Average asset of 102 re-elected MPs rises by 110% between 2014-2024: ADR

New Delhi: Between 2014 and 2024, 102 MPs who were re-elected to the Lok Sabha recorded an average growth of over 100 % in their assets, according to a report released by the Association for Democratic Reforms (ADR).

The top ten MPs who registered the highest increase in their assets include BJP’s Udayanraje Bhonsle, Poonamben Maadam, Hema Malini and Nishikant Dubey; YSRCP’s P V Midhun Reddy; Shiromani Akali Dal’s Harsimrat Kaur Badal; Trinamool Congress’ Shatrughan Sinha; and NCP (SP)’s Supriya Sule.

The report said the average asset growth for the 102 re-elected MPs between the Lok Sabha elections of 2014 and 2024 was ₹17.36 crore, representing a jump of around 110 %.

According to the report, Bhonsle, who was elected in 2014 and 2019 as an MP from the Nationalist Congress Party and from the BJP in 2024 from Satara in Maharashtra, recorded an increase of 268 % in his assets.

In 2014, he had assets worth ₹60 crore, which rose to ₹199 crore in 2019 and further increased to ₹223 crore in 2024 – a total jump of ₹162 crore.

Maadam, the BJP MP from Jamnagar in Gujarat, registered an increase of ₹130 crore, with assets worth ₹147 crore in 2024, a jump of 747 % from 2014, when she had declared assets worth ₹17 crore.

Assets of P V Midhun Reddy of the YSRCP from the Rajampet constituency rose by ₹124.25 crore, from ₹22.59 crore in 2014 to ₹146.85 crore in 2024. Actor-turned-politician Hema Malini’s assets grew by over ₹100 crore, from ₹178 crore in 2014 to ₹278 crore in 2024, the report said.

Assets of BJP’s Rao Inderjit Singh, MP from Gurgaon, increased by ₹96 crore, from ₹25 crore in 2014 to ₹121 crore in 2024, an increase of 385 %.

Shatrughan Sinha, who was a BJP MP in 2014 and later switched to the TMC, registered an increase of ₹78 crore in his assets, rising from ₹131 crore in 2014 to ₹210 crore in 2024.

Shiromani Akali Dal MP Harsimrat Kaur Badal’s assets increased from ₹108 crore in 2014 to ₹217 crore in 2019, before slightly declining to ₹198 crore in 2024, registering an overall increase of ₹90 crore.

Godda MP Nishikant Dubey’s assets rose from ₹15 crore in 2014 to ₹74 crore in 2024, while Baramati MP Supriya Sule’s assets increased from ₹113 crore to ₹166 crore.
The average assets of the 102 re-elected MPs fielded by various parties stood at ₹15.76 crore in 2014, rose to ₹24.21 crore in 2019, and further increased to ₹33.13 crore in 2024.