The latest report from the Association for Democratic Reforms (ADR) reveals that the Bharatiya Janata Party (BJP) has become the richest political party in India for the financial year 2023-24, with an astonishing income of ₹4,340.47 crore. The Indian National Congress (INC) ranks second with an income of ₹1,225.11 crore. Other national parties, such as the Communist Party of India (Marxist) [CPI(M)], Aam Aadmi Party (AAP), Bahujan Samaj Party (BSP), and National People’s Party (NPEP), have also revealed their financial details.
The ADR report provides acomprehensive analysis of the income and expenditureof national parties, highlighting the growing financial influence of political organizations in India.
BJP Tops the List with ₹4,340.47 Crore Income
As per the ADR report, theBJP’s total income for FY 2023-24stood at₹4,340.47 crore, accounting for74.56% of the total incomeof all six national parties combined. However, the ruling party spent only50.96% of its earnings, which amounts to₹2,211.69 crore, leaving it with a significant surplus.
TheCongress, which ranked second, declared an income of₹1,225.11 crore. Unlike the BJP, the INC spent₹1,025.24 crore, which is83.69% of its total income, indicating a higher expenditure-to-income ratio compared to the ruling party.
