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Thursday, August 11, 2022

5 Regional Events Declared Donations of Rs 250.60 Cr Via Electoral Bonds in 2020-21: ADR

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5 regional events have declared they acquired donations amounting to Rs 250.60 crore via electoral bonds in 2020-21, in keeping with ballot rights group Affiliation for Democratic Reforms (ADR). In keeping with ADR’s newest report, the overall revenue of 31 regional events for the 2020-21 monetary 12 months was Rs 529.416 crore, and their whole declared expenditure was Rs 414.028 crore.

The 5 events that incurred the very best expenditures that 12 months are the DMK (Rs 218.49 crore), TDP (Rs 54.769 crore), AIADMK (Rs 42.37 crore), JDU (Rs 24.35 crore) and the TRS (Rs 22.35 crore), it stated. The entire revenue of the highest 5 events amounted to Rs 434.255 crore, which was 82.03 per cent of the overall revenue of the political events analysed, collectively, the report stated.

Beneath voluntary contributions, the political events collected Rs 250.60 crore or 47.34 per cent of their revenue from donations via electoral bonds, whereas different donations and contributions amounted to Rs 126.265 crore or 23.85 per cent for FY 2020-21, it stated. Solely 5 out of the 31 regional events that have been analysed declared donations via electoral bonds. Of the overall revenue of the 31 regional events throughout FY 2020-21, Rs 84.64 crore or 15.99 per cent was curiosity revenue, the report stated.

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The entire revenue of 29 out of the 31 events decreased from Rs 800.26 crore in FY 2019-20 to Rs 520.492 crore in FY 2020-21, a fall of 34.96 per cent, it stated. The ADR stated there are 17 regional events who’ve declared part of their revenue as remaining unspent for FY 2020-21.

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Among the many nationwide events, the audit report of the BJP for FY 2020-21 was unavailable on the ECI web site on the time of preparation of this report, it added.

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