At Rs 670 crore, BSP has biggest bank balance among parties -Pradeep Thakur

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published Published on Apr 15, 2019   modified Modified on Apr 15, 2019
-The Times of India

NEW DELHI: The Bahujan Samaj Party (BSP) has the biggest bank balance among all parties, according to official records. The expenditure report submitted by BSP to the Election Commission on February 25 states that it has Rs 669 crore deposited in eight accounts in branches of public sector banks in the national capital region.

The party, which scored a blank in the 2014 Lok Sabha polls, has also declared Rs 95.54 lakh as cash in hand. The expenditure report is based on details of the central kitties of parties. Samajwadi Party, occupies the second slot with Rs 471 crore in its bank accounts. The party’s cash deposits dipped modestly after the recent assembly polls in Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana, coming down by Rs 11 crore.

Political Parties
 
Congress takes third spot with Rs 196 crore in bank balance. However, this is based on the details the party submitted to the EC on November 2 last year after the conclusion of assembly polls in Karnataka. The party has not updated the details about its reserves after it won the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh.

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The Times of India, 15 April, 2019, https://timesofindia.indiatimes.com/elections/news/at-rs-670-crore-bsp-has-biggest-bank-balance-among-parties/articleshow/68880394.cms


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