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Friday, August 12, 2022

DMK, YSRCP reported highest income among regional parties: ADR report

The total income of the top five parties amounted to Rs 434.255 crore, which comprised 82.03% of the total income of the political parties analysed, collectively, the report revealed.

By: Express News Service | New Delhi |
Updated: May 28, 2022 1:09:01 pm
The total income of the top five parties amounted to Rs 434.255 crore, which was 82.03 per cent of the total income of the political parties analysed, collectively, the report said. (Representational)

The Dravida Munnetra Kazhagam (DMK) had the highest income and expenditure among the 31 regional parties analysed in 2020-2021 at Rs 149.95 crore followed by YSR-Congress with an income of Rs 107.98 crore, according to a report by the Association for Democratic Reforms (ADR).

DMK’s earning of Rs 149.95 crore forms 28.324% of the total income of all the parties analysed, followed by YSR-Congress with an income of Rs 107.99 crore or 20.398% and Biju Janata Dal (BJD) whose income was Rs 73.347 crore or 13.854% of the total income of the 31 regional parties analysed in this report.

The total income of the top five parties amounted to Rs 434.255 crore, which comprised 82.03% of the total income of the political parties analysed, collectively, the report revealed.

Out of a total of 29 parties of the 31 political parties whose data is available for both the years, 10 parties have shown an increase in their income from FY 2019-20 to FY 2020-21 while 19 parties have shown a decline in their income during this period, the report noted.

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“Total income of the 29 parties decreased from Rs 800.264 crore in FY 2019-20 to Rs 520.492 crore in FY 2020-21, a total decrease of 34.96% or Rs 279.775 crore. DMK reported the highest increase in its income of Rs 85.046 crore followed by JDU and YSR-Congress, which declared a total increase of Rs 41.956 crore and Rs 15.251 crore, respectively, between FY 2019-20 and FY 2020-21,” the report said.

The report also noted that YSR-Congress has more than 99.25% of its total income remaining unspent while BJD and AIMIM have 90.44% and 88.02%, respectively, of their income remaining unspent for FY 2020-21.

“DMK, AIADMK, TDP, JDS, CPI(ML)(L), PMK, SKM, JMM, RLD, AGP, ZNP, NPF, SDF and JKPDP are the 14 Regional parties that declared spending more than their income. TDP has declared to have spent the highest amount of Rs 51.517 crore or 1,584.16% more than its income,” it noted.

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The total declared expenditure of the 31 regional parties for the FY 2020-21 was Rs 414.028 crore while the total expenditure incurred by the top five parties is Rs 362.321 crore or 87.51% of the total expenditure as reported by the 31 political parties.

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First published on: 27-05-2022 at 06:42:33 pm

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