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

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Nov 6, 2022, 4:44:39 AM11/6/22

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Press Release

Date: November 6, 2022

Dear Friends,

Association for Democratic Reforms (ADR) and Himachal Pradesh Election Watch have analysed the self-sworn affidavits of 58 re-contesting MLAs in the Himachal Pradesh Assembly Election 2022. Out of the 58 re-contesting MLAs, assets of 49 MLAs (84%) have increased ranging from 5% to 1167% and assets of 9 MLAs (16%) have decreased ranging from -4% to -37%.

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

Summary of comparison for re-contesting MLAs

Average Assets in 2017 Elections: The average assets of these 58 re-contesting MLAs fielded by various parties including independents in 2017 was Rs 9.30 Crores.
Average Assets in 2022 Elections: The average asset of these 58 re-contesting MLAs in 2022 is Rs 12.08 Crores.
Average Asset growth in 5 years (2017-2022): The average asset growth for these 58 re- contesting MLAs, between the Himachal Pradesh Assembly Elections of 2017 and 2022 is Rs 2.77 Crores.
Percentage growth in 5 years (2017-2022): Average percentage growth in assets for these 58 re-contesting MLAs is 30%.

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

Balbir Singh Verma of BJP from Chopal constituency has declared maximum increase in assets with an increase of Rs 37.71 Crores i.e from Rs 90.73 Crores in 2017 to Rs. 128.45 Crores in 2022.

Assets of Anil Sharma of BJP from Mandi constituency has increased by Rs 17.23 Crores, from Rs 40.24 Crores in 2017 to Rs 57.48 Crores in 2022.

Assets of Vikramaditya Singh of INC from Shimla Rural constituency have risen by Rs 17.06 Crores, from Rs 84.32 Crores in 2017 to Rs 101.39 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 Himachal Pradesh 2022	Party in Himachal Pradesh 2017	Constituency In Himachal Pradesh 2022	Constituency In Himachal Pradesh 2017	Assets in Himachal Pradesh 2022 (Rs.)	Assets in Himachal Pradesh 2017 (Rs.)	Assets Increase (Rs.)	% Increase in Assets	Total Annual Income as per last return (Rs.)
1.	Balbir Singh Verma	Salary, Rental Income, Hotel, Petrol Pump, Horticulture Income	Interest Income	BJP	BJP	Chopal	Chopal	1,28,45,25,778 128 Crore+	90,73,29,000 90 Crore+	37,71,96,778 37 Crore+	42%	-89,58,033
2.	Anil Sharma	Business, Salary of MLA, Orchardist	Business	BJP	BJP	Mandi	Mandi	57,48,41,205 57 Crore+	40,24,82,216 40 Crore+	17,23,58,989 17 Crore+	43%	22,26,277 22 Lacs+
3.	Vikramaditya Singh	Salary as MLA and as Director Maple Destination & Dreambuild Private Limited Agriculture, Horticulture, Business income	Not Known	INC	INC	Shimla Rural	Shimla Rural	1,01,39,61,033 101 Crore+	84,32,81,014 84 Crore+	17,06,80,019 17 Crore+	20%	73,42,555 73 Lacs+
4.	Ashish Butail	Employed	House Wife	INC	INC	Palampur	Palampur	30,25,22,481 30 Crore+	21,39,89,007 21 Crore+	8,85,33,474 8 Crore+	41%	17,57,140 17 Lacs+
5.	Rajesh Thakur	Salary Income Interest & Agriculture Income	Business Income. Interest & Agriculture Income	BJP	BJP	Gagret	Gagret	28,01,67,065 28 Crore+	20,83,71,632 20 Crore+	7,17,95,433 7 Crore+	34%	3,36,28,180 3 Crore+

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

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

Following tables showcases the party wise assortment of the average increase in assets of the re-contesting MLAs:

S.No.	Party in 2022	Total Number of MLAs	Average Assets in Himachal Pradesh 2022 (in Rs)	Average Assets in Himachal Pradesh 2017 (in Rs)	Average Asset Increase (in Rs)	Average % Increase in Asset
1.	BJP	35	10,46,05,285 10 Crore+	7,25,56,990 7 Crore+	3,20,48,295 3 Crore+	44.17%
2.	INC	20	15,31,78,004 15 Crore+	13,01,20,293 13 Crore+	2,30,57,711 2 Crore+	17.72%
3.	IND	2	4,45,94,550 4 Crore+	3,68,80,991 3 Crore+	77,13,559 77 Lacs+	20.91%
4.	CPI(M)	1	19,46,17,735 19 Crore+	18,15,08,485 18 Crore+	1,31,09,250 1 Crore+	7.22%
GRAND TOTAL		58	12,08,37,101.86 12 Crore+	9,30,54,671.98 9 Crore+	2,77,82,429.87 2 Crore+	30%