Hetero Chief Bandi ParthaSaradhi Reddy is the richest MP of KCR’s party BRS
A recent report released by the Association for Democratic Reforms (ADR) and the National Election Watch (NEW) provides intriguing insights into the financial landscape of Rajya Sabha Members of Parliament (MPs).
This new report indicates that the combined assets of 225 current Rajya Sabha MPs amount to Rs 18,210 crore.
Meanwhile, the total assets held by the 30 Congress MPs stand at Rs 1,549 crore and the assets of the 9 YSRCP MPs amount to Rs 3,561 crore.
Additionally, the report identifies seven TRS MPs holding assets valued at Rs 5,596 crore, and 10 AAP MPs with a total asset value of Rs 1,316 crore.
- Dr. Bandi Partha Saradhi (BRS): With a significant lead, Dr. Bandi Partha Saradhi tops the list. He boasts total assets amounting to Rs 5,300 crore.
- Coming in second place is YSRCP MP Alla Ayodhya Rami Reddy, whose total assets are worth Rs 2,577 crore.
- Holding the third position in this lineup is Samajwadi Party representative Jaya Bachchan, possessing assets valued at Rs 1,001 crore.
This enumeration reflects the financial standings of these individuals within the context of their roles as Rajya Sabha MPs.
Detailed Wealth Analysis of Rajya Sabha MPs: Assets and Liabilities Breakdown
The study examines the assets and liabilities of 225 current Rajya Sabha MPs, shedding light on their financial standings within the context of their roles as representatives.
Assets Breakdown:
The report reveals that the combined assets of these 225 Rajya Sabha MPs amount to a staggering Rs 18,210 crore.
The wealth distribution across political parties is noteworthy. Among the parties, the investigation indicates:
- Bharatiya Janata Party (BJP): Assets of 85 BJP MPs combined are estimated at Rs 2,579 crore.
- Indian National Congress: Total assets held by 30 Congress MPs stand at Rs 1,549 crore.
- YSR Congress Party (YSRCP): The 9 YSRCP MPs possess assets valued at Rs 3,561 crore.
- Telangana Rashtra Samithi (TRS): 7 TRS MPs have a cumulative asset value of Rs 5,596 crore.
- Aam Aadmi Party (AAP): 10 AAP MPs collectively hold assets worth Rs 1,316 crore.
- Others: The investigation also covers MPs from parties such as Samajwadi Party (SP) and Trinamool Congress (TMC), each with unique asset profiles.
Top Three Wealthiest Rajya Sabha MPs:
- Dr. Bandi Partha Saradhi (BRS): Leads the pack with total assets of Rs 5,300 crore.
- Alla Ayodhya Rami Reddy (YSRCP): Ranks second with assets worth Rs 2,577 crore.
- Jaya Bachchan (SP): Holds the third position with assets valued at Rs 1,001 crore.
Average Asset Value by Party:
- BRS (TRS): Average assets per MP stand at Rs 799.46 crore.
- YSRCP: Each MP averages assets of Rs 395.68 crore.
- AAP: The average asset value per MP is Rs 131.66 crore.
- TMC: The average asset value of TMC MPs is recorded at Rs 3.55 crores.
- Congress: With an average asset value of Rs 51.65 crores, Congress MPs stand out in this comparison.
- NCP: Amongst NCP MPs, the average asset value per MP is Rs 19.57 crores.
These figures are closely followed by the collective assets of the 11 scrutinized MPs from Andhra Pradesh, standing at Rs 3,823 crore, and the 30 investigated UP MPs, with the aggregate possessions amounting to Rs 1,941 crore.
Liabilities Breakdown:
Let’s Know Which Mp Has How Much Liability?
- The financial liability of YSRCP’s Member of Parliament, Nathwani Parimal, is the highest at INR 209 crores.
- BRS’s Alla Ayodhya Rami Reddy is next, with a debt of INR 154 crores, followed by SP’s Jaya Bachchan, who has a liability of INR 105 crores.
- The report also highlighted that four MPs from the Rajya Sabha own assets worth less than INR 10 lakhs.
Now Let’s Know Which Mp Is The Poorest?
- Wealth Comparison among Selected MPs Sant Balbir Singh of the AAP (Aam Aadmi Party) possesses assets valued at approximately Rs 3.79 lakh.
- Maharaja Sanajaoba Lishemba from BJP (Bharatiya Janata Party) has total assets roughly calculated to be Rs 1.98 lakh.
- Sanjay Singh, another representative of the AAP, maintains assets estimated at around Rs 6.6 lakh.
- Prakash Chik Badaik of the Trinamool Congress holds assets with a net worth of Rs 9.25 lakh.
Notable Observations:
The report identifies four MPs owning assets less than INR 10 lakhs, emphasizing the diverse financial backgrounds among Rajya Sabha MPs.
Conclusion:
The ADR and NEW report provides a comprehensive view of the financial profiles of Rajya Sabha MPs, uncovering the wide spectrum of assets and liabilities held by these representatives.
This data enriches the understanding of the financial diversity within the political landscape and underscores the importance of transparency in public office.
