since 2015-16 when it was Rs. 570.86 crore. That of the Congress dipped by 14 percent from Rs. 261.56 crore. During the same period, the income of Mayawati’s BSP increased by a huge 266 percent from Rs. 47.38 crore in 2015-16 to Rs. 173.58 crore in 2016-17. The incomes of Trinamool and the CPM also fell by 81 percent and 6 percent while that of the NCP rose by 88 percent in the same period.
BJP has shown that the maximum fund it generated, 96 percent, was through donations or contributions while most of it was spent on election or general propaganda. Congress declared that it generated a little over 50 percent of its fund through the issuance of coupons. In its report, the ADR has pointed out that four of the seven parties, BJP, Congress, NCP, and CPI have consistently delayed submitting their audit reports for the past five years.