Hyderabad: The Aam Aadmi Party, which is tussling against the BJP in the upcoming Delhi elections 2020, has received a whopping Rs 19.17 Crore as ‘donations’.
In total, the state-recognized party’s coffers were rapidly filled with Rs 19.31 Crore in the financial year ending March 30th 2019 against the Rs 10.61 crore received in 2018.
According to the audit report submitted to the election commission of India, Arvind Kejriwal led party received the highest income through donations, that is Rs 19.17 Crore against the Rs 10.61 Crore in 2019. The second highest was from interest income; Rs 13 lakh.
After incurring an expenditure of Rs 16.11 Crore in the same year, the party is a surplus of funds by Rs 3.19 Crore. However, the amount is a pittance when compared to its key opposition: BJP
Prime Minister Narendra Modi-led Bharatiya Janata Party had a jaw-dropping income of Rs 2,410.08 crore, in the financial year ending March 31, 2019. The influx of income was an increase of 57% against the Rs 1,027 crore it had reported in 2017-2018.
The figures are part of an audit report submitted by the BJP to the Election Commission of India on January 9. The saffron party’s income is categorised into fee and subscription, voluntary contributions, interest from banks and others.
At Rs 2,354.02 crore, voluntary contribution formed the bulk of the income of the lotus party. It was a sharp rise from Rs 989.7 crore in 2017-2018. This single category recorded an increase of 138% and bloated the reserves.
While the majority of avenues witnessed an influx of revenue, 'Fee & Subscription' dropped from Rs 5.58 crore in 2017-18 to Rs 1.89 crore in the following year.