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Indian CMs have assets worth over Rs 30 crore on an average: ADR report

Collective assets across states and union territories have crossed Rs 1,000 crore

Political fund, Political funding
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Illustration: Ajay Mohanty

Samreen Wani New Delhi

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Chief ministers in India own assets worth Rs 33.96 crore on average, with the wealth of most having risen significantly over the past five years.

The average increase in the wealth of chief ministers of 30 states and union territories for which data was available between 2018 and 2023 was 384 per cent, shows an analysis of numbers from studies by trackers Association for Democratic Reforms (ADR) and National Election Watch (NEW). The average Indian earns less than Rs two lakh a year, based on per capita net national income data from the government.

Of the 30 incumbent chief ministers