Minister of State, Ministry of Home Affairs, Shri Haribhai Parathibhai Chaudhary quoted an IDSA study on Maoism, while answering a question in the Lok Sabha on the sources of funding for the extremist forces in the country.
UNSTARRED QUESTION NO 103
ANSWERED ON 21.07.2015
Funding for Extremists
ANSWER
MINISTER OF STATE IN THE MINISTRY OF HOME AFFAIRS
(SHRI HARIBHAI PARATHIBHAI CHAUDHARY)
(a) to (c): The main source of funds for the extremists forces, especially the Maoists include extortion from tendu patta contractors, infrastructure/development work contractors, businessmen, corporate houses, etc. In addition, they rob banks and public / private property to augment their finances. The Left Wing Extremists groups, particularly the CPI (Maoist), extort considerable ‘levy’ from various illegal mining mafia groups in the naxal-affected states. Though, an exact quantification of their finances is not possible, it has been assessed in a study conducted by the institute of Defence Studies and Analysis (IDSA), Delhi, that the CPI (Maoist) party has been collecting not less than Rs. 140 crores annually from a variety of sources
Source: http://164.100.47.132/LssNew/psearch/QResult16.aspx?qref=18991