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Every third candidate in the second phase is a crorepati
-Congressmen have the highest debt, 3 rich candidates have a debt of Rs 300 crore
New Delhi. The influence of money power is increasing in Indian politics. In comparison to the first phase of Lok Sabha elections, more rich candidates are in the fray in the second phase. 1192 candidates contesting in the second phase have declared assets worth an average of Rs 5.17 crore. Among them, one out of every three is a millionaire. Of the top 10 richest candidates, maximum 5 are from Karnataka. According to Election Watch ADR, out of the ten candidates who have declared maximum liabilities, 6 belong to Karnataka. 3 rich candidates have declared total debt of Rs 300 crore.
Karnataka Deputy Chief Minister, D.K., with declared assets worth Rs 593 crore, is contesting in the second phase of Lok Sabha elections. Shivakumar's brother D.K.Suresh is the second richest candidate. But among the candidates who have declared maximum liabilities is D.K. Suresh is at number one. According to the review report released by Election Watch ADR, Congress candidate D.K.Suresh, contesting from Bengaluru Rural seat in the second phase of Lok Sabha elections, has declared maximum liabilities of Rs 150 crore in his affidavit.
Debt of around Rs 300 crore on 3 rich candidates
On Hoshangabad seat of Madhya Pradesh, Congress candidate Sanjay Sharma is at second place with liabilities of Rs 98 crore. Whereas former Chief Minister of Karnataka and Janata Dal (Secular) candidate from Mandya seat, HD Kumaraswamy is at third place with liabilities of Rs 82 crore. That means these 3 rich candidates have a debt of around Rs 300 crore.
What is included in liabilities?
Election Watch head Anil Sharma said that out of the 10 candidates declaring maximum liabilities, four are from Congress, four from BJP and one from JD(S). Generally, those candidates who have business background have more liabilities. Liabilities include business loan taken from the bank, personal loan, outstanding amount of government services like telephone bill, water bill, electricity bill, house rent, GST, service tax, property tax – all these things have to be declared by the candidates. .
Congress candidate Venkataramane Gowda is the richest candidate in the second phase.
The richest among the candidates contesting in the second phase, Congress candidate Venkataramane Gowda from Mandya seat of Karnataka has declared assets worth Rs 622 crores, but he has declared liabilities of Rs 24 crores. Among the candidates with the ten highest liabilities, BJP candidate from Thiruvananthapuram, Kerala and Union Electronics and IT Minister Rajiv Chandrashekhar is at ninth position with declared liabilities of Rs 21 crore.
Anil Verma said that on an average 40% to 50% candidates declare liabilities in their self-declaration. Along with their own liabilities, candidates also have to declare the liabilities of their spouse and dependents. Declaring liabilities makes the electoral process more transparent and voters have complete information about the financial condition of their candidates, their assets, sources of income and how much debt they have.
-Congressmen have the highest debt, 3 rich candidates have a debt of Rs 300 crore
New Delhi. The influence of money power is increasing in Indian politics. In comparison to the first phase of Lok Sabha elections, more rich candidates are in the fray in the second phase. 1192 candidates contesting in the second phase have declared assets worth an average of Rs 5.17 crore. Among them, one out of every three is a millionaire. Of the top 10 richest candidates, maximum 5 are from Karnataka. According to Election Watch ADR, out of the ten candidates who have declared maximum liabilities, 6 belong to Karnataka. 3 rich candidates have declared total debt of Rs 300 crore.
Karnataka Deputy Chief Minister, D.K., with declared assets worth Rs 593 crore, is contesting in the second phase of Lok Sabha elections. Shivakumar's brother D.K.Suresh is the second richest candidate. But among the candidates who have declared maximum liabilities is D.K. Suresh is at number one. According to the review report released by Election Watch ADR, Congress candidate D.K.Suresh, contesting from Bengaluru Rural seat in the second phase of Lok Sabha elections, has declared maximum liabilities of Rs 150 crore in his affidavit.
