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politicians wealth: Average increase of 43% in assets of 324 MPs recontesting LS polls: ADR analysis of last 5 years

A poll rights body has reported an average increase of 43% in the assets of 324 MPs who have re-entered the Lok Sabha elections in the last five years. The average assets of these MPs in 2019 were around Rs 21.55 crore, while in the current electoral cycle, the average asset value has increased "significantly" to Rs 30.88 crore, marking an increase of Rs 9.33 crore over the past five years. The Association for Democratic Reforms (ADR) analysed the financial growth among Members of Parliament (MPs) recontesting in the 2024 general elections.

43% Asset Surge: MPs Wealth Soars Over Electoral Cycles

The Association for Democratic Reforms (ADR) reports a 43% average increase in the assets of 324 recontesting Members of Parliament (MPs) over the last five years. The average asset value grew from Rs 21.55 crore in 2019 to Rs 30.88 crore in 2024. Party-wise analysis shows varied percentages of asset growth.

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