50% MLAs voted to power in three states are crorepatis

An analysis by National Election Watch further extrapolate that deeper a candidate’s pockets, better his/her chances of winning. Top earning American Idol contestants


NEW DELHI: It is a rich man���s world and nothing proves it better than the election results. A staggering 50% of legislators who were voted to power in three states are crorepatis.

An analysis by National Election Watch (NEW) goes further to extrapolate that deeper a candidate���s pockets, better his/her chances of winning. And the number of moneybags is rising. The number of MLAs in Maharashtra who have assets of over a crore is 184 this year or 63.89%, up from 2004���s 108.

Similar figures for Haryana are up from 47 in 2004 elections to 65 in 2009 or 72.22%. Arunachal elected 35 or 58.33% of the total candidates, up from 17 in 2004.

���NEW looked at the contesting candidates and their chances of success and found that the more money you have, better are your chances of being elected,��� Anil Bairwal, NEW coordinator, said.



ADVERTISEMENT
Interestingly, only 0.98% of candidates who had declared low assets, that is less than Rs 10 lakh, got elected in Maharashtra. This number was 2.34% for Haryana while 48% of candidates who declared assets of more than Rs 10 crore won in Maharashtra and about 44% of such candidates got elected in Haryana. For Arunachal, 53% of candidates who declared assets of more than Rs 10 crore won the elections.

The analysis was conducted by the Association for Democratic Reforms (ADR) and National Election Watch (NEW), a nationwide campaign comprising of more than 1,200 NGOs and other citizen-led organisations, working on electoral reforms, improving democracy and governance in India.

Besides their financial health, criminal background of elected representatives threw up some interesting facts. Out of 900 candidates with pending criminal cases who contested in these elections, 161 won.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › 50% MLAs voted to power in three states are crorepatis
Text Size:AAA
Success
This article has been saved

*

+