India slams Pakistan-China joint statement on Kashmir, hits back on CPEC, Central Bank of Sri ‌Lanka raises policy rate to 8.75%, Centre approves Rs 1,427 crore for four-lane Thiruvarur bypass project in Tamil Nadu,

BJP richest party in 2019-20, BSP second:ADR report

The BJP declared assets worth Rs  4,847.78 crore in financial year 2019-20, the highest among all political parties, followed by the BSP at Rs  698.33 crore and the Congress at Rs 588.16 crore, according to poll reforms advocacy group ADR. The Association for Democratic Reforms prepared its report based on its analysis of assets and liabilities of national and regional parties in 2019-20. The total assets declared by seven national and 44 regional parties during FY 2019-2020 amounted to Rs 6,988.57 crore and Rs 2,129.38 crore respectively.

Among the seven national parties, the highest assets were declared by the BJP (Rs 4847.78 crore or 69.37 per cent), followed by the BSP (Rs 698.33 crore or 9.99 per cent) and the Congress (588.16 crore or 8.42 per cent), the ADR report said. Among the 44 regional parties, the assets of the top 10 parties were worth Rs 2028.715 crore or 95.27 per cent of the total declared by them all combined. In the FY 2019-20, among the regional parties, the highest assets were declared by the Samajwadi Party at Rs 563.47 crore (26.46 per cent), followed by the TRS at Rs 301.47 crore and the AIADMK at Rs 267.61 crore. The total liabilities declared by the seven national and 44 regional parties for the FY 2019-20 amount to Rs 134.93 crore. Regional political parties declared total liabilities of Rs 60.66 crore in FY 2019-20, it said.

Fixed Deposits/FDR constituted the largest share of Rs 1,639.51 crore (76.99 per cent) of the total assets declared by regional parties in the FY 2019-20. Under the FDR/Fixed Deposits category for the financial year, the BJP and the BSP declared Rs 3,253.00 crore and Rs 618.86 crore, the top two among all national parties, while the Congress declared Rs 240.90 crore. Among regional parties, political parties such as the SP (Rs 434.219 crore), TRS (Rs 256.01 crore), AIADMK (Rs 246.90 crore), DMK (Rs 162.425 crore), Shiv Sena (Rs 148.46 crore), BJD (Rs 118.425 crore) among others declared highest assets under FDR/Fixed Deposits.


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