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Crorepatis in poll fray to make it big

After the Election Commission has tightened norms for poll expenses and amended rules to furnish every financial detail of candidate’s contesting elections, contestants are also responding with equal tempo.

As per the new format of the affidavit, now a candidate needs to furnish the amount, the fixed deposit receipt number, the date of deposit, the scheme, the name of the bank and the branch. Earlier, it was just deposits in banks, financial institutions and non-banking financial companies. Now that has extended to details of deposits in bank accounts (FDRs, term deposits and all other types of deposits including savings accounts), deposits with financial institutions, non-banking financial companies and co-operative societies and the amount in each such deposit.

It’s the result of strictness of the EC norms that candidates are not shying away from declaring their assets in Rajasthan assembly polls, which is scheduled to be held on 1 December. As per the data released by Association for Democratic Reforms (ADR) and Rajasthan Election Watch (REW), Rajasthan will see a total of 346 millionaire candidates.

The ADR and REW have analysed the self-sworn affidavits of candidates from all the major political parties and outgoing independent MLAs contesting in the Rajasthan assembly elections. A total of 2,087 candidates filed affidavits with the ECI, among whom REW and ADR have analysed 733 candidates.

Candidates from BJP, INC, BSP, SP, CPM, CPI, NCP, 11 outgoing independent MLAs, one outgoing JD(U) MLA and tow candidates from National People’s Party (NPEPT) were considered for this report. Notably, the affidavits of Dinesh Dhakar (BSP), Keshav (BSP), Ram Dayal (BSP) and Mahaveer Pratap Pareek alias Tiwari (CPI) have not been analysed due to issues in their affidavits like missing pages, annexures etc.
The average asset of these 733 candidates contesting in the 2013 Rajasthan assembly polls is Rs.2.97 crore, while the average asset of 727 candidates from these political parties and independent MLAs during 2008 assembly polls was Rs.1.43 crore.

Congress party stands first in the category of party-wise average asset per candidate. With an average asset of Rs 4.79 crore for 199 candidates of Congress, the party is just 0.43 crore ahead of its rival BJP in Rajasthan. The average asset of per candidate of BJP (199 candidates) is Rs.4.36 crore, while the average asset of BSP (190 candidates) is Rs.93.43 lakh.

Eleven outgoing independent MLAs declared an average asset of Rs.2.49 crore and two candidates from NPEPT declared an average asset of Rs.2.13 crore. The average asset per candidate for BJP, INC and BSP in 2008 assembly elections were Rs. 1.91 crore, Rs.2.19 crore and Rs.87.19 lakh respectively.

The top three candidates with high declared assets are Vishwendra Singh of Congress from Deeg-Kumher constituency with declared assets worth Rs.118.96 crore followed by Prem Singh of BJP from Neem Ka Thana constituency with assets worth Rs.87.70 crore and Anjana Udailal of Congress from Nimbahera constituency with assets worth Rs 65.55 crore.

The top three candidates with highest declared liabilities are Prem Singh of BJP from Neem Ka Thana constituency, who has declared the highest liabilities worth Rs.46.02 crore followed by Vishwendra Singh of Congress from Deeg-Kumher constituency with liabilities worth Rs.40.12 crore and Anjana Udailal of Congress from Nimbahera constituency with liabilities worth Rs.20.25 crore.

A total of 118 (16 per cent) out of 733 candidates contesting in the 2013 Rajasthan assembly polls have not declared their PAN details and there are 226 (31 per cent) out of 733 candidates analysed have not declared their ITR.

Prem Singh of BJP from Neem Ka Thana constituency has declared the highest income of Rs.4.56 crore in the last ITR, filed for the year 2012-13, followed by Ashok Parnami of BJP from Adarsh Nagar constituency with total income of Rs.2.94 crore and Ratan Jaldhari of BJP from Sikar constituency with an income of Rs.2.74 crore for the financial year 2012-13.
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