The recent assembly elections in Madhya Pradesh have led to a significant increase in the number of 'crorepati' MLAs, those with assets exceeding Rs 1 crore, according to the Association for Democratic Reforms (ADR). With 205 out of 230 MLAs now holding this status, there has been a noticeable increase from the 187 crorepati MLAs reported in 2018.
Majority Crorepati MLAs in Winning Party
The Bharatiya Janata Party (BJP), who emerged victorious with 163 seats, boasts 144 crorepati MLAs. In comparison, the Congress party, which witnessed a decline from 114 seats in 2018 to 66, has 61 crorepati MLAs. The wealthiest of them all is Chaitanya Kashyap of the BJP, possessing assets amounting to Rs 296 crore, closely followed by his party colleague Sanjay Satyendra Pathak with Rs 242 crore. Kamal Nath, the state Congress president, also finds himself among the top three richest MLAs, with assets over Rs 134 crore.
Contrasting Wealth Among Elected MLAs
In stark contrast to the wealth of the aforementioned MLAs stands Kamlesh Dodiyar, the winning candidate from the Bharat Adivasi Party, who has declared assets worth Rs 18 lakh, the lowest among the elected MLAs. Despite this disparity, the average assets of MLAs have seen an increase from Rs 10.17 crore in 2018 to Rs 11.77 crore.
Asset Distribution Among Crorepati MLAs
The ADR report further categorizes the crorepati MLAs based on their asset values. Among them, 102 MLAs have assets above Rs 5 crore, 71 MLAs with assets ranging from Rs 2 crore to Rs 5 crore, and 48 MLAs with assets between Rs 50 lakh and Rs 2 crore. A small fraction of them, nine MLAs, own assets below Rs 50 lakh. The MLA with the most significant liabilities is BJP's Surendra Patwa, with a staggering debt of Rs 57 crore.