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Unknown sources contributed Rs 15,077 cr to parties from 2005-21: ADR

"For FY 2020-21, eight national political parties have declared Rs 426.74 crore income from unknown sources and 27 regional parties received Rs 263.928 crore income from unknown sources," it said.

Topics
National political parties | Association for Democratic Reforms | income tax returns

Press Trust of India  |  New Delhi 



Photo: Bloomberg
Photo: Bloomberg

The parties have collected more than Rs 15,077.97 crore from unknown sources between 2004-05 and 2020-21, an analysis by the poll rights body -- Association for Democratic Reforms, showed.

The total income of and regional parties from unknown sources for 2020-21 stands at Rs 690.67 crore.

ADR considered eight parties and 27 regional parties for this analysis.

The national parties comprised the Bharatiya Janata Party (BJP), Indian National (INC), All India Trinamool (AITC), Community Party of India (Marxist) (CPM), Nationalist Party (NCP), Bahujan Samaj Party (BSP), Communist Party of India (CPI) and National People's Party (NPEP).

The regional parties included AAP, AGP, AIADMK, AIFB, AIMIM, AIUDF, BJD, CPI(ML)(L), DMDK, DMK, GFP, JDS, JDU, JMM, KC-M, MNS, NDPP, NPF, PMK, RLD, SAD, SDF, Shivsena, SKM, TDP, TRS and YSR-Congress.

The analysis conducted on the basis of the parties' (ITR) and donations statements filed with the Election Commission of India (ECI) found that between FY 2004-05 and 2020-21, the national parties have collected Rs 15,077.97 crore from unknown sources.

"For FY 2020-21, eight have declared Rs 426.74 crore income from unknown sources and 27 regional parties received Rs 263.928 crore income from unknown sources," it said.

During FY 2020-21, Congress declared Rs 178.782 crore as income from unknown sources which is 41.89 per cent of the total income of national parties from unknown sources (Rs 426.742 crore)," the analysis said.

BJP declared Rs 100.502 crore as income from unknown sources which is 23.55 per cent of the total income of national parties from unknown sources.

The top five regional parties in terms of unknown income are YSR-Congress with Rs 96.2507 crore, DMK with Rs 80.02 crore, BJD with Rs 67 crore, MNS with Rs 5.773 crore and AAP with Rs 5.4 crore.

47.06 per cent of the total Rs 690.67 cr account for the income from electoral bonds.

The ADR said the combined income of Congress and NCP from the sale of coupons between FY 2004-05 and 2020-21 stands at Rs 4,261.83 crore.

There are reporting discrepancies in the audit and contribution reports of seven political parties for FY 2020-21.

These seven parties include AITC, CPI, AAP, SAD, KC-M, AIFB and AIUDF.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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First Published: Fri, August 26 2022. 17:35 IST

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