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Regional Parties Collected 445 Crores From Unknown Sources, Claims In The Report Of Adr

News Desk, Amar Ujala, New Delhi

Published by: Surendra Joshi
Updated Thu, 11 Nov 2021 05:38 PM IST

Summary

Of this, 95.616 per cent or Rs 426.233 crore came from electoral bonds and regional parties collected Rs 4.976 crore from voluntary contributions, the ADR report said.

The business of political donations is also not weak in the country. According to the latest report of the Association for Democratic Reforms (ADR), an organization that monitors elections and political parties, in the year 2019-20, regional parties raised Rs 445.774 crore from unknown sources. This donation is 55.50 per cent of the total earnings earned by him during the year.

Of this, 95.616 per cent or Rs 426.233 crore came from electoral bonds and regional parties collected Rs 4.976 crore from voluntary contributions, the ADR report said. This information came from an analysis of their income tax returns and donation details filed by regional parties with the Election Commission. This suggests that the sources of their donations are largely unknown.

As per the election rules, it is not mandatory at present to disclose the names of individuals or organizations giving less than Rs 20,000 to political parties. Because of this, the source of the huge amount of money received by them cannot be traced, these sources remain unknown.

According to the ADR, the reports of donations received by AAP, Muslim League (IUML) and LJP are available on the website of the Election Commission. But the donation figures of these parties show discrepancies in their annual audit reports and donation reports (donations above Rs 20,000) for the financial year 2019-20.

Some of the top regional parties have reported receiving the highest undisclosed income. TRS got 89.159 crore, TDP 81.694 crore, YSR Congress got 74.75 crore, BJD 50.586 crore and DMK 45.50 crore from unknown sources.

According to the donation report submitted to the Election Commission, the regional parties have received Rs 184.623 crore from known sources in the year under review. This amount is 22.98 percent of his total earnings. Other income of these parties includes Rs 172.84 crore or 21.52 per cent amount from membership fee, bank interest, sale of publication material etc.

Expansion

The business of political donations is also not weak in the country. According to the latest report of the Association for Democratic Reforms (ADR), an organization that monitors elections and political parties, in the year 2019-20, regional parties raised Rs 445.774 crore from unknown sources. This donation is 55.50 per cent of the total earnings earned by him during the year.

Of this, 95.616 per cent or Rs 426.233 crore came from electoral bonds and regional parties collected Rs 4.976 crore from voluntary contributions, the ADR report said. This information came from an analysis of their income tax returns and donation details filed by regional parties with the Election Commission. This suggests that the sources of their donations are largely unknown.

As per the election rules, it is not mandatory at present to disclose the names of individuals or organizations giving less than Rs 20,000 to political parties. Because of this, the source of the huge amount of money received by them cannot be traced, these sources remain unknown.

According to the ADR, the reports of donations received by AAP, Muslim League (IUML) and LJP are available on the website of the Election Commission. But the donation figures of these parties show discrepancies in their annual audit reports and donation reports (donations above Rs 20,000) for the financial year 2019-20.

Some of the top regional parties have reported receiving the highest undisclosed income. TRS has received 89.159 crore, TDP 81.694 crore, YSR Congress 74.75 crore, BJD 50.586 crore and DMK 45.50 crore from unknown sources.

According to the donation report submitted to the Election Commission, the regional parties have received Rs 184.623 crore from known sources in the year under review. This amount is 22.98 percent of his total earnings. Other income of these parties includes Rs 172.84 crore or 21.52 per cent amount from membership fee, bank interest, sale of publication material etc.

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