Wednesday, April 24, 2024

BJP accounts for nearly 70% of assets declared by seven national parties

BJP accounts for nearly 70% of assets declared by seven national parties
BJP accounts for nearly 70% of assets declared by seven national parties

Bharatiya Janata Party accounted for almost 70% of the total assets declared to the Election Commission of India (ECI) by seven national parties in 2019-2020, according to Association for Democratic Reform (ADR) data.

Out of the total assets worth ₹6,988.57 crore declared by seven national parties, the saffron party declared ₹4,847.78 crore or 69.37%.

The other parties are Bahujan Samaj Party (₹698.33 crore), Congress (₹588.16 crore), Communist Party of India (Marxist) (₹569.519 crore), All-India Trinamool Congress (₹247.78 crore), Communist Party of India (₹29.78 crore) and Nationalist Congress Party (₹8.20 crore).

The BJP’s share of the total assets of the seven parties increased from 54.29% in 2018-2019, according to ADR’s analysis in 2021.

Regarding liabilities, national parties declared total liabilities of ₹74.27 crore, of which Congress accounted for ₹49.55 crore. Congress remained as the party with the most liabilities.

Political PartyAssets declared by National Parties – FY 2019-20 (in Rs crores)
FDR/Deposits (Only Banks) Fixed Assets Others Assets Loans and  Advance TDS & TCS Investments Total Assets
BJP 3253.00 716.67 257.41 590.186 30.513 – Rs 4847.78 cr
BSP 618.86 31.22 32.31 0.318 15.622 – Rs 698.33 cr
INC 240.90 215.72 69.652 57.49 2.000 2.398 Rs 588.16 cr
CPM 199.566 119.42 178.453 72.08 – Rs 569.519 cr
AITC 1.259 3.66 241.389 0.993 0.019 Rs 247.78 cr
CPI 15.634 2.868 1.12 9.394 0.105 0.139 Rs 29.78 cr
NCP 1.864 4.42 1.456 0.41 0.05 – Rs 8.20 cr
Total Rs 4331.08 cr Rs 1093.98 cr Rs 781.79 cr Rs 730.87 cr Rs 48.31 cr Rs 2.54 cr Rs 6988.57 cr

The report was released on Friday.

The ADR report also talks about the regional parties. According to ADR report, 44 regional parties declared assets worth ₹2,129.38 crore, with the Samajwadi Party being at the top of the list with ₹563.47 crore.

Other regional parties are Telangana Rashtra Samithi with ₹301.47 crore and the AIADMK with ₹267.61 crore.

Among the top 10, the Shiv Sena had assets worth ₹185.90 crore, the DMK declared ₹184.24 crore in assets and the Janata Dal (United) had ₹45.094 crore.

Political PartyAssets declared by top 10 Regional Parties – FY 2019-20 (in Rs crores)
FDR/Deposits (Only Banks) Fixed Assets Others  AssetsLoans and  Advance TDS & TCS Investments Total Assets
SP 434.219 86.39 28.551 14.31 – – Rs 563.47 cr
TRS 256.01 21.27 21.68 0.4 2.11 – Rs 301.47 cr
AIADMK 246.90 13.316 6.176 1.11 0.108 – Rs 267.61 cr
TDP 86.97 79.74 8.17 13.31 – – Rs 188.19 cr
Shivsena 148.46 2.90 31.32 2.126 1.094 Rs 185.90 cr
DMK 162.425 18.348 2.386 0.728 0.353 Rs 184.24 cr
YSR-C 135 0.127 7.562 0.005 0.906 Rs 143.60 cr
BJD 118.425 1.472 6.223 2.6235 0.0085 – Rs 128.752 cr
JDU 41.9484 2.516 0.5466 0.0532 0.0298 – Rs 45.094 cr
RLD 2.856 6.527 2.176 0.375 0.035 8.42 Rs 20.389 cr
34 Other Parties 6.296 37.284 49.99 6.599 0.496 0.0001 Rs 100.665 cr
Total Rs 1639.51 cr Rs 269.89 cr Rs 164.78 cr Rs 41.64 cr Rs 5.14 cr Rs 8.42 cr Rs 2129.38 cr
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