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How rich are our politicians?
GFiles, a Delhi - based journal has done an investigative story on the richness of our politicians and their source of wealth. Here is the stunning story told in tables.

Top 10 Rich Politicians of India

S. No

Politician

State

Sector

Assets
(Rs Crore)

1

King Mahendra Prasad

Bihar

Pharma Cos

683

2

G. Deepak Reddy

Andhra Pradesh

Mining

678

3

Dr Vijay Mallya

Karnataka

UB Group/Kingfisher

615

4

Jaya Bachchan

Uttar Pradesh

Film Industry

494

5

Dr Y S Jagan Mohan Reddy

Andhra Pradesh

Business

446

6

Dr T. Subbarama Reddy

Andhra Pradesh

Industry/Trading

258

7

Anand Singh (MLA)

Karnataka

Iron Ore Business

239

8

Anil H Laad

Karnataka

Industry

189

9

Nama Nageshwara Rao

Andhra Pradesh

Industrialist

174

10

Navin Jindal

Haryana

Industrialist

132

The income of our political parties
as per income tax records
(assessment years from 2006-07 to 2011-12. ( Values in Rs Crore)

Party

2007-08

2008-09

2009-10

2010-11

2011-12

Total
(Rs Crore)

Congress

169.36

220.81

496.68

467.57

307.08

1786.63

BJP

  82.45

123.78

220.02

258.01

168.01

  890.65

BSP

    zero

  69.74

182.02

  56.98

115.70

  434.20

NCP

  15.80

  17.39

  40.01

  44.85

  23.31

  148.73

CPI

    0.74

    1.24

    1.16

    1.29

    2.12

      7.77

CPI-M

  63.40

  59.70

  62.83

  73.28

  76.57

  377.38

SP

  87.05

  32.30

  39.00

  28.10

  15.21

  250.00

AIADMK

    6.40

    3.00

  12.50

    9.74

  14.20

    58.79

JD(U)

    0.55

    0.22

    9.31

  11.33

    3.42

    26.17


How some politicians multiplied their wealth?

Dr S Jagatrakshakhan,DMK MP, declared assets of Rs 5 (five) crore before the 2009 Lok Sabha elections. In 2012, his assets have grown to Rs 65 crore, an increase of 1092 per cent.

Panabaka Lakshmi, Congress, reported assets of Rs 1 crore four years ago. In 2012, the assets stand at Rs 16 crore, an increase of 828 per cent.

Tusharbhai Chaudhary, Congress, reported assets of Rs 24 lakh four years ago. In 2012, the assets have multiplied to Rs 1.74 crore, an increase of 705 per cent.

Vayalar Ravi, Congress (Minister), reported assets of Rs 18 lakh four years ago. In 2012, the assets have jumped to Rs 1.12 crore, an increase of 502 per cent.

Jagan Mohan Reddy’s riches story is phenomenal. His total investments and assets pooled together are valued over Rs 1234 crore. In 2004, he showed an income of Rs 9.18 lakh in his tax returns and his family wealth at Rs 50 lakh. In 2009 tax returns, he showed an income of Rs 77.40 crore. And two years later he showed an income of Rs 365 crore.

Party

Surveyed

Crorepathis

Congress

69

50

BJP

50

34

BSP

15

10

NCP

7

5

SP

8

6

Trinamool

9

4

AIADMK

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