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Total assets of 4,001 sitting MLAs stands at Rs 54,545 cr, finds ADR

The total assets of 4,001 sitting MLAs stood at Rs 54,545 crore, which is more than the combined annual budgets for 2023-24 of Nagaland, Mizoram and Sikkim, according to a report. The Association for Democratic Reforms (ADR) and the National Election Watch (NEW) have extracted the data from affidavits filed by the MLAs prior to contesting their last elections. The report said of 4,033 legislators, affidavit of 4,001 have been analysed. The average of assets per MLA, belonging to 84 political parties and Independent, is Rs 13.63 crore, it said. "The total assets of 4,001 sitting MLAs are Rs 54,545 crore. This amount is more than the combined annual budget for 2023-24 of three states, Nagaland, Mizoram and Sikkim, totalling Rs 49,103 crore. The annual budget 2023-24 of Nagaland is Rs 23,086 crore, Mizoram is Rs 14,210 crore and Sikkim is Rs 11,807 crore," the report said. Among major parties, the average assets per MLA for 1,356 BJP MLAs analysed is Rs 11.97 crore, for 719 Congress M

BJP expanding its real estate footprint across India, Congress struggling

BJP's frenetic acquisition of real estate has coincided with its electoral expansion beyond its traditional catchment areas of northern and central India

Out of 1,001 Karnataka candidates, 345 faced criminal cases: ADR report

According to the report, Manikanta Rathod, who was the BJP candidate from Chittapur assembly constituency, has 45 registered cases and 15 other cases filed are of serious nature

Regional party income from unknown sources was Rs 887.55 cr in 2021-22: ADR

The income of regional political parties from unknown sources in the financial year 2021-22 amounted to Rs 887.55 crore, accounting for 76 per cent of their total earnings, according to the Association of Democratic Reform (ADR). The figure indicates a rise in parties' income from unknown sources in comparison to 2020-21 when the total income of regional parties accounted for Rs 530.70 crore, of which Rs 263.93 crore or 49.73 per cent came from unknown sources. According to the report, donations over Rs 20,000 are defined to have come from "known" sources as their donor details are available through contribution reports as submitted by regional parties to the Election Commission of India (ECI). The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income. At present, political parties are not required to reveal the name of individuals or organisations giving less than Rs 20,000 and those who donated via electoral ...

26 regional parties got donations over Rs 189cr in FY 2021-22: ADR report

With regard to the total amount of donations, TRS leads with Rs 40.90 crore from 14 donations followed by AAP which has declared receiving Rs 38.243 crore from 2619 donations

US banking turmoil hits the prices of ADRs for domestic banks, shows data

Analysts say domestic banks' dependence on local depositors insulates them from the crisis

Assets of 71 Lok Sabha MPs grew by 286% since 2009, says ADR report

The assets of 71 MPs, who were re-elected to the Lok Sabha between 2009 and 2019, grew by a whopping 286 per cent on an average and the highest increase was recorded by the BJP's Ramesh Chandappa Jigajinagi, according to a report released by the Association for Democratic Reforms (ADR) on Friday. The total worth of Jigajinagi's assets, which was about Rs 1.18 crore in 2009, went up to Rs 8.94 crore in 2014 and further to Rs 50.41 crore in 2019, registering an overall increase of 4,189 per cent, the report noted, referring to the self-sworn affidavits submitted by the Bharatiya Janata Party (BJP) leader during the Lok Sabha elections held in the respective years. Re-elected to the Lower House of Parliament for a sixth consecutive term in 2019, the MP from Karnataka's Bijapur served as the Union minister of state for drinking water and sanitation from July 2016 to May 2019 in the previous term of the government led by Prime Minister Narendra Modi. According to the report by ADR-Nation

Tata Motors one of many as India Inc turns averse to ADRs and GDRs

Tata Motors joins growing list of domestic firms to delist ADR programme

75% of sitting Nagaland MLAs are crorepatis, 3% have criminal cases: ADR

Seventy-five per cent of the sitting MLAs of Nagaland are crorepatis, while 3 per cent have declared criminal cases against themselves, revealed an Association for Democratic Reforms (ADR) report

TMS Ep239: PSU hiring, freebies, Jhunjhunwala-owned stocks, ADR vs GDR

Why are top public sector units not hiring? Should India regulate freebies? Should you buy, sell or hold Rakesh Jhunjhunwala-owned stocks? What is the difference between ADR and GDR? Answers here

ADR vs GDR: Know the difference

A depositary receipt is a financial instrument that allows people to invest in the shares of foreign companies. In this report, we tell you about the different kinds of depositary receipts

No reasons cited for fielding 212 with criminal cases in polls: ADR report

Here's a look at how the major parties did regarding the C7 mandates, across state elections

Story in Numbers: Asset growth of politicians between 2017 and 2022

This data analyses how much change these candidates reported in assets

7 electoral trusts received Rs 258 cr in donation; BJP got 82% money: ADR

Seven electoral trusts received a total amount of Rs 258.49 crore from corporates and individuals, and the BJP bagged more than 82 per cent of it, poll rights body ADR said.

Average vote share of winners in Punjab assembly polls stood at 43.8%: ADR

The voter turnout in the February 20 election was 72% as compared to 77% in the previous election in 2017

44% newly sworn-in Goa ministers have criminal cases against them: ADR

According to the ADR report, serious criminals cases meant those offences which carry punishment of five years or more

At least 22 newly sworn-in UP ministers face criminal cases: ADR

Uttar Pradesh Election Watch and the Association for Democratic Reforms (ADR) have analysed the self-sworn affidavits of 45 of the total 53 ministers, including the chief minister

Assembly polls: 45% winners in 5 states with criminal cases, says ADR

Of the 690 candidates, 219 (32 percent) winning candidates have declared serious criminal cases against themselves, it said

Uttarakhand elections: 17% candidates have criminal record, says ADR

The Supreme Court had specifically instructed political parties to give reasons for such selection and why other individuals without criminal antecedents could not be selected as candidates

BJP accounts for 70% of assets declared by national parties: ADR report

Declared assets worth Rs 4,847.78 crore in FY20, according to ADR's analysis