The Rashtra Samithi is the second richest regional party in the country after Akhilesh Yadavs Samajwadi Party (SP) with assets of Rs 301 crore.N ChandrababuNaidus Telugu Desam Party in Andhra Pradesh is the fourth richest among the regional outfits with Rs 188 crore assets, trailing Tamil Nadu-based AIADMK which has assets of Rs 267 crore.
Among the 44 Regional Parties, assets of the top 10 parties, including TRS, TDP and YSRC, total Rs 2,028 crore, which is equivalent to 95 per cent of the total assets declared by all the regional parties for the financial year 2019-20. The SP leads the charts with Rs 563 crore assets.
The total assets declared by the seven national and 44 regional parties during the financial year amounted to Rs 6,988 crore and Rs 2,129 crore respectively, according to the ADR report.