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

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Feb 16, 2022, 2:42:01 AM2/16/22

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Press Release

Date: February 16, 2022

Dear Friends,

Association for Democratic Reforms (ADR) and Punjab Election Watch have analysed the self-sworn affidavits of 101 re-contesting MLAs in the Punjab Assembly Election 2022. Out of the 101 re-contesting MLAs, assets of 78 MLAs (77%) have increased ranging from 2% to 2954% and assets of 21 MLAs (21%) have decreased ranging from -2% to -74%.

For the complete reports in Hindi and English, please go to: https://adrindia.org/content/analysis-assets-comparison-re-contesting-mlas-punjab-assembly-election-2022

Summary of comparison for re-contesting MLAs

Average Assets in 2017 Elections: The average assets of these 101 re-contesting MLAs fielded by various parties including independents in 2017 was Rs 13.34 Crores.
Average Assets in 2022 Elections: The average asset of these 101 re-contesting MLAs in 2022 is Rs 16.10 Crores.
Average Asset growth in 5 years (2017-2022): The average asset growth for these 101 re- contesting MLAs, between the Punjab Assembly Elections of 2017 and 2022 is Rs 2.76 Crores.
Percentage growth in 5 years (2017-2022): Average percentage growth in assets for these 101 re-contesting MLAs is 21%.

Figure: Party Wise Assets Comparison of Re-Contesting MLAs

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

Sukhbir Singh Badal of SAD from Jalalabad constituency has declared maximum increase in assets with an increase of Rs 100 Crores i.e from Rs 102 Crores in 2017 to Rs. 202 Crores in 2022.

Assets of Manpreet Singh Badal of INC from Bathinda Urban constituency has increased by Rs 32 Crores, from Rs 40 Crores in 2017 to Rs 72 Crores in 2022.

Assets of Aman Arora of AAP from Sunam constituency have risen by Rs 29 Crores, from Rs 65 Crores in 2017 to Rs 95 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 Punjab 2022	Party in Punjab 2017	Constituency in Punjab 2022 (in Rs.)	Constituency in Punjab 2017 (in Rs.)	Assets in Punjab 2022 (in Rs.)	Assets in Punjab 2017 (in Rs.)	Assets Increase/decrease (Rs.)	% Increase/decrease in Assets	Total Annual Income as per last return (Rs.)
1.	Sukhbir Singh Badal	Salary as MP, Rental income , Interest and Agriculture Income	Salary as MP, Rent, Interest and Agriculture Income	SAD	SAD	JALALABAD	JALALABAD	2,02,64,27,815 202 Crore+	1,02,07,61,522 102 Crore+	1,00,56,66,293 100 Crore+	99%	3,08,92,391 3 Crore+
2.	Manpreet Singh Badal	Salary from Vidhan Sabha (ii) Rent of Show Rooms Interest , Agriculture (HUF)	Nil	INC	INC	BATHINDA URBAN	BATHINDA URBAN	72,70,06,460 72 Crore+	40,37,15,913 40 Crore+	32,32,90,547 32 Crore+	80%	3,15,93,110 3 Crore+
3.	Aman Arora	Business	Business	AAP	AAP	SUNAM	SUNAM	95,12,92,000 95 Crore+	65,88,61,000 65 Crore+	29,24,31,000 29 Crore+	44%	5,66,43,487 5 Crore+
4.	Amarinder Singh	Salary & Interest	Salary, Interest, Agricultural Income & Dividend income	Punjab Lok Congress Party	INC	PATIALA	PATIALA	68,73,43,757 68 Crore+	48,31,71,009 48 Crore+	20,41,72,748 20 Crore+	42%	92,19,880 92 Lacs+
5.	Angad Singh	Agriculture, Rentals	Agriculture Income	IND	INC	NAWAN SHAHR	NAWAN SHAHR	30,98,53,494 30 Crore+	17,43,10,283 17 Crore+	13,55,43,211 13 Crore+	78%	55,84,690 55 Lacs+

Table: Assets Comparison of top 5 re-contesting MLAs - rupees - wise

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

S.No.	Party in Punjab 2022	Total Number of re-contesting MLAs	Average Assets in Punjab 2022 (in Rs.)	Average Assets in Punjab 2017 (in Rs.)	Average Asset Increase/decrease (in Rs.)	Average % Increase/decrease in Asset
1.	INC	67	14,71,60,232 14 Crore+	13,24,21,223 13 Crore+	1,47,39,009 1 Crore+	11.13%
2.	SAD	14	24,57,44,471 24 Crore+	16,39,23,036 16 Crore+	8,18,21,435 8 Crore+	49.91%
3.	AAP	10	10,15,89,301 10 Crore+	6,93,98,369 6 Crore+	3,21,90,932 3 Crore+	46.39%
4.	BJP	5	11,58,99,960 11 Crore+	11,73,28,757 11 Crore+	-14,28,797	-1%
5.	Lok Insaaf Party	2	10,71,61,629 10 Crore+	10,14,12,063 10 Crore+	57,49,566 57 Lacs+	5.67%
6.	Independent	2	23,68,74,301 23 Crore+	17,32,61,568 17 Crore+	6,36,12,733 6 Crore+	36.71%
7.	Punjab Lok Congress Party	1	68,73,43,757 68 Crore+	48,31,71,009 48 Crore+	20,41,72,748 20 Crore+	42.26%
GRAND TOTAL		101	16,10,98,679.14 16 Crore+	13,34,68,219.98 13 Crore+	2,76,30,459.16 2 Crore+	21%