At least 93% of Lok Sabha poll winners are crorepatis: ADR analysis
6 months, 2 weeks ago

At least 93% of Lok Sabha poll winners are crorepatis: ADR analysis

The Hindu  

A staggering 93% of the candidates who won the 2024 Lok Sabha elections are crorepatis, up from 88% in 2019, according to an analysis by poll rights body Association of Democratic Reforms. The top three wealthiest candidates are TDP's Chandra Sekhar Pemmasani from Andhra Pradesh's Guntur constituency with assets worth ₹5,705 crore, BJP's Konda Vishweshwar Reddy from Telangana's Chevella with total assets amounting to ₹4,568 crore and BJP's Naveen Jindal from Haryana's Kurukshetra with assets worth ₹1,241 crore. According to the analysis, 227 of the BJP's 240 winning candidates, 92 of the Congress' 99, 21 of the DMK's 22, 27 of the TMC's 29 and 34 of the Samajwadi Party's 37 candidates have declared assets worth more than ₹1 crore. It found that the probability of a crorepati candidate clinching victory in the 2024 Lok Sabha elections stood at 19.6%, compared to a meagre 0.7% for candidates with assets less than a crore. DMK's S. Jagathratchakan from Tamil Nadu's Arakkonam has liabilities worth ₹649 crore and TDP's Prabhakar Reddy Vemireddy from Andhra Pradesh's Nellore has liabilities worth ₹197 crore.

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