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.