ADR report : TDP and TRS parties in Debt

trs-tdpAccording to the report on assets and liabilities of regional parties of the Association of Democratic Reforms (ADR), Samajwadi Party’s total assets worth Rs. 634.96 crore. Tamil Nadu’s DMK with assets worth Rs 257.18 crore and AIADMK are next to Rs 224.84 crore are in top three positions among regional parties during FY 2015-16.

The Average total assets declared by 20 Regional Parties in 2011-12 was Rs 24.11cr- increased to Rs 65.77cr in 2015-16. SP, AIADMK, AIFB, SHS- only major Regional Parties to show a steady increase in their annual declared assets.

In 2011-12, the declared asset of SP was Rs 212.86 cr which increased by 198% to Rs 634.96 cr during FY 2015-16.Total assets of AIADMK between FY 2011-12 & 2015-16 increased by 155% while that of SHS increased by 92%

Highest liabilities during FY 2015-16 was declared by TRS (Rs 15.97 cr) but the party had declared NIL liabilities during FY 2011-12. Second highest liabilities was declared by TDP with Rs 8.186 cr.

Interesting- Between FY 2013-14 and 2014-15, liabilities of Shivsena reduced by 99.78% (Rs 22.21 cr) while that of Naidu’s TDP increased by 259% (Rs 5.906 cr) between FY 2014-15 and 2015-16.

TDP declared total capital fund of Rs 11.538 cr during FY- 2011-12, increased to Rs 46.09 cr during FY- 2015-16- by 299%.

YSR Congress was registered in March, 2011 and AAP was registered in November, 2012. The average assets declared by the these two parties during FY 2012-13 was Rs 1.165 cr- which increased to Rs 3.765 cr during FY- 2015-16.