Home ODISHA LATEST Pinaki’s assets register second biggest jump among 165 re-elected MPs

Pinaki’s assets register second biggest jump among 165 re-elected MPs

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Odisha Sun Times Bureau
Bhubaneswar, May 22:
BJD MP from the Puri Lok Sabha constituency in Odisha, Pinaki Mishra ranks second among the 165 MPs re-elected to the 16th Lok Sabha whose assets witnessed the biggest jump during their term as member of the last Lok Sabha.

Pinaki Misra
Pinaki Misra

Mishra’s, whose assets rose by a whopping 371.74 percent between 2009 and 2014, is next only to Shatrughan Sinha, BJP MP from Patna Sahib in Bihar.

According to an analysis of the assets of re-elected MPS done by the Association for Democratic Reforms (ADR), the assets of the actor turned politician leap-frogged from Rs 15 crore in 2009 to Rs 131.74 crore in 2014, recording a quantum jump of 778 per cent, while the assets of lawyer turned politician and BJD MP Pinaki Mishra recorded a jump from just Rs 29.69  crore in 2009 to Rs 137.09 crore in 2014, an increase of Rs 107.4 crore (371.74%).

Former Union minister and NCP leader Sharad Pawar’s daughter Supriya Sule, who won from Baramati constituency in Maharashtra, is in the third position with her assets increasing from Rs 51.53 crore in 2009 to Rs 113.90 crore in 2014, a rise of Rs 62.37 crore.

“The average asset growth for these 165 re-elected MPs, between the Lok Sabha Elections of 2009 and 2014 is Rs 7.40 crore which is an increase of Rs 137 per cent,” the ADR report said. The report reveals that the average assets of these 165 re-elected MPs fielded by various parties in 2009 was Rs 5.38 crore. Their average assets in 2014 have grown to Rs 12.78 crore, a rise of Rs 7.40 crore.

The civil society group has analysed the affidavits of 165 out of 168 re-elected MPs. The rest of the MPs were not analysed due to unclear or incomplete affidavits uploaded on the ECI website, ADR said.

The report says when it comes to parties; the highest rise in assets was registered by the re-elected MPs of Shiromani Akali Dal (SAD) with their assets rising from an average of Rs 31.75 crore to Rs 58.88 crore.

This was followed by Jaganmohan Reddy’s YSR Congress, whose candidates’ assets grew from 18.53 crore to 29.06 crore.

Third on the list is Biju Janta Dal (BJD). Assets of the party MPs grew from an average of Rs 7.09 crore to Rs 24.15 crore.

The two major national parties, BJP and Congress occupied the number six and seven positions in the list.
While the assets of BJP MPs grew from Rs 5.11 crore to Rs 12.6 crore, properties of Congress MPs rose from Rs 5.66 crore to Rs 11.57 crore.

A total of 78 MPs were re-elected from the BJP, whose assets grew by around Rs 7 crore on an average, a rise of 146 per cent. Their average assets in 2009 were around Rs five crore which grew to more than Rs 12 crore in 2014, ADR said.

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