The analysis by Association for Democratic Reforms (ADR), conducted on the basis of the parties' Income Tax Returns (ITR) and donations statements filed with the Election Commission of India (ECI), found that between FY05 and FY21, the national parties have collected Rs 15,077.97 crore from unknown sources.
The national 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 national and regional parties from unknown sources for 2020-21 stands at Rs 690.67 crore. ADR considered eight national parties and 27 regional parties for this analysis.
Recommended ArticlesView All
Maruti Suzuki defends offering discounts after Nomura calls it a 'sign of weakness'
IST3 Min(s) Read
India's cotton exports to shrink close to 30 percent in FY23
IST3 Min(s) Read
The national parties comprised the Bharatiya Janata Party (BJP), Indian National Congress (INC), All India Trinamool Congress (AITC), Community Party of India (Marxist) (CPM), Nationalist Congress 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, Shiv Sena, SKM, TDP, TRS and YSR-Congress.
The analysis, conducted on the basis of the parties' Income Tax Returns (ITR) and donations statements filed with the Election Commission of India (ECI), found that between FY05 and FY21, the national parties have collected Rs 15,077.97 crore from unknown sources.
"For FY21, 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. During FY21, Congress declared Rs 178.782 crore as income from unknown sources, which is 41.89 percent 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 percent 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.
As much as 47.06 percent of the total Rs 690.67 crore accounts for the income from electoral bonds. The ADR said the combined income of Congress and NCP from the sale of coupons between FY05 and FY21 stands at Rs 4,261.83 crore.
There are reporting discrepancies in the audit and contribution reports of seven political parties — AITC, CPI, AAP, SAD, KC-M, AIFB and AIUDF — for FY21.