Samajwadi Party is the Richest Regional Party in Assets While, Telangana Rashtra Samiti Tops the Liabilities List

Some of the new political parties to join the list are- YSR Congress and Aam Aadmi Party.

Politics Team Latestly|
Samajwadi Party is the Richest Regional Party in Assets While, Telangana Rashtra Samiti Tops the Liabilities List
Akhilesh Yadav. (Photo Credits: PTI)

According to a report published by a Delhi based think-tank, Association of Democratic Reforms (ADR), Akhilesh Yadav’s Samajwadi Party is the richest regional party in terms of the assets. Samajwadi Party has declared assets worth Rs 634.96 crore in the financial year 2015-16, topping the chart among 20 regional parties.

The report highlights that in the second spot, DMK is there with Rs 257.18 crore and AIADMK is the third spot with Rs 224.84 crore. Some of the new political parties to join the list are- YSR Congress and Aam Aadmi Party.

In the liabilities chart, Telangana Rashtra Samiti (TRS) and Telegu Desam Party (TDP) were the top two regional parties. In the 2015-16 period, Shiv Sena has showed a positive trend by reducing its liabilities. The report also mentions that nine regional parties have declared zero borrowings during the above mentioned financial period.

(The above story first appeared on LatestLY on Mar 09, 2018 03:55 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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