Political parties earned a whopping Rs4,662 crore in seven years!
Sucheta Dalal 10 Sep 2012

 

According to a study, over the past seven years, while Congress earned Rs2,008 mostly from 'selling coupons', major part of BJP's Rs994 crore income came through donations from corporates and trusts owned by major companies


MDT/PTI


New Delhi: Political parties in India have 'earned' a whooping Rs4,662 crore through donation and other sources since 2004 with the ruling Congress at the top with an income of Rs2,008 crore followed by BJP at Rs994 crore, two non-governmental organisations (NGOs) claimed, reports PTI.

Relying on the Income-Tax (I-T) returns and list of donors submitted to the Election Commission (EC) for the period 2004-2011, Association for Democratic Reforms (ADR) and National Election Watch (NEW) released a report on the income of 23 major parties.

They said the income of parties showed a steady growth since 2004. Congress' earnings went up from Rs222 crores in 2004 to Rs307 crores in 2011 as is the case with BJP.

The figures compiled by ADR and NEW show that Congress' income is Rs2,008 crores, mostly through selling of 'coupons', since it began heading a government at the Centre in 2004 till 2011 though the percentage of donations is just 14.42%.

On the contrary, 81.47% of BJP's total income of Rs994 crore in the past seven years came through donations from corporate houses and trusts owned by major firms, including London-listed Vedanta, the NGO said.

The NGOs said donations and voluntary contributions seem to be one of the major sources of income for most of the political parties and demanded more transparency in functioning of electoral trusts run by corporates and that political parties must be declared as public authorities.

"It is a black box of the political parties. Basic source of corruption in this country is political funding. By regulating political funding, we cannot end corruption, but can make a major dent," Prof Jagdee Chhokar, Founder member of ADR, told a press conference. 

Interestingly, General Electoral Trust (GET) of the Aditya Birla Group and Torrent Power Ltd has given donations to both Congress and BJP. While GET gave Rs36.4 crore as donations to Congress, it contributed Rs26 crore to the BJP's coffers, according to the report.

While national parties like Congress and BJP got donations from corporate houses and trusts, regional outfits like the DMK have received lakhs of ruppees as donation from its own partymen.

Surprisingly, the CPI(M)'s income from 2004-2011 is Rs417 crore, mostly contributions from individuals who have given less than Rs20,000 each, just behind BSP's Rs484 crore, while other major Left party, CPI, has earned only Rs6.7 crore. The SP's income, according to ADR, is Rs278 crores.

ADR and NEW said these figures were collected after a protracted battle with political parties and Income Tax Department through the Right to Information (RTI) Act.

Other major donators to Congress are Torrent Power Ltd (Rs14.15 crore), Bharti Electoral Trust of Airtel (Rs11 crore), Tata's Electoral Trust (Rs9 crore), Sterlite Industries (Rs6 crore, ITC (Rs5 crore), Adani Enterprises, Jindal Steel and Videocon Appliances.

Again, GET has been the major contribuor to BJP's income by donating Rs26 crore, followed by Torrent Power (Rs13 crore), and Public and Politial Awareness Centre, which the NGos claimed belong to Vedanta, (Rs9.5 crore).

Another interesting fact that emerged was Asianet TV holding gave Rs10 crore to BJP and Rs2.5 crore to Congress in the past seven years.

The NGOs also said 18 regional or state parties have never filed their contribution reports to the Election Commission since 2004. Prominent among them include National Conference of J&K, Trinamool Congress and INLD.

The income of other parties are NCP (Rs160 crore), AIADMK (Rs59 crore), SAD (Rs25 crore), National Conference (Rs21 crore), JD(U) (Rs26 crore), TDP (Rs53 crore), DMK (Rs40 crore), Trinamool Congress (Rs9 crore), Shiv Sena (Rs32 crore), LJP (Rs4 crore) TRS and RLD (Rs10 crore each), Forward Bloc (Rs98 lakh) and Sikkim Democratic Front (Rs92 lakh), the least among all.

While BSP has declared that it has not received any donations above Rs20,000, the CPI said its leaders AB Bardhan and D Raja contributed Rs65 lakh and Rs21 lakh, respectively by collecting donations from various sources.

The NGOs also alleged that some of the companies whose names have been cropped up in the mining scam have also contributed to the political parties.

It also alleged that FRCA rules have also been flouted by parties which received donations from foreign-listed companies.

During 2009-2011, the TRS has 99.98% of its income coming from donations followed by JD(U) and LJP.