Checkout: Party Wise Crorepati Candidates In The First Phase Elections

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Checkout: Party Wise Crorepati Candidates In The First Phase Elections
A man counts Indian currency notes inside a shop in Mumbai, August 13, 2018. REUTERS/Francis Mascarenhas/Files
Electors around the nation are gearing up so eagerly to vote for their preferred candidate during the first phase of Lok Sabha elections on April 11, 2019. While you will be exercising your franchise to discharge your obligation as a citizen in the largest democracy, do you know the wealth status of the contesting candidates from some major parties in India? Look at the below statistical information based on the self-declaration made by the contesting candidates.
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The following analysis regarding crorepati candidates is made based on the information furnished by the candidates in the affidavit accompanying their nomination for contesting. A number of details are mandatory for the candidates and failing to furnish them or giving wrong information can lead to disqualification of the candidate from contesting in the elections by the election commission of India. Hence to avoid their disqualification and gain an entry to fight in the elections, majority of the candidates will furnish the details asked as faithfully as possible.


Across the nation, 91 constituencies are going for polling during the first phase of elections. A total number of 1266 candidates have been approved by the EC to face the election from these different constituencies in India. Look at the following statistical analysis pertaining to the wealth status of the contesting candidates and how many candidates are crorepatis.


Distribution of wealth among the contesting candidates

The following table tells us how much wealth is seen distributed across the candidates contesting in the first phase elections.
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Sl. No.Distribution of wealth among the candidates contesting during the first phaseNumber of candidatesPercentage among the total number of contesting candidates
1Rs.5 cr and above17714%
2Rs.2 crores to Rs. 5 crores998%
3Rs. 50 lakhs to Rs. 2 crores25420%
4Rs.10 lakhs to Rs. 50 lakhs32025%
5less than Rs. 10 lakhs41633%

Crorepati Candidates

Among the total number of 1266 candiddates contesting in the first phase elections, 401 (32%) have assets worth Rs. 1 crore and above.

Party wise Crorepati Candidates

Taking into account the candidates of the major parties contesting in the Lok Sabha elections 2019, we find the percentage of crorepati candidates.

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Sl. No.PartyTotal number of candidates contesting in first phaseNumber of candidates with assets more than 1 crorePercentage
1BJP836578%
2INC836983%
3BSP321547%
4YSRCP252288%
5TDP2525100%
6TRS1717100%


Average assets

Taking into account the total number of candidates contesting in the first phase elections, the average asset per candidate is found to be Rs. 6.63 crores.

Party-wise distribution of average assets

Sl. No.PartyTotal number of candidates contesting in first phaseAverage assets of the candidates
1BJP83Rs 14.56 crores
2INC83Rs. 21.93 crores
3BSP32Rs 12.63 crores
4YSRCP25Rs 62.94 crores
5TDP25Rs 57.77 crores
6TRS17Rs 45.87 crores


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High asset candidates

Here is a list of top 3 candidates among those contesting in the first phase elections who have declared as owning the highest assets:


S.No. Name State Constituency Party Name Movable Assets (Rs) Immovable Assets (Rs) Total Assets (Rs) PAN Given
1 Konda Vishweshwar Reddy TELANGANA CHEVELLA INC 8,56,38,18,770 38,63,60,400 8,95,01,79,170 895 Crore+ Y
2 Prasad Veera Potluri ANDHRA PRADESH VIJAYAWADA YSRCP 2,36,29,66,326 1,11,46,50,000 3,47,76,16,326 347 Crore+ Y
3 Kanumuru Raghu Rama Krishna Raju ANDHRA PRADESH NARSAPURAM YSRCP 1,98,90,22,378 1,27,03,83,000 3,25,94,05,378 325 Crore+ Y


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