5 regional parties declared donations of Rs 250.60 Cr through election bonds in 2020-21: ADR

Five regional parties reported receiving donations amounting to Rs 250.60 crore through election bonds in 2020-21, according to voting rights group Association for Democratic Reforms (ADR). According to the latest ADR report, the total income of 31 regional parties for the financial year 2020-2021 was Rs 529,416 crore, and their reported total expenditure was Rs 414,028 crore.

The five parties that incurred the highest expenditure that year were DMK (Rs 218.49 crore), TDP (Rs 54,769 crore), AIADMK (Rs 42.37 crore), JDU (Rs 24 .35 crore) and the TRS (Rs 22.35 crore), he said. . The total income of the top five parties stood at Rs 434.255 crore or 82.03% of the total income of the analyzed political parties, collectively, according to the report.

Under voluntary contributions, political parties raised Rs 250.60 crore or 47.34% of their income from donations through election bonds, while other donations and contributions amounted to Rs 126.265 crore. rupees or 23.85% for the financial year 2020-21, it said. Only five of the 31 regional parties analyzed reported donations through electoral bonds. Of the total income of the 31 regional parties in the financial year 2020-21, Rs 84.64 crore or 15.99% was interest income, according to the report.

The total income of 29 of the 31 parties fell from Rs 800.26 crore in the 2019-20 financial year to Rs 520.492 crore in the 2020-21 financial year, a decline of 34.96%, did he declare. The ADR said 17 regional parties said part of their revenue was unspent for the 2020-21 fiscal year.

Among the national parties, the BJP’s audit report for the financial year 2020-21 was not available on the ECI website at the time of the preparation of this report, he added.

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Garland K. Long