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Addr: Assets of eight national political parties worth Rs 8,829 crore in 2021-22, reduced assets of this party – National parties declare assets worth Rs 8,829 Cr 2021-22: Addr
| Pro IQRA News
The total assets declared by eight national political parties in 2021-22 stood at Rs 8,829.16 crore, up from Rs 7,297.62 crore in 2020-21, electoral body Association for Democratic Reforms (ADR) said in its report. In its report, the electoral reform group has analyzed the assets and liabilities declared by BJP, Congress, NCP, BSP, CPI, CPI(M), TMC and NPEP for the financial years 2020-21 and 2021-22.
BJP’s assets increased by 21.17 percent
According to the ADR, in the financial year 2020-21, the Bharatiya Janata Party (BJP) had declared assets worth Rs 4,990 crore, which increased by 21.17 percent to Rs 6,046.81 crore in 2021-22. Meanwhile, the declared assets of the Congress in 2020-21 were Rs 691.11 crore, which increased by 16.58 percent to Rs 805.68 crore in 2021-22.
Decline in declared annual assets for BSP
The report said the Bahujan Samaj Party (BSP) is the only national party to have shown a decline in its annual declared assets. Between 2020-21 and 2021-22, BSP’s total assets declined by 5.74 percent to Rs 690.71 crore from Rs 732.79 crore. ADR said the total assets of the Trinamool Congress (TMC) increased from Rs 182,001 crore to Rs 458.10 crore in 2020-21, an increase of 151.70 percent.
Congress on top of debt
The ADR said the total liabilities for the financial year 2020-2021 declared by national parties was Rs 103.55 million. The Congress declared liabilities of Rs 71.58 crore, which is the highest, followed by the CPI(M) which declared liabilities of Rs 16,109 crore. The Congress was again on top with liabilities of Rs 41.95 crore for the financial year 2021-22, followed by the CPI(M) and the BJP which declared liabilities of Rs 12.21 crore and Rs 5.17 crore respectively. Five parties announced reductions in debt between 2020–21 and 2021–22.
NCP’s debts reduced by Rs 1 lakh
Congress has declared a reduction in its debts by Rs 29.63 crore, BJP by Rs 6.03 crore, CPI(M) by Rs 3.89 crore, Trinamool Congress by Rs 1.30 crore and NCP by Rs 1 lakh. ADR said the total capital/reserve fund set aside by national parties in FY 2020-21 after adjusting liabilities was Rs 7,194 crore and Rs 8,766 crore for FY 2021-22.