Out of 1,710 candidates from 10 states and Union Territories, who are contesting the fourth phase of Lok Sabha elections, 476 candidates are crorepatis.
In Short
- 476 crorepati candidates are in fray in phase 4 of Lok Sabha elections
- Dr Chandra Sekhar Pemmasani of TDP is richest with assets of Rs 5,705 crore
- BJP fielded
In the fourth phase of the 2024 Lok Sabha elections on May 13, as many as 1,710 candidates from 10 states and Union Territories will be competing. Of them, 476 candidates or 28 per cent are crorepatis. On the other hand, there are 24 candidates who declared zero assets.
The average asset per candidate contesting in the fourth phase is Rs 11.72 crore. Dr Chandra Sekhar Pemmasani of the Telugu Desam Party who is contesting from Guntur in Andhra Pradesh is the richest, with more than Rs 5,705 crore in declared assets, followed by Konda Vishweshwar Reddy of the Bharatiya Janata Party with Rs 4,568 crore. Reddy is contesting from Chevella in Telangana.
According to a report published by the Association for Democratic Reforms, 65 or 93 per cent of the 70 candidates from BJP are crorepatis. For the Congress party, this number was 56 or 92 per cent. All of the candidates fielded by the Shiv Sena (UBT),the Biju Janata Dal, the Rashtriya Janata Dal, the TDP, the Bharat Rashtra Samithi, and the Shiv Sena are crorepatis.
West Bengal’s ruling All India Trinamool Congress has seven (88 per cent) crorepati candidates and 11 (58 per cent) of the Samajwadi Party’s 19 candidates declared assets worth more than Rs 1 crore.
The average asset of a Phase-4 BJP candidate is Rs 101.77 crore, while that for the Congress party is Rs 23.66 crore. The Bahujan Samaj Party, which fielded the maximum number of candidates (92), has the lowest average declared assets of Rs 1.94 crore.
In Phase-4, the BJP fielded 70 candidates. Of them, 10 have assets above Rs 50 crore. About 44.3 per cent of the party’s candidates declared assets between Rs 1 crore and Rs 10 crore. Only five candidates have assets worth less than Rs 1 crore.
Of the Congress party’s 61 candidates, seven are worth more than Rs 50 crore. About eight per cent have assets worth less than Rs 1 crore. On the other hand, eight out of the SP’s 19 candidates are worth between Rs 1 crore and Rs 10 crore. Of the 25 Yuvajana Sramika Rythu Congress Party candidates, only one candidate has assets less than Rs 1 crore. While there are six such candidates whose worth is above Rs 50 crore.
TOP 5 CROREPATI CANDIDATES
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Dr Chandra Sekhar Pemmasani: TDP candidate from Andhra Pradesh’s Guntur constituency has the highest declared assets of more than Rs 5,705.5 crore and liabilities of more than Rs 1,038 crore. He has only one criminal case against him.
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Konda Vishweshwar Reddy: The BJP candidate from Chevella is Telangana has the second highest declared assets worth Rs 4,568 crore and liabilities over Rs 13 crore. Reddy has four criminal cases against him.
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Prabhakar Reddy Vemireddy: The TDP candidate from Nellore in Andhra Pradesh declared asset worth Rs 716 crore and liabilities worth Rs 2 crore. He has six criminal cases against him.
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Amrita Roy: The BJP candidate from the Krishnanagar constituency in West Bengal declared assets worth Rs 554 crore with no liabilities. She has no criminal cases against her.
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CM Ramesh: The BJP candidate from Anakapalle in Andhra Pradesh has assets worth more than Rs 497 crore and liabilities worth Rs 101 crore. He has five criminal cases against him.