ASSETS AND LIABILITIES DECLARED BY REGIONAL PARTIES
Oct. 9, 2019
A new report by the Association of Democratic Reforms (ADR) has analysed the assets and liabilities declared by regional parties in 2016-17 and 2017-18.
Key findings:
The number of regional parties who declared their holdings has increased from 39 in 2016-17 (Rs 1,267.81 crore declared) to 41 in 2017-18 (Rs 1,320.06 crore).
The Samajwadi Party holds Rs 583.29 crore, which is 46 per cent of the assets declared by all 41 parties in 2017-18.
The regional giants of Tamil Nadu account for another 15 per cent each, with the DMK holding Rs 191.64 crore and the AIADMK holding Rs 189.54 crore.
These assets were declared by the regional parties under six major heads: fixed assets, loans & advances, FDR/ deposits, TDS, investments and other assets.
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