Think-tank reports discrepancies in political funding


Posted on 6th Feb 2015 02:59 pm by mohit kumar

New Delhi, Feb 5 (IANS) An analysis by think-tank ADR shows major discrepancies in funding for political parties, and says known income for four national parties was less than the donation declared by one electoral trust that belongs to the Bharti group.

National parties are supposed to disclose all donations above Rs.20,000 as per Election Commission guidelines.

Five parties -- Congress, Nationalist Congress Party (NCP), Bahujan Samaj Party (BSP), Communist Party of India (CPI) and Communist Party of India-Marxist (CPI-M) -- submitted their contribution statements for donations above Rs.20,000 for the financial year 2013-14.

However, the Bharatiya Janata Party (BJP) did not submit its contribution report.

The BSP declared nil income above Rs.20,000.

The total income of the remaining four parties from known sources of funding was Rs.76.93 crore.

However, one electoral trust -- Satya Electoral Trust, set up by the Bharti group as per the statement -- alone declared an amount of Rs.81.87 crore as donations to parties, including the BJP, said ADR.

Bharti Airtel Ltd. contributed the maximum amount of Rs.28 crore which formed 33 percent of the total donation by Satya Electoral Trust, followed by DLF Ltd. which donated Rs.20 crore.

0 Like 0 Dislike
Previous news Next news
Other news

Delhi Crime: Masked miscreants fired at Delhi's JJ Colony, 2 killed; one seriously injured

A sensational case of double murder has come to light from the national capital Delhi. There has

IND vs SA: India did not lose the T20 series in South Africa, Surya's army faces a tough challenge; Know the record

The Indian cricket team was welcomed traditionally on its arrival in South Africa. India has to s

Weather Update: Heavy rain in 21 states including Delhi-UP, railway line caved in, Badrinath Highway closed due to landslides

Amidst the G-20 summit, the weather patterns changed in 21 states including the national capital.

Patnaik's Taj Reunites eternal lovers on Valentine's Day

Agra, Feb 14 (IANS) Uttar Pradesh Chief Minister Akhilesh Yadav will unveil sand artist Sudersh

New disclosure in the Choksi case: Mehul's alleged girlfriend said – The theory of Choksi's kidnapping is completely wrong; He was trying to escape to Cuba

New revelations are being made every day about Mehul Choksi, accused in the Punjab National Bank

Coronavirus Kanika Kapoor: Bollywood Singer Kanika Kapoor Discharged From SGPGI, Police Preparing To Record Statement

Lucknow: Sixth report of Korona virus infected Bollywood singer Kanika Kapoor has come out negati

Why does China call Arunachal Pradesh 'Southern Tibet'?

Both India and China had leveled allegations and counter-accusations on each other two days ago o

Solar Eclipse 2023: When is the solar eclipse in India, know the time and date; how to avoid negative energy

Surya Grahan 2023: The first solar eclipse of the year 2023 is going to happen on 20 April. This

All judges of the Supreme Court will hear from their home today, many members of staff feared being infected

The impact of the second wave of Corona in the country has reached the Supreme Court. If sources

Tomato Price: Tomato prices decreased by 29 percent in a month, and now the government is taking this step to keep onions cheap

The all-India average retail price of tomatoes has come down by 29 percent as compared to the pre

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash