Income declared by National & Regional Political Parties, FY 2018-19
The total income of the 3 National & 22 Regional Parties for the FY 2018-19 was Rs 1163.17 cr.
BJD reported having the highest income of Rs 249.31 cr, which forms 21.43% of the total income of all the parties analysed, followed by AITC with an income of Rs 192.65 cr or 16.56% and TRS whose income was Rs 188.71 cr or 16.22% of the total income of the 3 National & 22 Regional parties analysed in this report.
The total income of top 3 parties amounted to Rs 630.67 cr, which comprised 54.22% of the total income of the political parties analyzed, collectively.
Comparison of Income of National and Regional Parties, FY 2017-18 and FY 2018-19
Out of a total of 25 Political Parties analysed, 17 parties have shown an increase in their income from FY 2017-18 to FY 2018-19 while 6 parties have shown a decline in their income during this period.
Two Regional parties namely PDA and NDPP had not submitted their Income Tax Returns to the ECI for FY 2017-18 and hence their income could not be compared.
Total income of the 23 parties increased from Rs 329.46 cr in FY 2017-18 to Rs 1155.14 cr in FY 2018- 19, a total increase of 251% or Rs 825.68 cr.
BJD reported the highest increase in its income of Rs 235.19 cr followed by AITC and YSR-C which declared a total increase of Rs 187.48 cr and Rs 166.84 cr respectively, between FY 2017-18 and FY 2018-19.
Unspent Income of National and Regional Parties, FY 2018-19
There are 19 political parties including 3 National parties who declared a part of their income as remaining unspent for the FY 2018-19 while 6 political parties spent more than the income collected during the year.
AITC has more than 94% of its total income remaining unspent followed by NDPP and TRS having 87% and 84%, respectively, of their income remaining unspent for FY 2018-19.
SP, SAD, INLD, MNS, RLD & NPF are the 6 Regional parties that declared spending more than their income. SP has declared spending highest amount of Rs 17.12 cr or 50.65% more than its income.
Expenditure incurred by National and Regional Parties, FY 2018-19
The total declared expenditure of the 3 National & 22 Regional parties for the FY 2018-19 was Rs 442.73 cr.
Total expenditure incurred by the top 3 parties is Rs 214.75 cr or 48.51% of the total expenditure as reported by the 25 political parties.
Top 3 parties that have incurred highest expenditure are YSR-Congress which had spent Rs 87.684 cr or 19.81%, followed by CPM which spent Rs 76.150 cr or 17.20% and SP which spent Rs 50.92 cr or 11.50%.