Source: 
MYDIGITALFC.COM
http://www.mydigitalfc.com/news/78-cent-new-rs-members-are-crorepatis-study-263
Author: 
Kumar Shankar Roy
Date: 
20.06.2010
City: 
Bangalore

An analysis of financial details of the winners of Rajya Sabha 2010 elections shows RELATED ARTICLES Rajya Sabha passes SBI subsidiary amendment bill that a whopping number of the winners are crorepatis which includes top business honchos. This is because, according to the study, most parties preferred nominating candidates with high assets.

Out of 54 contesting candidates, 43 (i.e. 80 per cent) were crorepatis. 38 winners, i.e the new Rajya Sabha members(out of the 49 seats for which affidavits are available, thus 78 per cent) are crorepatis, Association for Democratic Reforms (ADR) and National Election Watch (NEW) analysis of candidate affidavits show.

Barring Tamil Nadu, the affidavits of all the candidates and winners for 12 states namely Chhattisgarh, Madhya Pradesh, Karnataka, Orissa, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand and Andhra Pradesh were analysed. Thus, affidavits for 49 seats from 12 states were studied.

The average asset for the candidates declared in their affidavits was pegged at Rs 24.45 crore, by ADR-NEW study. For the winners the average asset is Rs 25.24 crore,. it added.

The highest assets have been declared by liquor baron Dr. Vijaya Mallya (IND) from Karnataka (Rs 615 crore). He is followed by Yalamanchili Satyanarayana Chowdary (TDP), chairman of the Sujana Group of Companies, from Andhra Pradesh (Rs 189.7 crore). Kanwar Deep Singh (JMM) from Jharkhand (Rs 82.6 crores), who is chairman of Alchemist Group, is 3rd on the list.

The lowest assets declared were by Anil Dave (BJP, Rs 2.7 lakh), followed by Ram Kripal Yadav (RJD, Rs 27.32 lakh) and by Shashi Bhushan Behera (BJD, Rs 29.74 lakh), ADR-NEW said.

Three candidates Dheeraj Prasad Sahu (INC, Rs 14.76 crore), Rashid Masood (SP, Rs 5.14 crore) and Shashi Bhushan Behera (BJD, Rs 29 lakh) did not declare their PAN cards in their affidavits, according to the study.

3 candidates have declared that they own no immovable assets (including property either commercial or residential). Among them are Dr Vijaya Mallya (IND, total assets Rs 615 crore), Jairam Ramesh (INC, total assets Rs 61 lakh) and Anil Dave (BJP, total assets Rs 2.7 lakh).

Association for Democratic Reforms (ADR) is a Non-Political, Non-Partisan and a Non-Governmental Organization whose PIL filed in Dec 1999 culminated in a Supreme Court order on Mar 13, 2003 requiring disclosure of criminal, financial and educational background of all contesting candidates.

National Election Watch, a coalition of more than 1200 organizations across India, is again urging political parties to act on their promise of controlling crime and money in politics. It is also asking general public to put pressure on parties to reform themselves.

Donate       

© Association for Democratic Reforms
Privacy And Terms Of Use
Donation Payment Method