Press Release: Analysis of Assets Comparison of Re-Contesting MLAs in the Goa Assembly Election 2022

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Feb 12, 2022, 4:49:25 AM2/12/22
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Press Release    
Date: February 12, 2022
Dear Friends,

Association for Democratic Reforms (ADR) and Goa Election Watch have analysed the self-sworn affidavits of 37 re-contesting MLAs in the Goa Assembly Election 2022. Out of the 37 re-contesting MLAs, assets of 35 MLAs (95%) have increased ranging from 2% to 236%. 


Summary of comparison for re-contesting MLAs


image.png

  • Average Assets in 2017 Elections: The average assets of these 37 re-contesting MLAs fielded by various parties including independents in 2017 was Rs 10.24 Crores.
  • Average Assets in 2022 Elections: The average asset of these 37 re-contesting MLAs in 2022 is Rs 16.77 Crores.
  • Average Asset growth in 5 years (2017-2022): The average asset growth for these 37 re- contesting MLAs, between the Goa Assembly Elections of 2017 and 2022 is Rs 6.53 Crores.
  • Percentage growth in 5 years (2017-2022): Average percentage growth in assets for these 37 re-contesting MLAs is 64%.
image.png
Figure: Party Wise Assets Comparison of Re-Contesting MLAs

Top 5 Re-contesting MLAs with highest asset increase (Rupees- wise)


  • Michael Vincent Lobo of INC from Calangute constituency has declared maximum increase in assets with an increase of Rs 38.31 Crores i.e from Rs 54.59 Crores in 2017 to Rs. 92.91 Crores in 2022.
  • Assets of Atanasio Monserrate of BJP from Panaji constituency has increased by Rs 26.87 Crores, from Rs 21.61 Crores in 2017 to Rs 48.48 Crores in 2022.
  • Assets of Vijai Sardesai of Goa Forward Party from Fatorda constituency have risen by Rs 22.40 Crores, from Rs 14.75 Crores in 2017 to Rs 37.16 Crores in 2022.
The following table provides the asset details of top 5 re-contesting MLAs showing highest increase in assets (Rupee wise):

S.No.

Name

Source of Income (Self)

Source of Income (Spouse)

Party in Goa 2022

Party in Goa 2017

District In Goa 2022

Constituency In Goa 2022

Constituency In Goa 2017

Assets in Goa 2022

Assets in Goa 2017

Assets Increase/decrease (Rs.)

% Increase/decrease in Assets

Total Annual Income as per last return (Rs.)

1.

Michael Vincent Lobo

Business Income

Business Income

INC

BJP

North Goa

Calangute

Calangute

92,91,01,865  
92 Crore+

54,59,81,558  
54 Crore+

38,31,20,307  
38 Crore+

70%

1,86,09,672  
1 Crore+

2.

Atanasio Monserrate

Rent Income,Interest Income Dividend Income, Allowance as MLA

Rent Income, Interest Income Dividend Income, Allowance as MLA

BJP

INC

North Goa

Panaji

Panaji : Bye Election On 19-05-2019

48,48,54,264  
48 Crore+

21,61,52,348  
21 Crore+

26,87,01,916  
26 Crore+

124%

38,70,096  
38 Lacs+

3.

Vijai Sardesai

Business

Business

Goa Forward Party

Goa Forward Party

South Goa

Fatorda

Fatorda

37,16,45,465  
37 Crore+

14,75,55,994  
14 Crore+

22,40,89,471  
22 Crore+

152%

8,95,470  
8 Lacs+

4.

Jennifer Monserrate

Rent Income, Interest Income,Dividend Income, Salaries and Allowances as MLA

Rent Income, Interest Income,Dividend Income, Salaries and Allowances as MLA

BJP

INC

North Goa

Taleigao

Taleigao

48,48,54,264  
48 Crore+

30,81,18,480  
30 Crore+

17,67,35,784  
17 Crore+

57%

38,70,096  
38 Lacs+

5.

Wilfred Dsa

Business and Profession and Bank Interest Salary as MLA

Income of Husband Shared Being Govt. By Portuguese Civil Code

IND

INC

South Goa

Nuvem

Nuvem

21,59,26,001  
21 Crore+

8,44,49,932  
8 Crore+

13,14,76,069  
13 Crore+

156%

11,99,242  
11 Lacs+
Table: Assets Comparison of top 5 re-contesting MLAs - rupees –wise

Average asset increase of re-contesting MLAs: Party-Wise

S.No.

Party in 2022

Total Number

of MLAs

Average Assets in Goa 2022 (in Rs.)

Average Assets in Goa 2017

(in Rs.)

Average Assets Increase

(in Rs.)

Average
% Increase in Assets

1.

BJP

22

15,14,16,496  
15 Crore+

9,34,53,866   
9 Crore+

5,79,62,630  
5 Crore+

62.02%

2.

Independent

5

11,95,85,572  
11 Crore+

7,73,99,534   
7 Crore+

4,21,86,038  
4 Crore+

54.5%

3.

INC

4

29,37,07,402  
29 Crore+

17,43,55,820   
17 Crore+

11,93,51,582  
11 Crore+

68.45%

4.

Maharashtrawadi Gomantak

2

19,07,20,058  
19 Crore+

11,90,97,367   
11 Crore+

7,16,22,691  
7 Crore+

60.14%

5.

Goa Forward Party

1

37,16,45,465  
37 Crore+

14,75,55,994   
14 Crore+

22,40,89,471  
22 Crore+

151.87%

6.

NCP

1

11,75,49,272  
11 Crore+

9,19,91,897   
9 Crore+

2,55,57,375  
2 Crore+

27.78%

7.

AITC

1

13,96,29,651  
13 Crore+

13,06,12,260   
13 Crore+

90,17,391  
90 Lacs+

6.9%

8.

AAP

1

9,19,78,525  
9 Crore+

4,12,42,590   
4 Crore+

5,07,35,935  
5 Crore+

123.02%

GRAND TOTAL

37

16,77,34,146.29  
16 Crore+

10,24,32,526.51  
10 Crore+

6,53,01,619.78  
6 Crore+

64%
Table: Average asset increase of re-contesting MLAs – party wise

Contact Details

Goa Election Watch

                      Mr. Bhasker Assoldekar

+91-98203-53159
vibhan...@hotmail.com

 

 

Association for Democratic Reforms/National Election Watch

 

Media and Journalist Helpline

 

+91 80103 94248

Email: a...@adrindia.org

Maj.Gen. Anil Verma (Retd)

Head

Association for Democratic Reforms,

National Election Watch

011 4165 4200,

+91 88264 79910

a...@adrIndia.org,

anil...@adrindia.org

Prof Jagdeep Chhokar

IIM Ahmedabad (Retd.)

Founder Member,

Association for Democratic Reforms,

National Election Watch

jchh...@gmail.com

Prof Trilochan Sastry

IIM Bangalore

Founder Member,

Association for Democratic Reforms,

National Election Watch

+91 94483 53285

tsa...@gmail.com


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