Income of 6 tiol parties rise by 39% from Rs 920.44 crore in 2013-14 to Rs 1,275.78 crore in 2014-15, BJP topped income list, says ADR report
NEW DELHI, April 19: The Congress is the only tiol party not to have submitted its audit report for 2014-15 fiscal to the Election Commission while the BJP had the highest income among all tiol parties, the Association for Democratic Reforms (ADR) said on Tuesday.
As per the Election Commission’s letter dated November 19, 2014, it is mandatory for all political parties to submit the details of their audit reports.
The due date for submission of the annual audited accounts for the parties was November 30, 2015.
Communist Party of India-Marxist (CPI-M), Communist Party of India (CPI), and Bahujan Samaj Party (BSP) were the only three tiol parties to submit the audit reports on time, an ADR report said.
The Congress has not submitted its audit report till date.
The Bharatiya Jata Party (BJP), the Congress, the CPI-M, the CPI, the BSP and the tiolist Congress Party (NCP) are the six tiol parties in the country.
The report said that the income of the tiol parties increased from Rs.920.44 crore during the 2013-14 fiscal to Rs.1,275.78 crore in 2014-15, an increse of 39 percent.
Political parties earn money through dotions, sale of coupons and contributions etc.
The BJP recorded the highest income of Rs.970.43 crore among the tiol parties during 2014-15, accounting for 76.06 percent of their total income.
Between 2013-14 and 2014-15, the BJP’s income increased by 44 percent or Rs.296.62 crore.
The BSP’s income increased by 67.31 percent or Rs.45.04 crore.
The CPI declared the least income of Rs.1.84 crore, a mere 0.14 percent of the total income of the six tiol parties, during 2014-15.
The ADR report said among the tiol parties, the CPI is the only party whose income decreased by 24.28 percent or around Rs.59 lakh.
The report also shows that almost half of the total income of the political parties came from unknown sources. As per the ADR report, income accruing from unmentioned sources during 2014-15 is Rs.685.36 crore, which is 54 percent of the total income of the political parties. (IANS)