New Delhi, Mar 1: Eight recognised national parties have declared a total income of Rs 3289.34 crore collected from all over India in the financial year 2021-22, with the BJP accounting for more than half of it, according to a prominent NGO working for electoral reforms.
The Trinamool Congress declared the second highest income of Rs 545.745 crore, which forms 16.59 per cent of the total income of the eight national parties, the Association for Democratic Reforms said on Wednesday, citing documents shared by parties with the Election Commission.
The BJP declared a total income of Rs 1917.12 crore during 2021-22 and spent Rs 854.467 crore or 44.57 per cent of it. The Congress' total income was Rs 541.275 crore, while it spent Rs 400.414 crore or 73.98 per cent of its income.
The eight parties given national status by the Election Commission include Bharatiya Janata Party (BJP), Indian National Congress (INC), Bahujan Samaj Party (BSP), Nationalist Congress Party (NCP), Communist Party of India (CPI), Communist Party of India (Marxist) (CPI-M), All India Trinamool Congress (AITC) and National People's Party (NPEP).
The TMC spent Rs 268.337 crore which was 49.17 per cent of its total income, the ADR said.
Four out of the eight national parties - BJP, TMC, Congress and NCP - collected 55.09 per cent or Rs 1811.9425 crore of their total income from donations through electoral bonds for FY 2021-22.
The BJP received donations through electoral bonds worth Rs 1033.70 crore, TMC Rs 528.143 crore, Congress Rs 236.0995 crore and NCP Rs 14 crore.
According to the data shared by SBI in response to ADR'sI application, electoral bonds worth Rs 2673.0525 crore were redeemed by parties in FY 2021-22 of which 67.79 per cent of this has been redeemed by national parties.
"Given the anonymity provided to donors by the scheme, it is seen that electoral bonds emerged as the most popular mode of donations to national political parties for FY 2020-21 as well," the ADR said.
Between FY 2020-21 and 2021-22, the income of BJP increased by 154.82 per cent or Rs 1164.783 crore from Rs 752.337 crore in FY 2020-21 to Rs 1917.12 crore in 2021-22.
The income of TMC increased by 633.36 per cent (Rs 471.328 crore) from Rs 74.417 crore during FY 2020-21 to Rs 545.745 crore during FY 2021-22.
The Congress' income increased by 89.41 per cent or Rs 255.51 crore from Rs 285.765 crore during FY 2020-21 to Rs 541.275 crore during FY 2021-22, it said.
National parties that received the highest income from donations or contributions include BJP - Rs 1775.43 crore, TMC - Rs 582.523 crore, Congress Rs 347.996 crore, NCP Rs 71.956 crore, CPI(M) Rs 65.878 crore, and NPEP Rs 43 lakh.
The due date for submission of annual audited accounts for the parties to the EC was October 31, 2022.
"Only BSP and NPEP submitted their audit reports on time while NCP, AITC, CPI(M), CPI, BJP, INC and submitted after a delay of 2 days, 2 days, 3 days, 21 days, 53 days and 55 days respectively," it said.
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New Delh (PTI) The Congress on Saturday said it is perhaps not very surprising that India is not part of a US-led strategic initiative to build a secure silicon supply chain, given the "sharp downturn" in the Trump-Modi ties, and asserted that it would have been to "our advantage if we had been part of this group".
Congress general secretary in charge of communications Jairam Ramesh took a swipe at Prime Minister Narendra Modi, saying the news of India not being part of the group comes after the PM had enthusiastically posted on social media about a telephone call with his "once-upon-a-time good friend and a recipient of many hugs in Ahmedabad, Houston, and Washington DC".
In a lengthy post on X, Ramesh said, "According to some news reports, the US has excluded India from a nine-nation initiative it has launched to reduce Chinese control on high-tech supply chains. The agreement is called Pax Silica, clearly as a counter to Pax Sinica. The nations included (for the moment at least) are the US, Japan, the Republic of Korea, Singapore, the Netherlands, the United Kingdom, Israel, the United Arab Emirates, and Australia."
"Given the sharp downturn in the Trump-Modi ties since May 10th, 2025, it is perhaps not very surprising that India has not been included. Undoubtedly, it would have been to our advantage if we had been part of this group."
"This news comes a day after the PM had enthusiastically posted on his telephone call with his once-upon-a-time good friend and a recipient of many hugs in Ahmedabad, Houston, and Washington DC," the Congress leader asserted.
The new US-led strategic initiative, rooted in deep cooperation with trusted allies, has been launched to build a secure and innovation-driven silicon supply chain.
According to the US State Department, the initiative called 'Pax Silica' aims to reduce coercive dependencies, protect the materials and capabilities foundational to artificial intelligence (AI), and ensure aligned nations can develop and deploy transformative technologies at scale.
The initiative includes Japan, South Korea, Singapore, the Netherlands, the United Kingdom, Israel, the United Arab Emirates, and Australia. With the exception of India, all other QUAD countries -- Japan, Australia and the US -- are part of the new initiative.
New Delhi will host the India-AI Impact Summit 2026 on February 19-20, focusing on the principles of 'People, Planet, and Progress'. The summit, announced by Prime Minister Narendra Modi at the France AI Action Summit, will be the first-ever global AI summit hosted in the Global South.
Prime Minister Modi and US President Trump on Thursday discussed ways to sustain momentum in the bilateral economic partnership in a phone conversation amid signs of the two sides inching closer to firming up a much-awaited trade deal.
The phone call between the two leaders came on a day Indian and American negotiators concluded two-day talks on the proposed bilateral trade agreement that is expected to provide relief to India from the Trump administration's whopping 50 per cent tariffs on Indian goods.
In a social media post, Modi had described the conversation as "warm and engaging".
"We reviewed the progress in our bilateral relations and discussed regional and international developments. India and the US will continue to work together for global peace, stability and prosperity," Modi had said without making any reference to trade ties.
