BJP declared assets worth Rs 4,847 cr in 2019-20, BSP second at Rs 698 Cr: ADR

New Delhi, Jan 28 (PTI) The ruling Bharatiya Janata Party [BJP] declared assets worth Rs. 4,847.78 crore in financial year [FY] 2019-20, the highest among all political parties, followed by the Bahujan Samaj Party [BSP] at Rs 698.33 crore and the Indian National Congress at Rs 588.16 crore, according to poll reforms advocacy group ADR.
The Association for Democratic Reforms [ADR] prepared its report based on its analysis of assets and liabilities of national and regional parties in 2019-20, as declared to the Election Commission of India.
According to the analysis, the total assets declared by the seven national and 44 regional parties during the financial year amounted to Rs. 6,988.57 crore and Rs. 2,129.38 crore, respectively.
Among the seven national parties, the highest assets were declared by the BJP (Rs. 4,847.78 crore or 69.37 per cent), followed by the BSP (Rs. 698.33 crore or 9.99 per cent) and the Congress (Rs. 588.16 crore or 8.42 per cent), the ADR report said.
Among the 44 regional parties, the assets of the top 10 parties were worth Rs. 2,028.715 crore or 95.27 per cent of the total declared by them all combined.
In the FY 2019-20, among the regional parties, the highest assets were declared by the Samajwadi Party at Rs. 563.47 crore (26.46 per cent), followed by the Telangana Rashtra Samithi or TRS at Rs. 301.47 crore, and the AIADMK [All India Anna Dravida Munnetra Kazhgam] at Rs. 267.61 crore.
Fixed Deposits/FDR constituted the largest share of Rs. 1,639.51 crore (76.99 per cent) of the total assets declared by regional parties in the FY 2019-20.
Under the FDR/Fixed Deposits category for the financial year, the BJP and the BSP declared Rs. 3,253.00 crore and Rs. 618.86 crore, respectively, the top two among all national parties, while the Congress declared Rs. 240.90 crore.
Among regional parties, political parties such as the SP (Rs. 434.219 crore), TRS (Rs. 256.01 crore), AIADMK (Rs. 246.90 crore), Dravida Munnetra Kazhgam [DMK] (Rs. 162.425 crore), Shiv Sena (Rs. 148.46 crore), Biju Janata Dal (Rs. 118.425 crore), among others, declared highest assets under FDR/Fixed Deposits.
The total liabilities declared by the seven national and 44 regional parties for the FY 2019-20 amount to Rs. 134.93 crore.
“The National Political Parties declared the total liabilities of Rs. 74.27 crore in FY 2019-20. National Parties declared Rs. 4.26 crore under Borrowings and Rs. 70.01 cr under Other Liabilities and in the FY 2019-20, Congress declared the highest total liabilities of Rs. 49.55 crore (66.72 per cent) followed by AITC [All India Trinamool Congress] that declared Rs. 11.32 crore (15.24 per cent),” the ADR said.
Regional political parties declared total liabilities of Rs. 60.66 crore in FY 2019-20, it said.
“Regional Parties declared Rs. 30.29 crore under Borrowings and Rs. 30.37 cr under Other Liabilities and in the FY 2019-20, TDP [Telugu Desam Party] declared the highest total liabilities of Rs. 30.342 crore (50.02 per cent) followed by DMK that declared Rs. 8.05 crore (13.27 per cent),” the analysis said.