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TRS, TDP declare highest liabilities for financial year 2015-16
For the fiscal year 2011-12, the Shiva Sena had declared total liabilities of Rs 16.594 crore, followed by the DMK with Rs 9.214 crore, among the regional parties.

However, for the financial year 2015-16, two regional parties that have declared maximum liabilities are Telengana Rashtra Samithi (TRS) and Telugu Desam Party (TDP).

According to an analysis conducted by Association for Democratic Reforms (ADR), TRS, which had declared 'nil' liabilities before coming to power in 2011-12, has now declared Rs 15.97 crore in liabilities.

TRS is followed by the TDP with Rs 8.186 crore declared in liabilities. Between 2013-14 and 2014-15, liabilities of the Shiv Sena reduced by 99.78 per cent (Rs 22.21 crore) while that of the TDP increased by 259 per cent (Rs 5.906 crore) between the financial years 2014-15 and 2015-16.

The liabilities declared by regional parties fall under two major heads namely borrowings (from banks, overdraft facilities and sundry creditors) and other liabilities. Between 2011-12 and 2015-16, the regional parties declared a decrease in liabilities under the head "other liabilities" - Rs 42.47 crore (2011-12) to Rs 32.20 crore (2015-16). However, liabilities under "borrowings" showed an increase of 400 per cent or Rs 20.034 crore between 2011-12 (Rs 5.006 crore) and 2015-16 (Rs 42.47 crore).

While as many as 12 regional parties had declared nil borrowings for 2011-12, nine parties declared nil borrowings during 2015-16. The total liabilities declared by 20 regional parties (whose details are available for both 2011-12 and 2015-16) were Rs 47.475 crore during 2011-12, which increased to Rs 52.21 crore during 2015-16. The average liability per party during 2011-12 was Rs 2.37 crore, while it was Rs 2.61 crore per party during 2015-16.

Total liabilities of YSR-C and AAP for FY 2012-13 were Rs 1.86 crore (an average of Rs 93 lakh per party) and that for FY 2015-16 Rs 5.03 crore (an average of Rs 2.515 crore per party).

The assets of regional parties have almost increased by three times in four years. The average total assets declared by 20 regional parties during 2011-12 were worth Rs 24.11 crore which increased to Rs 65.77 crore during 2015-16.

The YSR Congress of Andhra Pradesh, which was registered in March 2011 and the Aam Aadmi Party (AAP) which was registered in November 2012, had declared average assets during 2012-13 at Rs 1.165 crore that increased to Rs 3.765 crore during 2015-16.

During 2011-12, the declared assets of SP were Rs 212.86 crore, which increased by 198 per cent to Rs 634.96 crore during 2015-16. SP, AIADMK, AIFB and SHS are the only major regional parties to have shown a steady increase in their annual declared assets. The total assets of AIADMK between 2011-12 and 2015-16 increased by 155 per cent, from Rs 88.21 crore to Rs 224.87 crore, while that of SHS increased from Rs 20.59 crore to Rs 39.568 crore (by 92 per cent).

During 2011-12, the regional parties declared maximum assets under FDR/ deposits which amounted to Rs 331.54 crore (68.77 pewr cent of total assets) which increased to Rs 1054.80 crore (80.19 per cent of total assets) in FY 2015-16.

It is to be noted that the only asset category to show a reduction in value was "loans and advances". During FY 2011-11, parties invested a total of Rs 19.75 crore which is currently valued at Rs 16.20 crore. The total capital/reserve fund set aside by the regional parties during 2011-12 was Rs 434.635 crore, which increased by Rs 823.535 crore (189.48 per cent) to Rs 1258.17 crore during 2015-16.

Between 2014-15 and 2015-16, the capital declared by regional parties increased by 14.66 per cent or Rs 160.90 crore. SP has the highest capital of Rs 634.913 crore during 2015-16 followed by Rs 257.18 crore of the DMK and Rs 224.84 crore of the AIADMK. TDP declared total capital fund of Rs 11.538 crore during 2011-12, which increased to Rs 46.09 crore during 2015-16, an increase of Rs 34.552 crore or 299 per cent.

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