BJP richest national party; Mamata’s TMC pips Congress for 2nd spot

As per the poll panel data on the annual income of the national parties, the total income of seven national parties, excluding the BJP, during 2021-22 was Rs 1,372.16, while the BJP alone earned Rs 1,917.12 crore

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By: Anand Singh
Updated: 21 January, 2023 6:26 pm IST

Even as all eight national parties are gearing up for the 2024 Lok Sabha elections, the BJP continues to be the most profitable political enterprise. It far left behind its opponent with a gross income of  Rs 1,917.12 crore during the Financial Year 2021-22. West Bengal’s All India Trinamool Congress dethroned the Congress party from the second spot by a margin of around Rs 4 crore, election commission data revealed.

As per the poll panel data on the annual income of the national parties, the total income of seven national parties, excluding the BJP, during 2021-22 was Rs 1,372.16, while the BJP alone earned Rs 1,917.12 crore.

There are eight national parties in India — BJP, Congress, TMC, Bahujan Samaj Party (BSP), Nationalist Congress Party (NCP), Communist Party of India (CPI), Communist Party of India (Marxist) CPI(M), and National People’s Party (NPP).

All the eight national parties collectively earned Rs 3,289.28 crore during 2021-22.

As per the poll panel data, Mamata Banerjee’s All India Trinamool Congress (TMC) has surpassed the Congress in terms of annual income during 2021-22 to be in the second position after the BJP.

In FY 2021-22, TMC’s annual income stood at Rs 545.74 crore, around Rs 4.5 crore more than that of the Congress which received Rs 541.27 crore.

The annual audit reports of political parties were made public by the Election Commission (EC) earlier this week on its website.

Meanwhile, BJP’s income in FY 2021-22 stood at Rs 1,917.12 crore out of which it received Rs 1,775 crore as voluntary contributions, the data showed.

Meanwhile, the fourth spot was occupied by CPI-M which earned Rs 162.24 crore followed by NCP with Rs 75.8 crore and BSP with Rs 43.77 crore earnings in FY 2021-22.

It is important to mention that TMC’s income saw a massive gain as it jumped from Rs 74 41 in FY 2020-21 to Rs 545.74 crore in FY 2021-22, a growth of over seven times.

In 2016-18, the TMC earned just Rs 5.16 crore, and then in 2018-19 it increased to Rs 192.65 crore, the data showed.

However, the income of the party dropped in the next two years.

In 2019-20, the ruling party in West Bengal got Rs 144.73 crore while the following year, the figure was just Rs 74.41 crore.

However, on the other hand, the Commission’s numbers data since 2013-14 showed that the BJP had been earning more than the Congress each year except in 2015-16.

In FY 2015-16 Congress earned Rs 593.32 crore, Rs 22 crore more than BJP, which earned Rs 570.85 crore.

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