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BJP’s income rises 50% in FY20, over five times of Congress

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The Bharatiya Janata Party‘s income in 2019-20 jumped almost 50% to Rs 3,623 crore from Rs 2,410 crore in 2018-19, while its total expenditure rose 64% to Rs 1,651 crore from Rs 1,005 crore over the same period.

The ruling party earned Rs 2,555 crore from electoral bonds in 2019-20, a 76% surge over its Rs 1,450 crore income through this route 2018-19, according to the BJP’s annual audit report put out by the Election Commission on Monday.

Its total election expenditure in 2019 ..

When compared to opposition party Congress’s total receipts of Rs 682 crore in 2019-20, BJP’s income was almost 5.3 times higher. Its expenditure was 1.6 times of the Congress’s total spend of Rs 998 crore in the same year.

BJP’s income in 2019-20 was more than three times the income of national parties — Congress, Trinamool Congress, NCP, BSP, CPM and CPI — combined.

 

Congress’ income registered a 25% decline to Rs 682 crore from Rs 998 crore in the corresponding period in sharp contrast to the 50% surge in BJP’s.

 

Of the total receipts of Rs 3,623 crore declared by the BJP for 2019-20, Rs 2,555 came from electoral bonds. Total contributions received by the ruling party totalled Rs 844 crore, of which Rs 291 crore came from individuals, Rs 238 crore from companies and organisations, Rs 281 crore from institutions and welfare bodies and Rs 33 crore from ‘others’.

 

Aajiwan Sahayog Nidhi donations totalled Rs 23 crore, contributions from morchas were at Rs 5.03 crore and from meetings were at Rs 34 lakh. Applications fees fetched the BJP Rs 28 lakh, delegate fees Rs 1.29 crore and membership fees Rs 20.12 crore.

 

BJP spent over Rs 400 crore on advertisements, almost double of the Rs 229 crore it spent in 2018-19, as part of its election expenditure. Spending on electronic media publicity totalled Rs 249 crore and that on print media Rs 47.38 crore, up from Rs 171.26 crore and Rs 20.32 crore respectively.and Rs 20.32 crore respectively.

 

The party also spent Rs 250.49 crore on air travel by its leaders and candidates, up from Rs 20.63 crore in 2018-19. Financial assistance extended by the party to its candidates was Rs 198.27 crore in 2019-20, up from Rs 60.35 crore the year before.

 

The total income of Congress was at Rs 682 crore, Trinamool Congress at Rs 143.67 crore, CPM at Rs 158.62 crore, BSP at Rs 58.25 crore, NCP at 85.58 crore and CPI at Rs 6.58 crore, showed a study of annual audit reports of national parties for the year 2019-20.

economictimes.indiatimes.com

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