Nitish’s ‘unique’ money management: JD-U earns Rs 6 cr, spends Rs 23 cr!

Nitish’s ‘unique’ money management: JD-U earns Rs 6 cr, spends Rs 23 cr!

PATNA: The ruling BJP at the Centre had the highest income of Rs 570.86 crores in the last financial year (20015-16), according to a latest report of the Association for Democratic Reforms (ADR) and Bihar Election Watch (BEW). The report was released on Friday.

As per the report, around 94 percent of the BJP’s income came from voluntary contributions although it didn’t give the mode of its payments.

The report added the Congress with Rs 261.56 crores stood at second in matter of income while the CPIM remained at the third slot with a total income of Rs 107.48 crores.

The ruling JD-U led by chief minister Nitish Kumar reported income of Rs 6.58 crore but very interestingly it showed an expenditure of Rs 23.46 crore—around four times of its total income!

The JD-U has claimed all donations came to it in forms of cheque or Demand Drafts but its Bihar ally, the BJP, has submitted incomplete mode of payment details, as per the report.

The RJD led by Lalu Prasad and RLSP headed by Upendra Kushwaha, however, have not submitted details of income and expenditures.

TOTAL INCOME AND EXPENSE DECLARED BY PARTIES IN 2015-16

Political parties Income Expenditures
BJP Rs 570.86 cr Rs 438.08 cr
Congress Rs 261.56 cr Rs 193.26 cr
CPIM Rs 107.48 cr Rs 84.82 cr
BSP Rs 47.385 cr Rs 11.9 cr
NCP Rs 9.137 cr Rs 10.84 cr
CPI Rs 2.176 cr Rs 1.48 cr
JD-U Rs 6.58 cr Rs 23.46 cr
LJP Rs 2.41 cr Rs 1.068 cr
RJD Not submitted Not submitted
RLSP Not submitted Not submitted

Source: Hindustan Times

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