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Nitish Kumar's JD(U) & 13 other parties report more expenditure than income

29 October 2017

According to the latest report released by Association of Democratic Reforms, the political watchdog, the DMK has the annual income of Rs 77.63 crore.

During 2015-16, the DMK had the highest income of Rs. 77.63 crore among all regional parties, followed by the AIADMK, which had an income of Rs. 54.93 crore, the second highest in the country.

These three parties together comprise more than 67% of the total income if the 32 regional parties are included in this study.

The report further said 14 out of 32 regional parties have reported incurring expenditure more than their total income. "The Supreme Court gave a judgment in 2013 declaring that no part of a candidate's affidavit should be left blank.Along the same lines, we recommend that the Election Commission impose rules that no part of the Form 24A submitted by political parties providing details of donations above '20,000 should be left blank", said ADR.

The DMK has the highest income of Rs 77.63 crores and spent only Rs 6.90 crores.

The report has found that the Tamil Nadu and Puducherry-based political party, Dravida Munnetra Kazhagam (DMK), is the richest regional party in the country.

While the DMK spent only Rs 6.9 crore and AIADMK Rs 7.09 crore, the TDP spent nearly 82% of the income reported in the fiscal. The DMK's total earned income accounted for 35.05% of the total income disclosed by the 32 regional parties.

Out of these, the Jharkhand Vikas Morcha-Prajatantrik (JVM-P), Janata Dal-United (JD-U) and the Rashtriya Lok Dal (RLD) have spent close to 200% of their total income in 2015-16.

Only 17 regional parties provided information with regards to unknown sources of income collected under "voluntary contributions" totalling Rs 28.945 cr in 2015-16, which formed 71.28 per cent of the total income from unknown sources of regional parties. Followed by the TDP, whose income is Rs 15.978 crores and expense at 13. Of them, JVM-P, JDU and RLD said they had spent twice their income for the year. Both these details were available only for 18 regional parties. Also, total income of parties from other known sources (sale of assets, membership fees, among others) was Rs 74.86 crore.

National parties declared collecting 68.57 per cent (Rs 708.48 cr) of their total income from unknown sources during 2015-16.

The reserve funds of BJP, between FY 2004-05 and 2015-16 increased by 700 percent while that of Indian National Congress (INC) increased by 169 percent. For AAP, publicity deserved top priority, as the party spent Rs 5 crore on "propaganda expenses", highest among all regional parties.

Nitish Kumar's JD(U) & 13 other parties report more expenditure than income