Debt of around Rs 300 crore on 3 rich candidates
On Hoshangabad seat of Madhya Pradesh, Congress candidate Sanjay Sharma is at second place with liabilities of Rs 98 crore. Whereas former Chief Minister of Karnataka and Janata Dal (Secular) candidate from Mandya seat, HD Kumaraswamy is at third place with liabilities of Rs 82 crore. That means these 3 rich candidates have a debt of around Rs 300 crore.
What is included in liabilities?
Election Watch head Anil Sharma said that out of the 10 candidates declaring maximum liabilities, four are from Congress, four from BJP and one from JD(S). Generally, those candidates who have business background have more liabilities. Liabilities include business loan taken from the bank, personal loan, outstanding amount of government services like telephone bill, water bill, electricity bill, house rent, GST, service tax, property tax – all these things have to be declared by the candidates. .
Congress candidate Venkataramane Gowda is the richest candidate in the second phase.
The richest among the candidates contesting in the second phase, Congress candidate Venkataramane Gowda from Mandya seat of Karnataka has declared assets worth Rs 622 crores, but he has declared liabilities of Rs 24 crores. Among the candidates with the ten highest liabilities, BJP candidate from Thiruvananthapuram, Kerala and Union Electronics and IT Minister Rajiv Chandrashekhar is at ninth position with declared liabilities of Rs 21 crore.
Anil Verma said that on an average 40% to 50% candidates declare liabilities in their self-declaration. Along with their own liabilities, candidates also have to declare the liabilities of their spouse and dependents. Declaring liabilities makes the electoral process more transparent and voters have complete information about the financial condition of their candidates, their assets, sources of income and how much debt they have.
New Delhi. The influence of money power is increasing in Indian politics. In comparison to the first phase of Lok Sabha elections, more rich candidates are in the fray in the second phase. 1192 candidates contesting in the second phase have declared assets worth an average of Rs 5.17 crore. Among them, one out of every three is a millionaire. Of the top 10 richest candidates, maximum 5 are from Karnataka. According to Election Watch ADR, out of the ten candidates who have declared maximum liabilities, 6 belong to Karnataka. 3 rich candidates have declared total debt of Rs 300 crore.
Karnataka Deputy Chief Minister, D.K., with declared assets worth Rs 593 crore, is contesting in the second phase of Lok Sabha elections. Shivakumar's brother D.K.Suresh is the second richest candidate. But among the candidates who have declared maximum liabilities is D.K. Suresh is at number one. According to the review report released by Election Watch ADR, Congress candidate D.K.Suresh, contesting from Bengaluru Rural seat in the second phase of Lok Sabha elections, has declared maximum liabilities of Rs 150 crore in his affidavit.
Debt of around Rs 300 crore on 3 rich candidates
On Hoshangabad seat of Madhya Pradesh, Congress candidate Sanjay Sharma is at second place with liabilities of Rs 98 crore. Whereas former Chief Minister of Karnataka and Janata Dal (Secular) candidate from Mandya seat, HD Kumaraswamy is at third place with liabilities of Rs 82 crore. That means these 3 rich candidates have a debt of around Rs 300 crore.
What is included in liabilities?
Election Watch head Anil Sharma said that out of the 10 candidates declaring maximum liabilities, four are from Congress, four from BJP and one from JD(S). Generally, those candidates who have business background have more liabilities. Liabilities include business loan taken from the bank, personal loan, outstanding amount of government services like telephone bill, water bill, electricity bill, house rent, GST, service tax, property tax – all these things have to be declared by the candidates. .
Congress candidate Venkataramane Gowda is the richest candidate in the second phase.
The richest among the candidates contesting in the second phase, Congress candidate Venkataramane Gowda from Mandya seat of Karnataka has declared assets worth Rs 622 crores, but he has declared liabilities of Rs 24 crores. Among the candidates with the ten highest liabilities, BJP candidate from Thiruvananthapuram, Kerala and Union Electronics and IT Minister Rajiv Chandrashekhar is at ninth position with declared liabilities of Rs 21 crore.
Anil Verma said that on an average 40% to 50% candidates declare liabilities in their self-declaration. Along with their own liabilities, candidates also have to declare the liabilities of their spouse and dependents. Declaring liabilities makes the electoral process more transparent and voters have complete information about the financial condition of their candidates, their assets, sources of income and how much debt they have.
