BRS had highest income, TMC led in spending among regional parties in 2022-’23: Report
Voluntary contributions, including donations and electoral bonds, were the primary source of income for the parties.
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The Bharat Rashtra Samithi had the highest income at Rs 737.67 crore among regional parties for the financial year 2022-’23, the non-governmental organisation Association for Democratic Reforms said in a report on Friday.
The party’s income constituted 42.38% of the total combined earnings declared by 39 regional parties whose annual audited accounts were analysed by the organisation.
Records of 18 out of 57 regional parties were not available on the Election Commission’s website at the time that the report was prepared.
With an income of Rs 333.45 crore, the Trinamool Congressstood had the second-highest earnings in the financial year 2022-’23 and the Dravida Munnetra Kazhagam came in third with an income of Rs 214.35 crore.
The top five parties with the highest incomes, which also included the Biju Janata Dal and the YSR Congress, collectively held Rs 1,541.32 crore, or 88.56% of the total income of all the regional parties analysed by the organisation.
According to the Association for Democratic Reforms, the parties that did not submit their audited accounts included Maharashtra Chief Minister Eknath Shinde-led Shiv Sena, the Jammu and Kashmir National Conference, the Nationalist Congress Party and the Shiv Sena (Uddhav Balasaheb Thackeray).
The organisation urged the Election Commission to enforce stricter deadlines for audit reports and penalise parties...
