Congress facing fund crunch, gone bankrupt?

New Delhi, Sept 30: If reports are to be believed then the Indian National Congress is facing financial problems as it is going through its worst phase.

The grand old party has not been able to garner votes in the past and it is now also facing the problem of fund crunch.

Congress facing fund crunch, gone bankrupt?
According to a Zeenews report, "Party treasurer Motilal Vora has reportedly asked all Congress MPs of Lok Sabha and Rajya Sabha to donate their one-month salary.

Sources say that the Delhi state unit had a meeting yesterday, in which former lawmakers were asked to deposit Rs 1 lakh each for party fund by the first week of October. Senior leader PC Chacko and Delhi Congress chief Ajay Maken will meet former lawmakers of the state and Parliament individually tomorrow to discuss the issue, after receiving Vora's letter."

Whereas according to a ANI report, "The Congress Party on Wednesday accepted that it was experiencing financial problems and is short of funds due to its activities being on the rise."

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"We do not keep a big fund. When there is a programme on an election, we collect funds from our members and our well-wishers also, that is a continuous process. Of course, it is a fact that we are very very short of funds because our activities are being increased. The party is facing a lot of financial problems, that is a fact,"Congress leader P C Chacko told ANI.

"Party leaders are contributing a portion of their salaries. Contributing to the party is not something new. I think, in all political parties in India, they are getting a share of the members' salary and remuneration," he further added.

Congress leader Manish Tewari also said that it is normal that MPs and the MLAs contribute a part of their salary and added there is nothing new in it.

OneIndia News

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