FINANCIAL BACKGROUND
· Crorepati MLAs: Out of the 230 newly elected MLAs, 187 (81%) are crorepatis. Out of230 MLAs analysed during Madhya Pradesh 2013 assembly elections, 161 (70%) MLAswere crorepatis.
Figure: Comparision of crorepati MLAs: 2008, 2013 and 2018
· Partywise crorepati MLAs:91(84%)out of 109 MLAs fromBJP,90(79%) out of 114 MLAs from INC,1(50%) out of 2 MLAs from BSP, 1 (100%) MLA from SP and 4(100%) independent MLAs have declared assets valued more than Rs 1 crore.
Figure: Party wise Comparison of Crorepati MLAs in 2013 and 2018
Figure: Share of Wealth Among MLAs
· Average assets:The average of assets per MLA in the Madhya Pradesh 2018 assembly elections is Rs. 10.17 crores. In 2013, the average assets of 230 MLAs analyzed was Rs5.24 crores.
Figure: Comparision of Average Assets (Rs. in Crores): 2008, 2013 and 2018
· Party wise average assets: The average assets per MLA for 114 INC MLAs analysed isRs 9.41 crores and 109 BJP MLAs have average assets of Rs 11.16 crores ,4 Independent MLAs have average assets worthRs. 9.24 crores
· High asset MLAs:The top three MLAs with high assets are given below:
S.No.
|
Name
|
District
|
Constituency
|
Party
|
Movable Assets (Rs)
|
Immovable Assets (Rs)
|
Total Assets (Rs)
|
PAN Given
|
1
|
KATNI
|
VIJAYRAGHAVGARH
|
BJP
|
1,41,62,25,040
|
84,54,81,651
|
2,26,17,06,691
226 Crore+ |
Y
| |
2
|
RATLAM
|
RATLAM CITY
|
BJP
|
7,11,00,000
|
1,97,52,00,000
|
2,04,63,00,000
204 Crore+ |
Y
| |
3
|
INDORE
|
INDORE-1
|
INC
|
49,13,86,070
|
90,79,75,000
|
1,39,93,61,070
139 Crore+ |
Y
|
Table: Top three MLAs with highest declared assets
· Low asset MLAs: The details of three MLAs with the lowest assets are given below:
S.No.
|
Name
|
District
|
Constituency
|
Party Name
|
Movable Assets (Rs)
|
Immovable Assets (Rs)
|
Total Assets (Rs)
|
PAN Given
|
1
|
KHANDWA
|
PANDHANA (ST)
|
BJP
|
50,749
|
0
|
50,749
50 Thou+ |
Y
| |
2
|
INDORE
|
DR. AMBEDKAR NAGAR-MHOW
|
BJP
|
7,35,198
|
0
|
7,35,198
7 Lacs+ |
Y
| |
3
|
SHAHADOL
|
BEOHARI (ST)
|
BJP
|
8,40,000
|
0
|
8,40,000
8 Lacs+ |
Y
|
Table: Three MLAs with lowest declared assets
· MLAs with high liabilities: 37 MLAs have declared liabilities of Rs 1 crore and above, and the details of the top 3 MLAs are as follows:
S.No.
|
Name
|
District
|
Constituency
|
Party
|
Total Assets(Rs)
|
Liabilities (Rs)
|
PAN Given
|
1
|
BETUL
|
BETUL
|
INC
|
1,27,62,89,318
127 Crore+ |
54,58,83,506
54 Crore+ |
Y
| |
2
|
KATNI
|
VIJAYRAGHAVGARH
|
BJP
|
2,26,17,06,691
226 Crore+ |
52,10,94,065
52 Crore+ |
Y
| |
3
|
INDORE
|
INDORE-1
|
INC
|
1,39,93,61,070
139 Crore+ |
46,58,99,482
46 Crore+ |
Y
|
Table: Top three MLAs with high liabilities
· MLAs with high income as declared in ITR:The table below shows 3 MLAs who have declared highest income in their Income Tax Returns.
S.No.
|
Name
|
Party Name
|
Constituency
|
District
|
Total Asset (Rs)
|
Self Source of Income
|
Spouse's Source of Income
|
The financial year for which the last income tax return has been filed by winner
|
Total income shown by winner in ITR (Self+Spouse+Dependent) (Rs)
|
Self income shown by winner in ITR (Rs)
|
1
|
BJP
|
KHURAI
|
SAGAR
|
46,00,27,069 46 Crore+
|
Agriculture, Milk Dairy, Moon Marriage Hall
|
Hotel Deepali, Deepali Palace, Deepali Automobile (Petrol Pump)
|
2018-2019
|
5,76,37,749 5 Crore+
|
97,63,942 97 Lacs+
| |
2
|
BJP
|
VIJAYRAGHAVGARH
|
KATNI
|
2,26,17,06,691 226 Crore+
|
Business & Others
|
Business & Others
|
2017-2018
|
2,34,90,390 2 Crore+
|
85,97,680 85 Lacs+
| |
3
|
INC
|
INDORE-1
|
INDORE
|
1,39,93,61,070 139 Crore+
|
Transportation, Cargo Handling, Agricultural Income, Income From real estate
|
Salary, Agricultural Income & Income From real estate
|
2017-2018
|
2,23,61,580 2 Crore+
|
1,81,31,170 1 Crore+
|
Table: Top 3 MLAs with high income as declared in income tax returns
· MLAs with high assets and no ITR:There are 16 MLAs who have declared their total assets worth more than Rs. 1 crore but have not filed ITR. The table below shows top 3 MLAs with high assets and no ITR .
S.No.
|
Name
|
District
|
Constituency
|
Party
|
Total Assets (Rs)
|
PAN Given
|
Self Income
|
1
|
NARSINGHPUR
|
GADARWARA
|
INC
|
6,13,69,047 6 Crore+
|
N
|
ITR not filed
| |
2
|
BARWANI
|
BARWANI (ST)
|
BJP
|
5,16,13,378 5 Crore+
|
Y
|
ITR not filed
| |
3
|
GUNA
|
GUNA (SC)
|
BJP
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