BJP richest party, BSP, not Cong, comes 2nd

| | New Delhi
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BJP richest party, BSP, not Cong, comes 2nd

Saturday, 29 January 2022 | PNS | New Delhi

Political parties in India cumulatively hold assets worth around a whopping `9,117.95 crore with the ruling Bharatiya Janata Party (BJP) topping the list with a staggering wealth including cash, bank investments, movable and immovable properties, vehicles etc — worth `4,847.78 crore. However, it is the Bahujan Samaj Party (BSP), and not the Congress, which followed BJP declaring assets worth `698.33 crore (9.99 per cent).

While the Congress declared assets worth `588.16 crore (8.42 per cent), CPI(M) declared `569.51 crore, Trinamool Congress (TMC) `247.78 crore, CPI `29.78 crore and NCP `8.20 crore.

According to the Association for Democratic Reforms (ADR) analysis report,  the seven national parties together hold `6,988.57 crore while 44 regional parties have `2,129.35 crore. All these parties together hold assets worth `9,117.95 as on 2019-20.

Among the national parties, the BJP and BSP declared the highest assets under FDR/Fixed Deposits, `3,253.00 crore and `618.86 crore respectively while the Congress declared the highest assets under FDR/Fixed Deposits, `240.90 crore for the 2019-20.

The total liabilities declared by the seven national and 44 regional political parties for the same duration amounted to `134.93 crore. The national political parties declared the total liabilities of `74.27 crore, `4.26 crore under Borrowings and `70.01 crore under Other Liabilities. The Congress declared the highest total liabilities of `49.55 crore (66.72 per cent) followed by All India Trinamool Congress (AITC) declaring `11.32 crore (15.24 per cent).

Among the 44 regional parties, the assets of the top 10 parties were worth `2028.715 crore or 95.27 per cent of the total declared by them all combined. In 2019-20, among the regional parties, the highest assets were declared by the Samajwadi Party at `563.47 crore (26.46 per cent), followed by the Telangana Rashtra Samithi (TRS) worth `301.47 crore and All India Anna Dravid Munnetra Kazhagam (AIADMK) worth `267.61 crore. Fixed Deposits/FDR constituted the largest share of `1,639.51 crore (76.99 per cent) of the total assets declared by regional parties in

2019-20.

The highest assets were declared under FDR/Fixed Deposits by SP (`434.219 crore), TRS (`256.01 crore), AIADMK (`246.90 crore), DMK (`162.425 crore), Shiv Sena (`148.46 crore) and Biju Janata Dal, BJD (`118.425 crore) among others. The regional political parties declared the total liabilities of `60.66 crore, `30.29 crore was declared under Borrowings and `30.37 crore under Other Liabilities. Amongst them, the Telugu Desam Party (TDP) declared the highest total liabilities of `30.342 crore (50.02 per cent) followed by DMK that declared `8.05 crore (13.27 per cent).

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