Press Esc to close
Sunday 30 August 2015
News updated at 2:53 AM IST
Weather
Max: 27.6°C
Min : 19.4°C
In Bengaluru
Sunny day

'Average asset of Karnataka Minister zooms 665 pc to Rs 6.96 cr'

Bangalore, Apr 4, 2013, (PTI) :
Pictorial representation

 The average asset of a Minister in Karnataka is Rs 6.96 crore, a jump of 665 per cent over the previous 2004 ministry, an NGO claimed.

Karnataka Election Watch and Association of Democratic Reforms had analysed the affidavits, filed with the Election Commission, of 24 out of 27 Cabinet Ministers including the Chief Minister.

The data regarding the three remaining Ministers -- S Suresh Kumar, Revu Naik Belamagi and Kota Srinivasa Poojary -- were not available, Prof Trilochan Sastry of the KEW told reporters here today.

The average asset of Ministers in the Assembly constituted in 2004 was Rs 91 lakh. "The average asset of a Minister in Karnataka Assembly (constituted in) 2008 is Rs 6.96 crore. The growth in average asset per Minister was 665 per cent from 2004 to 2008," Sastry said.

The average asset per MLA in the Assembly constituted in 2008 is Rs 5.98 crore for 214 MLAs analysed out of 224 MLAs (Priya Krishna of the Congress with asset of Rs 767.61 crore was excluded as his assets were clearly an outlier).

 In the 2004 Assembly, the average asset of 186 MLAs out of 224 legislators analysed was Rs 1.29 crore.

"There was a growth of 364 per cent increase in average asset of MLAs from 2004 to 2008 Assembly elections", Sastry, accompanied by members of NGOs, said, adding, KEW is a network of non-political, non-partisan, citizens-led organisation.

When it was pointed out that the list of all MLAs with assets should have been given as citing astronomical increase in average assets would be "unfair" to honest among them, Sastry admitted to the "mistake" and said it would be provided later.

The average assets per MLA is the highest at Rs 5.98 crore in the 2008 Karnataka Assembly, followed by 2011 Tamil Nadu Assembly with an average of Rs 3.98 crore, 2009 Andhra Pradesh Assembly with Rs 3.78 crore and 2011 Kerala Assembly with Rs 1.43 crore.

KEW, along with NGOs, would launch a campaign on "My vote is not for sale" to counter excessive spending in elections and bribing of voters through money, liquor and gifts.


Go to Top

Photo Gallery
Bollywood actor Arjun Rampal showcases a creation by designer Bugatti during Lakme Fashion...

Bollywood actor Arjun Rampal showcases a creation by designer Bugatti during Lakme Fashion...

President Pranab Mukherjee honours gymnast Dipa Karmakar with Arjuna Award 2015...

President Pranab Mukherjee honours gymnast Dipa Karmakar with Arjuna Award 2015...

Malayali women light lamps at Lord Ayyappa Temple on the occasion of Onam festival...

Malayali women light lamps at Lord Ayyappa Temple on the occasion of Onam festival...

Mahants and sadhus from various Akharas arrive for the first Royal Bath of the Kumbh Mela...

Mahants and sadhus from various Akharas arrive for the first Royal Bath of the Kumbh Mela...

Indian women tie Rakhis onto the wrists of Indian BSF soldiers during the Raksha Bandhan...

Indian women tie Rakhis onto the wrists of Indian BSF soldiers during the Raksha Bandhan...

Women and Children from various segments of society tying ‘Rakhi’ to Prime Minister...

Women and Children from various segments of society tying ‘Rakhi’ to Prime Minister...

Muslim women tie rakhis to police officials on the occasion of Raksha Bandhan...

Muslim women tie rakhis to police officials on the occasion of Raksha Bandhan...

President Pranab Mukherjee honours tennis player Sania Mirza with Rajiv Gandhi Khel Ratna...

President Pranab Mukherjee honours tennis player Sania Mirza with Rajiv Gandhi Khel Ratna...

School girls tying Rakhi on the wrists of BSF personnel during celebrations of Raksha Bandhan...

School girls tying Rakhi on the wrists of BSF personnel during celebrations of Raksha Bandhan...

Ex-servicemen celebrate Raksha Bandhan even as they continue their...

Ex-servicemen celebrate Raksha Bandhan even as they continue their...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523