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The BJP declared assets of Rs 4,847.78 crore in the financial year 2019-20, the largest among all political parties, followed by the BSP at Rs 698.33 crore and the Congress at Rs 588.16 crore, according to vote reform advocacy group ADR.

According to reports, the Association for Democratic Reforms based its research on a review of national and regional parties’ assets and liabilities in 2019-20.

The total assets declared by the seven national and 44 regional parties during the financial year totaled Rs 6,988.57 crore and Rs 2,129.38 crore, respectively, according to the research.

According to the ADR report, the BJP declared the most assets (Rs 4847.78 crore or 69.37%) among the seven national parties, followed by the BSP (Rs 698.33 crore or 9.99%) and the Congress (588.16 crores or 8.42%).

The assets of the top ten regional parties were Rs 2028.715 crore, or 95.27 percent of the total stated by all 44 parties combined.

The Samajwadi Party revealed the most assets among regional parties in FY 2019-20, at Rs 563.47 crore (26.46%), followed by the TRS at Rs 301.47 crore and the AIADMK at Rs 267.61 crore.

For the fiscal year 2019-20, the seven national and 44 regional parties have disclosed a total liability of Rs 134.93 crore.

ADR further stated, “In FY 2019-20, the National Political Parties recorded total liabilities of Rs 74.27 crore. National Parties declared Rs 4.26 crore in borrowings and Rs 70.01 crore in other liabilities in FY 2019-20, with Congress declaring the greatest total liabilities of Rs 49.55 crore (66.72%) and AITC declaring Rs 11.32 crore (15.24%), respectively.

According to the report, regional political parties recorded total liabilities of Rs 60.66 crore in FY 2019-20.

“Regional Parties declared Rs 30.29 crore under Borrowings and Rs 30.37 crore under Other Liabilities, and TDP disclosed the largest overall liabilities of Rs 30.342 crore (50.02 percent) in FY 2019-20, followed by DMK with Rs 8.05 crore (13.27 percent),” the analysis said.

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