The Bharatiya Janata Party (BJP) has the highest income among national parties with ₹2360.84 crore in the financial year 2022-23, a report by the Association of Democratic Reforms (ADR) revealed.
The Indian National Congress (INC) has declared the second-highest income of ₹452.37 crore closely followed by the Communist Party of India (Marxist) at ₹141.66 crore.
According to the analysis by ADR, the total income of six national parties including (BJP, INC, CPI(M), Aam Aadmi Party, Bahujan Samaj Party, and NPEP) was ₹3,076.88 crore of which the BJP’s share was 76.73%.
INC being the second highest forms 14.70% of the total income while NPEP declared the lowest income of ₹7.562 crore.
The report analyses the total income and expenditure incurred, all over India, by all national parties during FY 2022-23, as declared by the parties in their annual audit report submitted to the ECI.
The BJP spent only 57.68% ( ₹1361.68 crore) of the total income ( ₹2360.84).
However, their income has risen by ₹443.72 crore it had in FY 2021-22.
{{/usCountry}}However, their income has risen by ₹443.72 crore it had in FY 2021-22.
{{/usCountry}}Close to 89.80 % of the BJP’s income came from voluntary contributions, said the report.
On the other hand, INC’s total spending was ₹467.13 crore which exceeds its total income by 3.26%.
Close to 59.38% of its income came from grants/contributions/donations.
However, collection by issuing coupons of ₹125.7676 crore declared by INC form 27.80% of its total income.