Electoral bonds account for 53% of DMK’s income: report
The Hindu
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Electoral bonds from anonymous donors accounted for 53% of the DMK’s income in 2020-2021, the financial year that preceded the April 2021 Tamil Nadu Assembly elections that the party won.
According to the party’s annual audit report for 2020-2021 that was published by the Election Commission on Thursday, the DMK had a total income of ₹149.95 crore, an increase from the previous financial year where it received ₹64.90 crore.
Out of the total income, ₹113.99 crore was from “grants, donations and contributions”, the DMK’s annual report said. Of that, ₹80 crore was received in the form of electoral bonds, an increase from ₹45.50 crore the previous year. The party also collected ₹11.74 lakh in membership fees and ₹16.54 crore in election fees. The DMK spent a total of ₹218.49 crore, of which ₹213.27 crore was characterised as election expenses, including ₹69 crore on “other propaganda expenses - through consultants” and ₹56.69 crore on print and electronic media advertisements.
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