Abdul Rashid Sheikh, an independent candidate from the Baramulla Lok Sabha seat, has reduced his liabilities and increased assets in the last five years, according to his poll affidavit. His assets are now valued at Rs 1.55 crore, including a 41,072 sq ft non-agriculture land in Langate and a house in Srinagar worth Rs 90 lakh. Rashid, a science graduate with a diploma in civil engineering, has declared a home loan and a Kissan Credit Card loan as liabilities.