Average increase of 43% in assets of 324 MPs recontesting LS polls: ADR analysis of last 5 years
increase of 43 per cent over the last five years in the assets of 324 MPs who have entered the poll fray again in this Lok Sabha elections, according to an analysis by a poll rights body. The average assets of these MPs in 2019 was around Rs 21.55 crore while in the current electoral cycle, the average asset value has increased «significantly» to Rs 30.88 crore, marking an increase of Rs 9.33 crore over the past five years, the Association for Democratic Reforms (ADR) said in a report.
It analysed the financial growth among Members of Parliament (MPs) recontesting in the 2024 general elections. The counting of votes for the seven-phase polls will be taken up on June 4.
The percentage growth in assets for these 324 MPs between the 2019 and 2024 polls averages at 43 per cent, the ADR said.
The report said a comparative analysis of party-wise average assets between 2019 and 2024 further elucidates this trend.
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It said among the major parties, the Bharatiya Janata Party saw a 39.18 per cent increase in the average assets
