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NEW DELHI: Going through an enormous fund crunch, the Congress is taking a look on the Left’s Kerala style of price range assortment the place the vast majority of the birthday party’s price range are amassed from the hundreds thru door-to-door mass touch investment drives and slips are issued to donors in go back.
The CPI (M) fund technology style in Kerala was once additionally mentioned on the just lately held ‘Chintan Shivir’ in Udaipur and “a paragraph in regards to the machine” may be a part of the detailed reviews of the running teams. The style was once advised through former Kerala Congress leader Ramesh Chennithala. There was once an in depth dialogue on useful resource technology for the birthday party within the run-up to the 2024 Lok Sabha election.
“It’s being thought to be severely. There are some problems, comparable to how it may be applied and price range control and transparency. It’s being thought to be and can be mentioned on the Process Power 2024 conferences,” mentioned a birthday party supply.
Consistent with an audit file submitted to the Election Fee, the source of revenue of the Indian Nationwide Congress (INC) declined through over 58 in step with cent within the monetary 12 months 2020-21, down from Rs 682.2 crore within the earlier fiscal to Rs 285.7 crore. The Congress’ source of revenue stood at Rs 918 crore in FY 2018-19.
The fund crunch is pinching the birthday party maximum, particularly after the loss of life of birthday party treasurer Ahmed Patel, who used to take care of birthday party investment thru his company and different contacts. Senior birthday party chief and Madhya Pradesh Congress leader Kamal Nath has been additionally dealing with the fund technology however profits have nosedived within the Modi regime.
The CPI(M) Kerala unit has been contributing most price range to the birthday party coffers and there’s a shaggy dog story in birthday party circles that the central birthday party survives on price range from Kerala. The overall rule for the birthday party is that 70 in step with cent of investment will have to be from door to door mass touch investment power.
Referred to as ‘bucket assortment ‘, critics have puzzled the credibility of such fund-raising or even the birthday party itself has referred to as for right kind repairs of price range. In 2013, the Kerala devices of CPI(M) amassed Rs 8 crore in simply two days for organising the Harkishan Singh Surjeet Bhawan and the EMS Analysis Centre. Of the Rs 8 crore, most effective Rs 3 crore was once direct contribution from birthday party contributors and the remaining was once thru bucket assortment.
