Assets of 60 Uttarakahnd MLAs double in five years

Image
IANS New Delhi
Last Updated : Feb 08 2017 | 6:03 PM IST

Average assets of 60 MLAs contesting the 2017 Uttarakhand polls has nearly doubled in the last five years, registering a jump of over Rs 1.75 crore.

According to a report by election watchdog Association for Democratic Reforms (ADR), average assets of the 60 MLAs jumped to Rs 3.62 crore in 2017 from Rs 1.85 crore in 2012, an increase of 96 per cent.

Jaspur MLA Shailendra Mohan Singhal, who joined the BJP from the Congress, saw his assets grow at a massive rate of 1,015 per cent, to reach in excess of Rs 35 crore from Rs 3.19 crore he had declared in 2012.

The average assets of 29 recontesting MLAs from the BJP went up to Rs 4.42 crore from Rs 2.39 crore in 2012, a rise of 85 per cent, while the 28 Congress MLAs have seen their assets grow by 105 per cent to reach Rs 2.81 crore from Rs 1.37 crore in 2012.

However, five of the recontesting MLAs -- four from the Bharatiya Janata Party and one from the Congress -- saw negative growth of their assets.

--IANS

and/nir/mr

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2017 | 5:54 PM IST

Next Story