Source: 
Madhyamam
https://madhyamamonline.com/india/bjp-amassed-2361cr-out-of-a-total-3077-crore-collected-by-6-parties-adr-data-1262500
Author: 
Web Desk
Date: 
29.02.2024
City: 
The ADR, drawing from Election Commission records, revealed a substantial 23.15% rise in the BJP's income, soaring from ₹1,917.12 crore in FY 2021-22 to ₹2,360.84 crore in FY 2022-23, comprising 76.73% of all six national parties' earnings combined.

The data released by the Association for Democratic Reforms (ADR) shows that the ruling BJP amassed a significant portion, amounting to ₹2,361 crore out of the total ₹ 3,077 crore collected by the six major national parties for the fiscal year 2022-23, revealing a significant financial disparity among national political parties

The ADR, relying on the Election Commission's records, disclosed that the BJP's income witnessed a substantial 23.15% increase from ₹1,917.12 crore in FY 2021-22 to ₹2,360.84 crore in FY 2022-23. This robust financial standing constitutes 76.73% of the total income earned by all six national parties combined.

In contrast, the Indian National Congress reported the second-highest income, amounting to ₹452.375 crore, forming 14.70% of the total income. The ADR noted a 16.42% decrease in the Congress's income between FY 2021-22 and 2022-23.

Among the other parties, the National People's Party (NPP) experienced an astonishing 1502.12% increase in income, reaching ₹7.562 crore in FY 2022-23 from ₹47.20 lakh in the previous fiscal year. The Aam Aadmi Party (AAP), led by Arvind Kejriwal, saw its income surge by 91.23%, reaching ₹85.17 crore.

However, the Communist Party of India (Marxist) (CPI(M)), Bahujan Samaj Party (BSP), and the Congress witnessed declines in income by 12.68%, 33.14%, and 16.42%, respectively.

The financial data also shed light on the expenditure patterns of these parties. Despite its substantial income, the BJP spent only 57.68% of its total income, amounting to ₹1,361.684 crore. On the other hand, the Congress reported an expenditure exceeding its income by 3.26%, with a total spending of ₹467.135 crore against an income of ₹452.375 crore.

CPI(M) allocated 74.87% of its income for expenditures, with AAP surpassing its income by 19.82%, spending ₹102.051 crore against an income of ₹85.17 crore.

This financial disclosure by ADR provides a comprehensive overview of the fiscal health of major political parties, raising questions about financial management and transparency within the political landscape of the country.

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