An overwhelming majority of the 63 candidates (87 per cent) in the fray for the coming Rajya Sabha elections are crorepatis with an average worth of Rs 122 crore, an analysis of the candidates self-sworn affidavits has revealed.
Although 55 out of the 63 candidates are crorepatis (with assets over Rs. 1 crore), the average worth has spiked thanks to a few very high worth candidates, according to the analysis by the Association for Democratic Reforms (ADR).
The richest candidate -- and most likely to-be parliamentarian -- is Mahendra Prasad of Janata Dal United (JD-U) with total assets worth a whopping Rs 4,078 crore. Prasad is distantly followed by actress Jaya Bachchan of Samajwadi Party who declared total assets worth Rs 1,001 crore.
B.M. Farooq of Janata Dal-Secular (worth Rs 766 crore), Abishek Manu Singhvi of the Congress (worth Rs 649 crore) and C.M. Ramesh of Telugu Desam Party (worth Rs 258 crore) are the other richest candidates in the fray, the analysis revealed.
In contrast, Achyutananda Samananta of Biju Janata Dal is the poorest candidate with total assets worth Rs 4 lakh only. The second lowest worth candidate is Samir Oraon of Bharatiya Janata Party with Rs 18 lakh worth of total assets.
Among the major parties, 26 out of 29 (90 per cent) candidates from BJP, 10 out of 11 (91 per cent) candidates from Congress, three out of four (75 per cent) candidates from Trinamool Congress, three out of three (100 per cent) candidates from Telangana Rashtra Samiti, two out of two (100 per cent) candidates from JD-U and one candidate (100 per cent) from Samajwadi Party have declared assets worth more than Rs 1 crore.
Partywise, the average net worth of each candidate of the 29 candidates of the BJP is Rs 16 crore while that of the 11 candidates of the Congress is Rs 66 crore.
The four Trinamool candidates have the lowest average worth of Rs 1 crore, matched by the sole candidate of the Communist Party of India-Marxist.
Eight out of 63 candidate shave serious criminal charges against them such as kidnapping, attempt to murder and robbery etc, the report said.
--IANS
mak/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
