India's Wealthiest Political Parties

By siliconindia | Tuesday, 11 September 2012, 11:56 Hrs

Bahujan Samaj Party:

Bahujan Samaj Party is the third wealthiest political party. BSP’s earning was noted to be Rs 484.28 crore.

BSP is a centrist national political party. It was formed to mainly represent Bahujans, referring to people from the Scheduled Castes, Scheduled Tribes and Other Backward Castes (OBC) as well as minorities. The BSP was succeeded by Mayawati in 2003. In the 15th Lok Sabha the party has 21 members, making it the fourth-largest party. The BSP has its main base in Uttar Pradesh.

Communist Party of India (Marxist):

Fourth on the list is Communist Party of India (Marxist). It has total earnings of Rs 417.26 crore.

CPM is a left-wing Marxist political party. It has a strong presence in West Bengal, Kerala, and Tripura. CPI(M) is leading the state government in Tripura as of 2011. They claimed to have 1,042,287 members in 2009. The party has always upheld the principles of Marxist philosophy.