The Congress Party on Wednesday accepted that it was experiencing financial problems and is short of funds due to its activities being on the rise.
"We do not keep a big fund. When there is a programme on an election, we collect funds from our members and our well-wishers also, that is a continuous process. Of course, it is a fact that we are very very short of funds because our activities are being increased. The party is facing a lot of financial problems, that is a fact,"Congress leader P C Chacko told ANI.
"Party leaders are contributing a portion of their salaries. Contributing to the party is not something new. I think, in all political parties in India, they are getting a share of the members' salary and remuneration," he added.
Congress leader Manish Tewari also said that it is normal that MPs and the MLAs contribute a part of their salary and added there is nothing new in it.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app