Political parties have multiple
sources of funding and thus accountability and transparency should be an
important aspect of their functioning. It is essential to have comprehensive
and transparent accounting methods and systems which should reveal the true
financial position of the parties.
The Election Commission of India
(ECI), in its letter dated 19th November,’14 addressed
to the Presidents/General Secretaries of all political parties, stated that it
was mandatory for the parties to submit details of their audited reports to the
Commission. This report analyses the total income and expenditure incurred, all
over India, by the all-National Parties during FY 2020-21, as declared by the parties in their IT Returns
submitted to the ECI.
The National Parties include Bharatiya
Janata Party (BJP) Indian National Congress (INC), Bahujan Samaj Party (BSP),
Nationalist Congress Party (NCP),
Communist Party of India (CPI),
Communist Party of India (Marxist) (CPM),
All India Trinamool Congress (AITC)
and National People’s Party (NPEP).
Status of submission of audited
reports by the National Parties, FY 2020-21
due date for submission of annual audited accounts for the parties was 31st October, 21.
National Parties (BSP, AITC, CPM, NPEP, NCP, INC, CPI and BJP) submitted their
audit reports after a delay ranging from 59 days to 201 days.
Total Income and Expenditure of National Political
Parties for FY 2020-21
- BJP declared a total income of Rs 752.337 cr during FY 2020-21, but spent only 82.46% (Rs 620.398 cr)
of the total income. INC’s total
income was Rs 285.765 cr while
the party spent Rs 209 cr, thus, party’s expenditure for that year is 73.14%
of its total income.
- AITC’s total income was Rs 74.417
cr while the party spent Rs 132.537 cr, which exceeds its income for that
year by 78.10%.
Total Income of National Parties
for FY 2020-21
National Parties (BJP, INC, CPM, NCP, BSP, AITC, CPI and NPEP)
have declared a total income of Rs
1373.783 cr, collected from all over India.
has shown the highest income amongst the National Parties, an income of Rs 752.337 cr during FY 2020-21. This forms 54.764% of the total income of 8 National Parties
during FY 2020-21.
declared the second highest income of Rs
285.765 cr which forms 20.801%
of the total income of the 8 National Parties.
Comparison of total income of
National Political Parties between FY 2019-20 & FY 2020-21
- Between FY 2019-20 and 2020-21, the income of BJP decreased by 79.24% (Rs 2870.943 cr) from Rs 3623.28
cr during FY 2019-20 to Rs 752.337 cr during FY 2020-21.
- Income of INC
decreased by 58.11% (Rs 396.445 cr) from Rs 682.21 cr during FY 2019-20 to Rs 285.765 cr during FY 2020.21.
- Between FY 2019-20 and 2020-21, the income of AITC, NCP, BSP, CPI and NPEP
decreased by 48.20% (Rs 69.259
cr), 59.19% (Rs 50.659 cr), 9.94% (Rs 5.789 cr), and 67.65% (Rs 4.452 cr) and 62.91% (Rs 1.184 cr), respectively.