BJP's assets rise by 22% in FY18, Congress reports 15% decline, says ADR

The assets include fixed assets, loans and advances, deposits made, investments, etc. Liabilities include bank borrowings, sundry creditors, overdrafts, other liabilities

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Current affairs: The Bharatiya Janata Party’s (BJP’s) assets rose over 22 per cent in the financial year 2017-18 (FY18), compared to FY17, according to a report by the Association of Democratic Reforms (ADR), an independent election watchdog.

The ADR has analysed the assets and liabilities declared by the seven national parties — the BJP, the Congress, the Nationalist Congress Party (NCP), the Bahujan Samaj Party (BSP), the Communist Party of India (CPI), the CPI (Marxist) and the Trinamool Congress (TMC).

The assets include fixed assets, loans and advances, deposits made, investments, etc. Liabilities include bank borrowings, sundry creditors, overdrafts...read more

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