BJP’s total assets swell by 22%: ADR report

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BJP’s total assets swell by 22%: ADR report

Thursday, 01 August 2019 | PNS | New Delhi

BJP’s total assets registered an increase by 22 per cent in the last one year even while that of the Congress saw a decline of 15 per cent.  Between 2016 and 2017, the declared assets of BJP totaled Rs 1213.13 crore  and increased by 22.27 percent  to Rs 1483.35 crore during 2017-18.

However, the total assets of the TMC increased by 10.86 per cent, from Rs 26.25 crore during 2016-17 to Rs 29.10 crore in 2017-18.  The assets of the BSP also showed an increase from Rs 680.63 crore in 2016-17 to Rs 716.72 crore in 2017-18, while the assets of the CPI-M were Rs 463.76 crore in 2016-17 and it went up to Rs 482.1 crore in 2017-18.

The assets of the CPI also rose from Rs 10.88 crore in 2016-2017 to Rs 11.49 crore in 2017-18.  The assets include fixed assets, loans and advances, deposits made and investments, the report said.

The total assets declared by the seven parties -- BJP, Congress, NCP, BSP, CPI, CPI (M) and TMC - in 2017-18 was Rs 3,456.65 crore, up from Rs 3,260.81 crore in 2016-17.

According to the Association of Democratic Reforms (ADR), the BJP was among the seven national parties whose assets, as declared by them during 2017-18, was 6 per cent more than their declaration in 2016-17.  INC and NCP are the only two national political parties to show a decrease in their annual declared assets.

The total assets of the Congress between 2016-17 and 2017-18 decreased by 15.26 per cent (from Rs 854.75 crore to Rs 724.35 crore) while those of the NCP fell by 16.39 per cent (from Rs 11.41 crore to Rs 9.54 crore) during the corresponding period.

According to the ADR report, the total liabilities for 2016-17 declared by these parties, however, amouted to Rs 514.99 crore (an average of Rs 73.57 crore per party), which decreased by 27.26 per cent to Rs 374.61 crore in 2017-18.

“For 2016-17, the Congress declared the highest liabilities of Rs 461.73 crore followed by the BJP with Rs 20.03 crore.

“And for 2017-18, highest liabilities of Rs 324.2 crore were declared by the Congress followed by the BJP with Rs 21.38 crore and the TMC with Rs 10.65 crore.”

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