SP, DMK and TRS accounted for 46% of all regional parties' incomes: ADR

By A Representative
An analysis of the officially declared income of 37 regional parties in the financial year (FY) 2017-18 shows that it was Rs 237.27 crore. Of this, Samajwadi Party (SP) reported having the highest income of Rs 47.19 crore, which forms 19.89% of the total income of all 37 regional parties, closely followed by DMK Rs 35.75 crore or 15.07% and Telangana Rashtra Samithi (TRS) whose income was Rs 27.27 crore or 11.49%.
Overall, in FY 2017-18, the total income of top regional parties (SP, DMK, TRS) alone amounted to Rs 110.21 crore, which comprised 46.45% of the total income of 37 regional parties, collectively.
The total expenditure of all the 37 regional parties in FY 2017-18, was Rs 170.45 crore, says the analysis carried out by the Association of Democratic Reforms (ADR) based on audit reports these parties submitted to the Election Commission of India (ECI). Top three regional parties that incurred highest expenditure were SP which spent Rs 34.54 crore, followed by DMK Rs 27.47 crore and Telugu Desam Party (TDP) Rs 16.73 crore.
The analysis further shows that DMK, TRS and YSR-Congress saw the maximum increase in income of Rs 31.97 crore, Rs 23.48 crore and Rs 13.30 crore, respectively, in their income from FY 2016-17 to 2017-18. It adds, during FY 2017-18 out of the 37 regional parties, only JDS declared receiving an income of Rs 6.03 crore from contributions through electoral bonds.
In all, there are 48 regional parties which were considered for analysis. Of these, 20 had submitted their audit reports on time, while 17 delayed their submission by several days, ranging from 1 day to 110 days. Audit reports of 11 regional parties for FY 2017-18 are unavailable on the website of the ECI.

Incarceration of Prof Saibaba 'revives' the question: What is crime, who is criminal?

By Kunal Pant* In 2016, a Supreme Court Judge asked the state of Maharashtra, “Do you want to extract a pound of flesh?” The statement was directed against the state for contesting the bail plea of Delhi University Professor GN Saibaba. Saibaba was arrested in 2014, a justification for which was to prevent him from committing what the police called “anti-national activities.”

Modi’s Israel visit strengthened Pakistan’s hand in US–Iran truce: Ex-Indian diplomat

By Jag Jivan M. K. Bhadrakumar , a career diplomat with three decades of service in postings across the former Soviet Union, Pakistan, Iran, Afghanistan, South Korea, Sri Lanka, Germany, and Turkey, has warned that the current truce in the US–Iran war is “fragile and ridden with contradictions.” Writing in his blog India Punchline , Bhadrakumar argues that while Pakistan has emerged as a surprising broker of dialogue, the durability of the ceasefire remains uncertain.

Manufacturing, services: India's low-skill, middle-skill labour remains underemployed

By Francis Kuriakose* The Indian economy was in a state of deceleration well before Covid-19 made its impact in early 2020. This can be inferred from the declining trends of four important macroeconomic variables that indicate the health of the economy in the last quarter of 2019.

Search This Blog