BJP Declares ₹4,340 Crore Income for 2023-24: Highest Income among National Parties
The Association of Democratic Reforms (ADR), a poll rights body, has released a report highlighting the financial earnings of six national parties in the financial year 2023-24. According to the report, the Bharatiya Janata Party (BJP) has declared the highest income among national parties, with a total earnings of ₹4,340.47 crore.
The report, which analyzed the income statements of six national parties, including the BJP, Congress, CPI(M), CPI, NCP, and BSP, revealed that the BJP’s income accounted for a significant 74.57% of the total income of these parties during the period under review.
The BJP’s massive income is a reflection of its widespread presence and influence across the country. The party’s robust fundraising efforts, coupled with its ability to attract large donations from its supporters, have contributed to its impressive earnings.
It is worth noting that the BJP’s income is not only significantly higher than that of other national parties but also higher than the total income of many regional parties. The party’s ability to generate such a large amount of income has raised questions about the sources of its funds and the transparency of its fundraising activities.
The ADR report provides a detailed breakdown of the income of each party, including donations, membership fees, and other sources of income. The report also highlights the significant difference in income between the BJP and other national parties.
For instance, the Congress, which is one of the oldest and most prominent parties in the country, declared an income of ₹1,144.27 crore, which is significantly lower than the BJP’s income. The CPI(M), another prominent party, declared an income of ₹444.92 crore, while the CPI declared an income of ₹284.65 crore.
The NCP and BSP, which are regional parties, declared incomes of ₹140.45 crore and ₹123.91 crore, respectively. These figures are significantly lower than the BJP’s income, highlighting the party’s dominance in terms of fundraising.
The BJP’s high income has raised questions about the party’s fundraising activities and the sources of its funds. The party’s ability to attract large donations from its supporters and the corporate sector has been a subject of controversy in the past.
In recent years, there have been several instances of corporate donors contributing large sums of money to the BJP. For instance, in 2020, the party received a donation of ₹1,000 crore from the Adani Group, a leading business conglomerate.
The BJP’s high income has also raised questions about the party’s ability to influence government policy. Critics have argued that the party’s ability to attract large donations from corporate donors has given it a significant advantage in terms of influencing government policy.
In conclusion, the BJP’s declaration of ₹4,340 crore income for the financial year 2023-24 is a significant development in the country’s political landscape. The party’s ability to generate such a large amount of income highlights its widespread presence and influence across the country.
However, the party’s high income has also raised questions about the sources of its funds and the transparency of its fundraising activities. The government and regulatory bodies must ensure that the party’s fundraising activities are transparent and accountable, and that the party is not using its influence to gain an unfair advantage.
