BJP’s FY23 income up 23% to ₹2,361 cr; Congress distant 2nd

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BJP forms 76.7% of the total income of 6 national parties during FY23; spent ₹1,361.7 cr on election, general propaganda, administrative costs
BJP’s FY23 income up 23% to ₹2,361 cr; Congress distant 2nd
Six national parties (BJP, INC, CPI(M), AAP, BSP and NPEP) collectively declared income worth ₹3,076.9 cr in FY23. Credits: Gettyimages

Bharatiya Janata Party (BJP) has shown the highest income among the national parties in India at ₹2,360.8 crore earned via different sources during FY 2022-23, according to the latest data by think tank Alternative Dispute Resolution (ADR). This forms 76.7% of the total income of six national parties during FY23.

Congress, on the other hand, declared the second-highest income of ₹452.4 cr in FY23, which forms 14.70% of income of the 6 national parties -- BJP, Congress, CPI(M), AAP, BSP and NPEP. Their income has been compiled from the income from various sources across India, as submitted in annual audit reports to the Election Commission of India.

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Of the BJP's total declared income worth ₹2,360.8 crore in FY23, it spent only 57.68% i.e. ₹1,361.7 crore. The Congress, from its ₹452.4 crore in income FY23, spent ₹467.2 crore, exceeding its expenditure by 3.26%.

CPI(M)’s income stood at ₹141.6 crore, while the party spent ₹106.06 crore, 74.87%. AAP’s total income was ₹85.17 crore and spent ₹102.1 crore. Arvind Kejriwal-led party's expenditure for that year exceeds its total income by 19.82%.

Six national parties collectively declared a total income of ₹3,076.9 crore, collected from all over India. NPEP declared the least income of ₹7.52 crore, which forms a mere 0.25% of the income of six parties in the year.

As compared to FY 2021-22, the income of BJP increased by 23.15% or ₹443.7 crore from ₹1,917.12 crore. The income of NPEP increased 1502.12% (₹7.09 crore) from ₹47.20 lakh during FY22 and AAP's income surged 91.23% (₹40.631 crore) from ₹44.5 cr during FY22. Three parties, INC, CPI(M) and BSP, saw their income decrease by 16.42% (₹88.90 cr), 12.6% (₹20.5 cr) and 33.14% (₹14.5 cr), respectively.

The national parties declared donations or contributions as one of their 3 main sources of income. The parties that received the highest income from donations include BJP (₹2,120 crore), INC (₹268.6 crore), AAP (₹84.3 crore), CPI(M) (₹63.7 cr) and NPEP (₹7.5cr).

The collection by issuing coupons of ₹125.7 crore declared by INC forms 27.80% of its total income during FY 2022-23.

In terms of expenditure, the BJP spent most funds towards election or general propaganda at ₹1,092.1 crore, followed by expenses towards administrative costs, ₹191.4 crore.

The Congress spent ₹235.8 crore on administrative and general expenses, and ₹192.5 crore on election expenditures. AAP spent ₹58.8 cr on propaganda expenses, followed ₹36.3 crore on election expenditure.

CPI(M) and BSP have incurred the maximum spending on administrative and general expenses of ₹55.5 crore and ₹16.3 crore, respectively. NPEP spent 95.54% (₹6.6cr) on election expenditure in FY23.

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