Source: 
Financial Express
https://www.financialexpress.com/india-news/lok-sabha-elections-richest-candidate-contesting-in-fourth-phase-has-assets-worth-rs-5700-cr-one-with-lowest-assets-has/3477171/
Author: 
India News Desk
Date: 
15.05.2024
City: 

Dr. Chandra Sekhar Pemmasani of the Telugu Desam Party stands out as the richest candidate with assets exceeding Rs. 5,700 crore.

In the fourth phase of the Lok Sabha polls, over 20 per cent of candidates have declared criminal cases against themselves, according to a report by the Association for Democratic Reforms (ADR). Out of the 1,710 candidates contesting, 360 have criminal cases, with 17 of them convicted. Among these cases, 11 are related to murder, 30 to attempted murder, and 50 to crimes against women, including 5 cases of rape.

The ADR and The National Election Watch analysed the self-sworn affidavits of 1710 out of 1717 candidates, who are contesting in the fourth phase of elections on May 13.

LS election fourth phase: Candidates with high and low assets:

Dr. Chandra Sekhar Pemmasani of the Telugu Desam Party stands out as the richest candidate with assets exceeding Rs. 5,700 crore.

He is followed by Konda Vishwehwar Reddy of the BJP from Telangana with assets worth 4,568 crore, and Prabhakar Reddy Vemireddy of the TDP with assets worth Rs 716 crore, the report showed.

The three are contesting from Guntur, Chevella and Nellore constituencies respectively.

A total of 476 candidates are “crorepatis” with assets exceeding Rs. 1 crore, while 24 candidates declared zero assets, the ADR report revealed.

Among the candidates with the lowest assets are: Katta Anand Babu fighting from Bapatla (SC) constituency with declared assets of Rs 7, Santosh Ubale, contesting from Maval in Maharashtra who has declared assets worth Rs 83, and Bhor Vikas Rohidas with declared assets of Rs 90.

Candidates educational qualifications in fourth phase

Out of the total 1,710 candidates analyzed, 644 candidates, constituting 38 per cent of the pool, have declared educational qualifications ranging from 5th to 12th standard, while 55 per cent of the candidates, a total of 944 candidates, hold graduate degrees or higher. A total of 66 candidates are Diploma holders. 30 candidates have declared themselves to be just literate and 26 candidates are Illiterates.

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