Average assets increase 184 MLAs in Karnataka Elections

Summary and Highlights 

·        Average Assets in 2013 Elections: The average assets of these 184 re-contesting MLAs from various parties including independent MLAs in 2013 was Rs 26.92 crores (Rs 26, 92, 34,672).

·        Average Assets in 2018 Elections: The average assets of these 184 re-contesting MLAs in 2018 is Rs 44.24 crores (Rs. 44, 24, 28,949).

·        Average Asset change from 2013 to 2018: The average assets of these 184 re-contesting MLAs, between the Karnataka Elections of 2013 and 2018 has increasedby Rs. 17.31 crores (Rs. 17,31,94,277).

·        Percentage change in assets from 2013 to 2018:   The average percentage increase in assets for these 184 re-contesting MLAs is 64%.

Figure: Average Assets of Re-contesting MLAs

·        Recontesting MLAs with Assets Increase worth more than Rs. 100 crores

S.No.

Name

Party in 2018

Party in 2013

District in 2018

Constituency in 2018

Constituency  in 2013

Assets in 2018(Rs.)

Assets in 2013(Rs.)

Assets Increase/

Decrease (Rs.)

% Increase/

decrease in Assets

Total Annual Income as per last return

(Rs.)

Source of Income (Self)

Source of Income (Spouse)

ITR

Given

Pan Given

1.

D K Shivakumar

INC

INC

RAMANAGARAM

KANAKAPURA

KANAKAPURA

8,40,01,67,045
840 Crore+

2,51,50,96,329
251 Crore+

5,88,50,70,716
588 Crore+

234%

1,08,93,392
1 Crore+

Salary, Capital gains, Agriculture Income & Other Sources (Such as Bank Interest, Commission)

Rent, Capital gains & Other Sources (Such as Bank Interest)

Y

Y

2.

N Nagaraju (M.T.B)

INC

INC

BANGALORE RURAL

HOSAKOTE

HOSAKOTE

10,15,80,29,352
1015 Crore+

4,70,13,57,248
470 Crore+

5,45,66,72,104
545 Crore+

116%

1,57,04,29,210
157 Crore+

Agriculture, House Property, Business & Other Sources

House Property & Other Sources

Y

Y

3.

Shamanur Shivashankarappa

INC

INC

DAVANGERE

DAVANAGERE SOUTH

DAVANAGERE SOUTH

1,83,22,67,262
183 Crore+

67,89,78,344
67 Crore+

1,15,32,88,918
115 Crore+

170%

7,95,45,608
7 Crore+

Rental Income & Share of Profit from Partnership Firm

Not Given

Y

Y

4.

Priyakrishna

INC

INC

B.B.M.P(SOUTH)

GOVINDARAJANAGAR

GOVINDARAJANAGAR

10,20,53,87,250
1020 Crore+

9,10,98,61,857
910 Crore+

1,09,55,25,393
109 Crore+

12%

88,23,305
88 Lacs+

Business

Not Given

Y

Y

5.

Deshpande Raghunath Vishwanath

INC

INC

UTTARA KANNADA

HALIYAL

HALIYAL

2,15,15,93,731
215 Crore+

1,13,93,46,065
113 Crore+

1,01,22,47,666
101 Crore+

89%

3,15,77,980
3 Crore+

Salary , Dividends, Investment

Rent ,Dividends, Investment

Y

Y

Table: Highest growth in Assets (Top 5)

                                     

                                                        Figure: Party Wise Average Increase in Assets of Re-contesting MLAs (Rs.in crores)

Contact

Media and Journalist Helpline

+91 80103 94248

Email: adr@adrindia.org

Maj.Gen. Anil Verma (Retd)

Head

National Election Watch,

Association for Democratic Reforms

011 4165 4200,

+91 88264 79910

adr@adrIndia.org,

anilverma@adrindia.org

Prof Jagdeep Chhokar

IIM Ahmedabad (Retd.)

Founder Member,

National Election Watch, Association for Democratic

Reforms

+91 99996 20944

jchhokar@gmail.com

Prof Trilochan Sastry

IIM Bangalore

Founder Member,

National Election Watch,

Association for Democratic Reforms

+91 94483 53285

trilochan@iimb.ac.in

Mr. Harish Narasappa

Karnataka State Co-ordinator
harish@dakshindia.org

 

Dr. R. Balasubramaniam

Karnataka State Co-ordinator

+91-94480-79611

drrbalu@gmail.com

Association for Democratic Reforms
T-95, C.L. House, 2nd Floor,
(Near Gulmohar Commercial Complex)
Gautam Nagar
New Delhi-110 049
M: +91 8010394248 
T: +91 11 41654200
F: 011 4609 4248

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