Press Release 8th May 2018
Dear Friends
Karnataka Election Watch (KEW) and Association for Democratic Reforms (ADR) have analyzed the affidavits of 184 re-contesting MLAs (Including Bye-Elections) in the 2018 Karnataka Assembly Elections. For the full report, please visit: https://adrindia.org/content/karnataka-assembly-elections-2018-analysis-assets-comparison-re-contesting-mlas
Summary and Highlights
· Average Assets in 2013 Elections: The average assets of these 184 re-contesting MLAs from various parties including independent MLAs in 2013 was Rs 26.92 crores (Rs 26, 92, 34,672).
· Average Assets in 2018 Elections: The average assets of these 184 re-contesting MLAs in 2018 is Rs 44.24 crores (Rs. 44, 24, 28,949).
· Average Asset change from 2013 to 2018: The average assets of these 184 re-contesting MLAs, between the Karnataka Elections of 2013 and 2018 has increased by Rs. 17.31 crores (Rs. 17,31,94,277).
· Percentage change in assets from 2013 to 2018: The average percentage increase in assets for these 184 re-contesting MLAs is 64%.
Figure: Average Assets of Re-contesting MLAs
· Recontesting MLAs with Assets Increase worth more than Rs. 100 crores
S.No. |
Name |
Party in 2018 |
Party in 2013 |
District in 2018 |
Constituency in 2018 |
Constituency in 2013 |
Assets in 2018(Rs.) |
Assets in 2013(Rs.) |
Assets Increase/ Decrease (Rs.) |
% Increase/ decrease in Assets |
Total Annual Income as per last return (Rs.) |
Source of Income (Self) |
Source of Income (Spouse) |
ITR Given |
Pan Given |
1. |
INC |
INC |
RAMANAGARAM |
KANAKAPURA |
KANAKAPURA |
8,40,01,67,045 |
2,51,50,96,329 |
5,88,50,70,716 |
234% |
1,08,93,392 |
Salary, Capital gains, Agriculture Income & Other Sources (Such as Bank Interest, Commission) |
Rent, Capital gains & Other Sources (Such as Bank Interest) |
Y |
Y |
|
2. |
INC |
INC |
BANGALORE RURAL |
HOSAKOTE |
HOSAKOTE |
10,15,80,29,352 |
4,70,13,57,248 |
5,45,66,72,104 |
116% |
1,57,04,29,210 |
Agriculture, House Property, Business & Other Sources |
House Property & Other Sources |
Y |
Y |
|
3. |
INC |
INC |
DAVANGERE |
DAVANAGERE SOUTH |
DAVANAGERE SOUTH |
1,83,22,67,262 |
67,89,78,344 |
1,15,32,88,918 |
170% |
7,95,45,608 |
Rental Income & Share of Profit from Partnership Firm |
Not Given |
Y |
Y |
|
4. |
INC |
INC |
B.B.M.P(SOUTH) |
GOVINDARAJANAGAR |
GOVINDARAJANAGAR |
10,20,53,87,250 |
9,10,98,61,857 |
1,09,55,25,393 |
12% |
88,23,305 |
Business |
Not Given |
Y |
Y |
|
5. |
INC |
INC |
UTTARA KANNADA |
HALIYAL |
HALIYAL |
2,15,15,93,731 |
1,13,93,46,065 |
1,01,22,47,666 |
89% |
3,15,77,980 |
Salary , Dividends, Investment |
Rent ,Dividends, Investment |
Y |
Y |
Table: Highest growth in Assets (Top 5)
Figure: Party Wise Average Increase in Assets of Re-contesting MLAs (Rs.in crores)
Contact
Media and Journalist Helpline
Email: a...@adrindia.org | Maj.Gen. Anil Verma (Retd) Head National Election Watch, Association for Democratic Reforms 011 4165 4200, a...@adrIndia.org, | Prof Jagdeep Chhokar IIM Ahmedabad (Retd.) Founder Member, National Election Watch, Association for Democratic Reforms
| Prof Trilochan Sastry IIM Bangalore Founder Member, National Election Watch, Association for Democratic Reforms | Mr. Harish Narasappa Karnataka State Co-ordinator
| Dr. R. Balasubramaniam Karnataka State Co-ordinator +91-94480-79611
|