BJP Emerges as India's Richest Political Party, Reveals ADR Report

: Category: Latest; Published: 28 February 2024

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New Delhi/Shimla: In a report disclosed by the Association for Democratic Reforms (ADR), the Bharatiya Janata Party (BJP) has secured its position as the wealthiest political entity in India.

The report, released to the media today, sheds light on the financial standing of various national parties during the fiscal year 2022-23.

According to the ADR findings, BJP declared an impressive total income of Rs 2360.844 crore during FY 2022-23, marking a substantial increase of 23.15% from the previous fiscal year.

This substantial financial growth has propelled BJP to the forefront, solidifying its status as the wealthiest political organization in the country.

However, BJP's financial dominance was not unchallenged.

The Indian National Congress (INC) declared a total income of Rs 452.375 crore during the same period, making it the second-highest earner among national parties.

Despite this, INC's expenditure surpassed its income, indicating a deficit of 3.26%.

Meanwhile, the Communist Party of India (Marxist) (CPI(M)) reported a total income of Rs 141.661 crore, followed by the Aam Aadmi Party (AAP) with Rs 85.17 crore.

Both parties demonstrated financial management, with CPI(M) spending 74.87% of its income and AAP spending 119.82%.

Despite varying income levels, all parties highlighted the significance of donations/contributions as a primary source of funding.

BJP received the highest income from donations/contributions, collecting a substantial portion through Electoral Bonds. Out of the total Electoral Bonds redeemed by parties in FY 2022-23, BJP accounted for a significant share, receiving donations worth Rs 1294.1499 crore through this mechanism.

The ADR report underscores the importance of transparency and accountability in political financing, emphasizing the need for comprehensive disclosure of financial details by political parties.

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Sword of Uncertainty Over Six CPSs’ Fate Temporarily Lifted: Relief for Sukhu Government

In a major relief to the Himachal Pradesh government, the Supreme Court has stayed the High Court’s directive to initiate disqualification proceedings against six MLAs who were appointed as Chief Parliamentary Secretaries (CPSs).

This decision, welcomed by Chief Minister Thakur Sukhvinder Singh Sukhu, has brought a temporary reprieve to his administration, which was grappling with the political and legal ramifications of the High Court’s order.

The Himachal Pradesh High Court had earlier quashed the appointments of the six CPSs, deeming them unconstitutional, and directed the Assembly Speaker to initiate disqualification proceedings under the anti-defection law.

However, the Supreme Court’s stay has effectively paused the implementation of this directive, offering the government some breathing space to strategize its next legal move.

CM Sukhu Hails Supreme Court’s Clarity

Speaking to media persons in New Delhi, CM Sukhu expressed his satisfaction with the Supreme Court’s interpretation, which he said provided much-needed clarity on the matter.

"The relief granted by the Supreme Court is significant, and we will deliberate on the next steps after considering all legal aspects,” he said.

The Chief Minister also emphasized that the apex court’s interpretation differed from paragraph 50 of the High Court’s verdict, which had been the basis of the controversial directive.

Opposition’s “Childish” Behavior Criticized

Shifting his focus to the opposition, Sukhu took a sharp jab at their tactics, describing their behavior as “childish” and lacking focus on real issues.

“There are no controversies here, but their behavior is simply immature. From toilet tax to ‘Samosa Politics,’ they are just distracting from the real issues,” he said.

Sukhu accused the opposition BJP of attempting to create diversions because of its failure to make a dent in the Congress’s strength during the Vidhan Sabha elections.

“Their ‘Operation Lotus’ was decisively rejected by the people, and Congress retained its 40-seat strength. Now, they resort to personal attacks to divert attention from our welfare schemes,” he added.

Relief Amid Mounting Challenges

The Supreme Court’s stay on the High Court’s order has momentarily eased the pressure on the Sukhu government, but the sword of uncertainty continues to hang over the six MLAs who served as CPSs.

With questions around their appointments still unresolved, the case remains a legal minefield.

The CPS appointments had drawn criticism for allegedly violating constitutional provisions, which prohibit the creation of such posts without legislative backing.

The High Court’s scathing remarks and the directive for disqualification had added fuel to the controversy, creating a storm in the state’s political landscape.

While the Supreme Court’s intervention provides temporary relief, the Sukhu government must now prepare for a protracted legal battle to defend the appointments and protect its legislative majority.

Opposition’s Counterattacks

The BJP, meanwhile, has been quick to pounce on the issue, accusing the government of flouting constitutional norms for political convenience. Party leaders have argued that the CPS appointments were a backdoor way to reward loyalists, a claim that Sukhu has staunchly denied.

The opposition’s attacks, combined with the ongoing legal scrutiny, highlight the precarious nature of the government’s position. For now, the Supreme Court’s decision is a welcome pause, but the final word on the matter could still have far-reaching consequences for the political stability of Himachal Pradesh.

Sukhu’s Call for Responsibility

Amid the controversy, Sukhu reiterated his commitment to governance and welfare. He called on the opposition to act responsibly and raise issues that matter to the common man.

“Significant progress has been made in improving the socio-economic status of the underprivileged during this tenure, and that remains our priority,” he stated.

With the legal wrangling far from over, the fate of the six CPSs—and the stability of the Sukhu government—remains inextricably tied to the unfolding courtroom drama.

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BJP Emerges as India's Richest Political Party, Reveals ADR Report

Despite this, INC's expenditure surpassed its income, indicating a deficit of 3.26%.

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