BJP richest political party with Rs 10.03 billion income in FY17: ADR

The ADR said the total income of the seven national parties has increased by 51 per cent, or nearly Rs 5.26 billion, between 2015-16 to 2016-17

The Bharatiya Janata Party (BJP) is by far the richest political party in India, the Association for Democratic Reforms (ADR) said on Tuesday.

The ADR analysed the audited accounts of the BJP, and six other national parties, including the Congress, for 2016-17.

The BJP submitted its annual audited accounts to the Election Commission 99 days late, on February 8, 2018, instead of by October 30, 2017. The Congress submitted its 138 days late, on March 19.

The seven national parties declared a total income of Rs 15.59 billion. The total expenditure of the seven national parties was Rs 12.28 billion.