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HomeCity NewsAssets of 216 MLAs grew 164pc since last Maharashtra polls: Study

Assets of 216 MLAs grew 164pc since last Maharashtra polls: Study

There has been a whopping 164 percent growth in assets of 216 MLAs, who are seeking re-election to the Maharashtra Assembly, since the last polls, as per a study conducted by two NGOs.

The average assets of these candidates have shot up to Rs. 13.15 crore this year, from Rs. 4.97 crore in 2009, according to an analysis of affidavits of 216 MLAs, who won the 2009 state Assembly polls and are again contesting tomorrow, conducted by the Association of Democratic Reforms (ADR) and Maharashtra Election Watch.

The study reveals that the average asset growth of each candidate is Rs. 8.17 crore, or 164 per cent.

BJP’s Mangal Prabhat Lodha, who represents Malabar Hill seat, has the highest assets growth of Rs. 129.97 crore, from Rs. 68.64 crore in 2009 to Rs. 198.61 crore this year.

The assets of Suresh Kumar Bhikamchand Jain, Shiv Sena candidate from Jalgaon city, have increased by Rs. 100 crore, from Rs. 82.82 crore in 2009 to Rs. 182.84 crore in 2014.

Ramesh Singh Ramnarayan Thakur of Congress, contesting from Kandivali East seat, has an assets growth of Rs. 59.40 crore, from Rs. 22.22 crore in 2009 to Rs. 81.63 crore in 2014.

According to the NGOs, 62 re-contesting MLAs of the Congress have shown 184 per cent increase in average assets, while 51 NCP MLAs have shown a 176 per cent rise.

Forty-four BJP MLAs have declared an average assets increase of 198 per cent, while 36 Shiv Sena MLAs have shown 172 percent growth.

Eight MLAs of MNS have registered an average assets increase of 294 per cent, while 8 independent MLAs have shown an average assets rise of 74 per cent.

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