Except BJP, Mayawati’s BSP, CPI-M, TMC Get Most of Their Funding from Fee & Subscription: Data

National parties including the Communist Party India And Mayawati’s Bahujan Samaj Party earned almost half of its income through fees and membership. Election commission. The BJP, which earned Rs 1,917.12 crore from various sources in 2021-22, did not receive even 1% of its income from fees and membership.

Fees and subscriptions is a sub-section when the parties declare their source of income during a particular year. This includes membership fees, bucket collections and membership from elected representatives. It also takes into account application fees, collections from primary members, apart from representative fees. Different parties have different norms for payment and charge different fees.

There are eight national parties in India: BJP, Congress, All India Trinamool Congress (TMC), Bahujan Samaj Party (BSP), Nationalist Congress Party (NCP), Communist Party of India (CPI), Communist Party of India (Marxist) or CPI (M) ), and the National People’s Party (NPP). Collectively, national parties earned Rs 3,289.28 crore during 2021-22, according to ECI data made public last week. The NPP is not considered in the data analysis because its income was very low compared to other parties.

Among all national parties, CPM has earned the highest Rs 210.99 crore from fees and memberships between 2017-18 and 2021-22, followed by Congress (Rs 123.49 crore) and TMC (Rs 119.58 crore), data analyzed by ECI Huh. News 18 shows up.

income of political parties

Even though the Congress earned Rs 123.49 crore from fees and donations, the share of this category in the total annual income of the party is small. In 2017-18, fees and subscriptions accounted for 13% of income – the highest in a five-year period – while the following year it was just 3% and in 2019-20, it was less than 1%.

In 2020-21, the contribution of fees and subscriptions was 7%, rising to 8.23% in 2021-22, ECI data shows. During 2017-18 and 2021-22, the Congress earned Rs 2,626.42 crore and fees and subscriptions accounted for about 5% of it.

Between 2017-18 and 2021-22, CPI’s membership fee has been one of the largest sources of income. In 2021-22, fees and subscriptions accounted for about 45% of CPI’s total income, compared to 37% in the previous year. In 2019-20, it was the second largest contributor with 32%. In 2017-18 and 2018-19, fees and subscriptions accounted for more than 27% of CPI’s total income, the second largest source of income in both years. During the five-year period, CPI earned Rs 20.27 crore, of which at least Rs 6.35 crore, or 32%, came from fees and subscriptions.

For the CPM, fees and memberships account for about 30% of the party’s total income in 2021-22. In the last two years, 2020-21 and 2019-20, the share was 25% while in 2018-19 and 2017-18 the share was 40%. Between the period 2017-22, CPM received Rs 697.7 crore, of which Rs 210.99 crore, ie 31%, came from fees and subscriptions.

For Mayawati’s BSP, bank interest income has been the biggest source of income, followed by fees and donations. In 2021-22, fees and membership account for 30% of income. In the last two years, 2020-21 and 2019-20, it was around 15%. In 2018-19 it was 45% and in 2017-18 the share was 17%. Overall, the BSP has earned Rs 66.09 crore under this category, which accounts for nearly 25% of the party’s income.

Mamata Banerjee’s TMC earned around Rs 120 crore from fees and membership between the period 2017-22, which is 13% of its total income. In 2017-18, about 75% of TMC’s Rs 5.16 crore income was from fees and membership. This share was 25% during 2018-21. ECI data shows that during 2021-22, the share was just 3%.

How is BJP getting money?

Data analyzed by News18 shows that voluntary contributions have been a major source of income for the BJP, while the share of fees and membership has not crossed 1% of total income each year between 2017-18 and 2021-22. Have pie. The saffron party earned Rs 9,729.45 crore during the five-year period and fees and membership stood at Rs 40.42 crore, or just 0.41%.

During 2021-22, the BJP earned Rs 1,917 crore – the highest share – over 92% of the income from voluntary contributions of Rs 1,775 crore. It also includes electoral bonds worth Rs 1,033 crore, which is more than 50% of BJP’s total income in 2021-22. The party collected Rs 6.31 crore, or just 0.33 per cent, from fees and subscriptions that year.

The total income of the seven national parties, excluding the BJP, was Rs 1,372.16 crore during 2021-22, while the BJP alone received Rs 1,917.12 crore.

In 2020-21, the BJP earned Rs 752.33 crore and voluntary contribution of Rs 577.97 crore was about 77% of the total income.

Going further back in 2019-20, the BJP earned Rs 3,623.28 crore and 70% of this income was from electoral bonds – Rs 2,555 crore. The party earned Rs 21.70 crore from fees and subscriptions, which is 0.60%.

In 2018-19, out of Rs 2,410.08 crore, the BJP earned just 0.08% or Rs 1.89 crore from fees and membership. In 2017-18, fees and memberships accounted for just 0.54%, or Rs 5.5 crore, of the BJP’s Rs 1,027.34 crore in income.

Every year, political parties have to declare their income, its sources and their expenditure to the ECI.

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