Of the 50 odd recognized state parties, only 22 have submitted annual audit reports as on date for the year 2018-19. BJD, YSRCP, TRS & JD(S) reported a significant increase in their income in 2018-19, mainly through electoral bonds. Inan earlier story, we looked at the status of submission of ‘AnnualAudit Reports’ by recognized national parties and have analysed the reportsthat were submitted so far for 2018-19. Asis the case with recognized national parties, even the recognized state partiesare required to submit their Annual Audit reports along with Contributions Report and Expenditurereports. Only 22 recognized state parties have submitted the Annual Audit Reports. Asper Election Commission of India (ECI), there are currently 53 recognized stateparties. Out of these only 22 parties have submitted their Annual Audit report asof 25 November 2019. Among these 22 political parties, 11 parties havesubmitted the audit reports prior to the cut-off date of i.e. 31 October. TheseParties include: AIADMK,AJSU, INLD, JD(U), JMM, JVM(P), MNS, PDA, RLD,SAD & SDF Theother 11 recognized state parties which have submitted their annual auditreport for 2018-19, but not prior to 31 October cut-off are : AAP, BJD, DMDK, JD(S), SP, PMK, TRS & YSRC, MGP, NPF & NDPP. 26 recognised State political parties have submitted the Contribution reports while 27 parties have submitted Expenditure reports. Apartfrom the annual audit reports, the recognised state political parties are alsorequired to submit contribution report which provides the details of thecontributions received and also expenditure report which details theexpenditure by the political parties during general elections. Thecut-off date to submit the contribution reports is 30th September for recognized state parties as well. However, as ondate only 26 state parties have submitted the contribution reports. Of these, only 6 politicalparties have submitted prior to the cut-off date. These include : AIADMK, AIUDF, INLD, MNS, SAD,& TDP. Furthermore,political parties are required to submit Expenditure report with 75 days ofcompletion of assembly general elections and 90 days after completion of Lok Sabha general elections. While only 27 of the53 recognized state parties have submitted their expenditure reports, only 8 political parties have submitted the reports bythe cut-off date. Ofall the recognised State parties , only All India Anna Dravida MunnetraKazhagam (AIADMK) and Shiromani Akali Dal (SAD), have submitted all the threereports within the cut-off dates. Significant increase in the income of TRS and YSRCP in 2018-19, the election year Ofthe 22 recognised state political parties which have submitted their Auditreports, 6 political parties belong to the southern states of India. Of these AIADMK, DMDK & PMK belong toTamil Nadu while JD(S) has major presence in Karnataka. TRS and YSRCP belong to the two Teluguspeaking states of Telangana and Andhra Pradesh respectively. Asper the annual audit reports submitted by these political parties, we can seethat income of TRS and YSRCP had a significant increase in 2018-19 compared to2017-18. This could be because both the Assembly & Lok Sabha general electionswere held in these two states during this year. The assembly general elections inTelangana took place towards the end of 2018 while in Andhra Pradesh, they wereheld in April 2019. Allthese 6 political parties reported an increase in their income. As we stated inthe previous story about the national parties, this could be due to the generalelections. In2017-18, the income of TRS was ₹ 27.3 crores which increased by nearly 7 times to ₹ 188.7 crores in 2018-19. Similarly, the revenue of YSRCP for the year2017-18 was ₹14.2 crores, which has increased significantly in 2018-19 to ₹ 181.1 crores. JD(S)which contested the Karnataka assembly general elections in April 2018 showed arevenue of ₹38 crores in 2018-19, while it was ₹ 15.4 crores the previous year. AIADMK also doubled upits revenue to ₹28.1 crores in 2018-19 from ₹12.7 crores in 2017-18. Electoral Bonds are the major income source in 2018-19 for TRS, YSRCP & JD(S) TRSreceived ₹182.7 crores i.e. nearly 97% of its income is 2018-19 from ‘Voluntary Donationsand Contributions’. As per the contribution report submitted by TRS, ₹ 24.8 crores were received through contributions ofover ₹20,000. Another ₹16.5 crores were received through ‘Electoral Trusts’. However, a significantportion of donations/contributions received by TRS is through electoral bondswhich amounted to ₹141.5 crores in 2018-19. Asper the contribution report submitted by YSRCP, approximately ₹ 53.5 crores were received through donations amountingto more than ₹20,000 and ₹27 crores were received from a single electoral trust i.e.