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 a comprehensive analysis of the income and expenditure of 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, the BJP’s total income for FY 2023-24 stood at ₹4,340.47 crore, accounting for 74.56% of the total income of all six national parties combined. However, the ruling party spent only 50.96% of its earnings, which amounts to ₹2,211.69 crore, leaving it with a significant surplus.
The Congress, which ranked second, declared an income of ₹1,225.11 crore. Unlike the BJP, the INC spent ₹1,025.24 crore, which is 83.69% of its total income, indicating a higher expenditure-to-income ratio compared to the ruling party.
