Karnataka Leads with Most Billionaire MLAs, Uttar Pradesh Lags Behind: ADR Analysis

Karnataka Leads with Most Billionaire MLAs, Uttar Pradesh Lags Behind: ADR Analysis

• The Association for Democratic Reforms (ADR) recently conducted a comprehensive analysis of the assets of MLAs from various political parties in India. The report sheds light on the average wealth of MLAs, the percentage of billionaire MLAs, and the representation of women in state assemblies. Karnataka emerges as the state with the highest average assets per MLA and the highest number of billionaire MLAs, while Uttar Pradesh lags behind in both categories.
• According to the ADR report, the average assets of an MLA in India stand at Rs 13.63 crore. This figure represents the collective wealth of MLAs across the country, indicating a significant financial standing.
• Among the analyzed states, Karnataka tops the list with 223 MLAs having an average wealth of Rs 64.39 crores. This substantial average asset value sets Karnataka apart from other states.
• Tripura and West Bengal have the lowest average assets per MLA. Tripura’s 59 MLAs possess an average wealth of Rs 1.54 crores, while West Bengal’s 293 MLAs have an average of Rs 2.80 crores.

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Published date : 03 Aug 2023 05:08PM