BJP managed to get more donations than all other six national parties combined--with Rs 570.86 crores, monopolising more than 55 per cent of the total funding by all national political parties.(Image: Wikimedia Commons/Bhayavadar) Photograph: (Others)
Total income of the 7 National Parties for FY 2015-16 was Rs 1033.18 cr, collected from all over India
More than 276 million people in India live in extreme poverty. They have a purchasing power of fewer than 80 rupees per day to survive. As national leaders take responsibility and pledge to improve life for these people, their parties expend in octuple digits.
Bharatiya Janata Party, India's most dominant party, also dominated the pool of wealth through donations.
BJP managed to collect more donations than all other six national parties combined--a whopping Rs 570.86 crores, monopolising more than 55 per cent of the total funding by all national political parties. Last year, this figure was 51 per cent.
Total income of the 7 National Parties for FY 2015-16 was Rs 1033.18 crores, collected from all over India. During the financial year 2015-2016, BJP’s total income, Rs 570.86 crores, was 55.25 percent of the total income of all National Parties put together.
Indian National Congress was ranked at second position with a total income of Rs 261.56 crores. However, 26.11per cent, which translated to Rs 68.30 crores, was declared unspent by the party.
Even though the valuation of donations of the national parties fell by 41 per cent, from Rs 1,869 crore in 2014-15 to 1,033 crore, the combined contributions of BJP and Congress summed for 80% of total contributions. Communist Party of India (Marxist) is the only other national party with more than Rs 100 crore funding.
The report was compiled by the Association of Democratic Reforms. Although the due date to submit the annual audited accounts for the parties was October 30, 2016, BJP submitted its report on May 29, 2017, more than 6 months after the deadline.
As astonishing as these numbers look, the sources of this funding is a bewildering mystery. BJP claims that 80.5 per cent--Rs 459.56 crores--of the total funding was collected from "Voluntary Contributions" from unknown sources.
Declaring its unknown source of funding, Indian National Congress collected close to Rs 168 crores through "Sale of Coupons".