National parties collected Rs 3,377 crore from unknown sources in 2019-20: ADR

National parties collected Rs 337741 crore from unknown sources in the 201920 financial year which was 7098 per cent of the total income of these parties according to poll rights group Association for Democratic Reforms ADRIn a new report the ADR said that the BJP declared Rs 264263 crore as income from unknown sources the highest among the national parties which also include Congress NCP CPI CPIM TMC and BSPDuring the financial year 201920 the BJP declared Rs 264263 crore as income from unknown sources which is 7824 per cent of the total income of national parties from unknown sources Rs 337741 crore the report saidThe Congress declared Rs 526 crore as income from unknown sources which is 1557 per cent of the total income of the national parties from unknown sources the ADR saidNational parties collected Rs 337741 crore from unknown sources in the financial year 201920 which is 7098 per cent of the total income of the parties Out of the Rs 337741 crore as income from unknown sources share of income from Electoral Bonds was Rs 2993826 crore or 88643 per cent the report saidAlso ReadMVA ministers leaders not afraid of BJPs shallow threats says NCPBetween 200405 and 201920 the national parties collected Rs 1465153 crore from unknown sources it saidAccording to the donations reports containing details of donations above Rs 20000 of the 201920 fiscal Rs 318 lakh was received in cash by the national partiesThe poll rights body also said that the combined income of the Congress and the NCP from sale of coupons between the financial years 200405 and 201920 stands at Rs 4096725 croreUnknown sources are income declared in income tax returns but without giving source of income for donations below Rs 20000 Such unknown sources include donations through Electoral Bonds sale of coupons relief fund miscellaneous income voluntary contributions contribution from meetingsmorchasThe details of donors of such as voluntary contributions are not available in the public domainThe ADR recommended that scrutiny of financial documents submitted by political parties should be conducted annually by a body approved by the Comptroller and Auditor General of India and the Election Commission of Indai to increase transparency and accountability of political parties with respect to their fundingNational and regional political parties must provide all information under the Right to Information RTI Act the ADR saidThis will only strengthen political parties elections and democracy However RTI or not political parties should voluntarily account for every rupee that they get or spendrdquo the poll rights body recommendedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever