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'Average asset of Karnataka minister zooms by 665 percent to Rs 6.96 crore'

  •   Fri, Apr 05 2013 12:12:57 AM

'Average asset of Karnataka minister zooms by 665 percent to Rs 6.96 crore'

Bangalore, Apr 5 (PTI): The average asset of a Minister in Karnataka is Rs 6.96 crore, a jump of 665 per cent over the previous 2004 ministry, an NGO claimed.

Karnataka Election Watch and Association of Democratic Reforms had analysed the affidavits, filed with the Election Commission, of 24 out of 27 Cabinet Ministers including the Chief Minister.

The data regarding the three remaining Ministers -- S Suresh Kumar, Revu Naik Belamagi and Kota Srinivasa Poojary -- were not available, Prof Trilochan Sastry of the KEW told reporters here today.

The average asset of Ministers in the Assembly constituted in 2004 was Rs 91 lakh. "The average asset of a Minister in Karnataka Assembly (constituted in) 2008 is Rs 6.96 crore. The growth in average asset per Minister was 665 per cent from 2004 to 2008," Sastry said.

The average asset per MLA in the Assembly constituted in 2008 is Rs 5.98 crore for 214 MLAs analysed out of 224 MLAs (Priya Krishna of the Congress with asset of Rs 767.61 crore was excluded as his assets were clearly an outlier).

 In the 2004 Assembly, the average asset of 186 MLAs out of 224 legislators analysed was Rs 1.29 crore.

"There was a growth of 364 per cent increase in average asset of MLAs from 2004 to 2008 Assembly elections", Sastry, accompanied by members of NGOs, said, adding, KEW is a network of non-political, non-partisan, citizens-led organisation.

When it was pointed out that the list of all MLAs with assets should have been given as citing astronomical increase in average assets would be "unfair" to honest among them, Sastry admitted to the "mistake" and said it would be provided later.

The average assets per MLA is the highest at Rs 5.98 crore in the 2008 Karnataka Assembly, followed by 2011 Tamil Nadu Assembly with an average of Rs 3.98 crore, 2009 Andhra Pradesh Assembly with Rs 3.78 crore and 2011 Kerala Assembly with Rs 1.43 crore.

KEW, along with NGOs, would launch a campaign on "My vote is not for sale" to counter excessive spending in elections and bribing of voters through money, liquor and gifts.
  

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Comment on this article

  • Sandy, Udupi/UAE

    Fri, Apr 05 2013

    Politics is the only business which make no loss.....

    DisAgree Agree [18] Reply Report Abuse

  • Ramchandra Kini, Mangalore

    Fri, Apr 05 2013

    During Poojarys Loan Mela days the Arrack lobby made money. They made the poor in the villages "drunkards". Now the Real Estate Agents are making a lot of money as politicians invest in huge lands. There is light at the end of the tunnel for everyone !

    DisAgree [2] Agree [5] Reply Report Abuse

  • kannadiga, mangalore/dubai

    Fri, Apr 05 2013

    Dear Stan,
    You are already in Dubai, need not worry about voting in Karnataka at present. For the last 5 years it is BJP who looted everthing crossing all lines or records of any other Government that thas ruled Karnataka...secondly, considering communalism, fanatism the Congress is the best Party at present to rule and have our trust with this Party...JAI HO...

    DisAgree [3] Agree [11] Reply Report Abuse

  • simple, Bangalore

    Fri, Apr 05 2013

    All here, instead of making useless comments, insist on IT Officials to look into these kind of wealth, amassed by the Politicians\govt. officials in such a short time.
    We should keep at it until IT takes up the matter. Let it be anyone Congress\BJP
    JDU\KJP anyone...
    They have just without inhibition looted all of us - we should make it pay back time for them..

    DisAgree Agree [15] Reply Report Abuse

  • Lambert Alvares, Kelarai

    Fri, Apr 05 2013

    That is why all our own elected MP`sand MLA`S along with their flock in states and centre do not want LOK PAL bill to be amended to citizens wish or allow it to pass in PARLIAMENT....... why ? skeletons will tumble from hidden ...boards.

    DisAgree Agree [10] Reply Report Abuse

  • stan, dubai

    Fri, Apr 05 2013

    We have about more than 70 persons known to me. They are all confused to whom they have give their vote. I was reading from our readers comments that BJP is better than Congress and some are telling congress is better than BJP. Please guide me to cast out vote bye showing me our party is better i.e. no corruption/ No one tried to get ticket to their family members( Most of leaders are trying for their son,son-in-law, wife , daughter-in-law or brother in law). Please give me your recommendation early before election.

    DisAgree [3] Agree [5] Reply Report Abuse

  • jeevan, mangalore

    Fri, Apr 05 2013

    Vote only after enact JANLOKPAL...

    DisAgree [7] Agree [5] Reply Report Abuse

  • James, Mangalore/Germany

    Fri, Apr 05 2013

    What do you expect when you think only of your community people should be voted. For you religion only counts.Politicians contribute 2% of their stolen money to the community temples. You consider this a big deal.
    When will the people realize that
    politics should not be mixed with religion. Corrupt politician should be expeled from temples. The 2% contribution is not so important. Temples would be holyier
    without these filthy politicians.This goes for all religions.

    DisAgree Agree [9] Reply Report Abuse

  • Charles D'Mello, Pangala

    Fri, Apr 05 2013

    Politics is the best. My next move is to repay debt of Mother India and clear my own....!!!!????

    DisAgree Agree [11] Reply Report Abuse

  • Richard Dlima, Shirva/Mumbai

    Fri, Apr 05 2013

    This is what called politics bhai, therefore these tugs are in maramari for tickets. If you are a politician in every scam you will get clean chit from judiciary, CBI and from the dirty voters. Desh ko bachao. What to do, it is the destiny of our country people won't support Anna Hazare or AAP.

    DisAgree [2] Agree [8] Reply Report Abuse

  • Vishal, Mangalore

    Fri, Apr 05 2013

    POLITICS IS THE LAST REFUGE OF SCOUNDRELS. DO WE NEED TO SAY ANYTHING MORE?

    DisAgree Agree [11] Reply Report Abuse

  • CYRIL MASCARENHAS, KIREM/MIRA ROAD/BOMBAY

    Fri, Apr 05 2013

    FROM WHERE THIS MONEY HAS COME.IT SHOULD BE INVESTIGATED.WHERE IS OUR INCOME TAX DEPT..? WHY THEY ARE NOT RAIDING THESE PEOPLE..?

    DisAgree Agree [17] Reply Report Abuse

  • R.Bhandarkar, M'Lore

    Fri, Apr 05 2013

    Dear Patrick
    Why not 50 or 52? Just asking dear...simply!

    DisAgree [5] Agree [7] Reply Report Abuse

  • Patrick Fernandes, Muki/Vasai

    Fri, Apr 05 2013

    If one person of the Family becomes a Minister in Indian Politics he can earn enough for his next 51 generations.

    DisAgree Agree [17] Reply Report Abuse

  • abdulla, india

    Fri, Apr 05 2013

    Put them all the ministers with Mlas behind bars without bail.
    Let every one of these responsible guys their wealth : cash-gold and property s.
    If his salary is rs 50,000per month then how did he accumulate so much wealth?
    Are they joining politics to amass wealth?
    Time for introspection -accountability-young india has to rise and question each one of them even on middle of the road.
    No one is above law.
    These guys are in competent even to build one road to specifications and quality,why do we need them?
    These guys are sitting in A/C rooms watching porno on mobiles and think they are white collared kings.
    Time to catch them by the collars and answer their responsibilities and results.
    it is the voter who bring them to power s0 now it is your responsibility to get th work done.
    JANLOKPAL BILL is a must -fight for it tillit come sto power as a bill.
    Right to recall is more important-keep only the best -keep onlty the hardworking -dedicated - visionary.
    who is on his toes to build our nation -rets should go back to work in farms and look after their sheep. unfit.

    DisAgree Agree [15] Reply Report Abuse

  • Praveen, Moon

    Fri, Apr 05 2013

    Property prices are increased in karnataka

    DisAgree Agree [10] Reply Report Abuse

  • KRPrabhu, Kudla/Bangalore

    Fri, Apr 05 2013

    Why Income Tax department is not taking stringent action against massing wealth by the politicians to find out the source of income?

    DisAgree Agree [16] Reply Report Abuse

  • jeevan, mangalore

    Fri, Apr 05 2013

    Sure not more than italian chopper commision...

    DisAgree [27] Agree [6] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Fri, Apr 05 2013

    The assets of bjp ministers are the first, fast and vast development and before elections bjp is chella pilli.
    BJP AND ITS ASSOCIATES ARE KALLRA KALLARU.

    DisAgree [3] Agree [21] Reply Report Abuse

  • R.Bhandarkar, M'Lore

    Fri, Apr 05 2013

    MLA Anthem
    Jhoom Barabar Jhoom Bharabar Jhoom
    Assets Honge Zoom
    Leading to our Doom
    Ultimately Phirenge Ghoom Ghoom Ghoom
    Jhoom Baraa Bar Jhoom Baraa bar...Jhoom !!

    DisAgree Agree [23] Reply Report Abuse

  • Ahmed, Mangalore

    Fri, Apr 05 2013

    So, every citizen should get a chance to become MLA. 100,000 - 200,000 MLAs in every state, Only once becoming MLA no second chance, Elections every year. This would eradicate poverty in INDIA for ever.

    DisAgree Agree [20] Reply Report Abuse

  • shahnawaz kukkikatte, dubai/udupi

    Fri, Apr 05 2013

    This is just d and audited figures. Actual and benaami assets could be much more. This is the true nature of bjp who dont want good governance and maintain double standards when it comes to fighting corruption. these assets are tax payers monies and must be returned to its actual owners.. we need change now in the govt.. and its possible now..

    DisAgree [4] Agree [20] Reply Report Abuse

  • G.Sadananda, Mlore/Mumbai

    Fri, Apr 05 2013

    Now do we need any reason to understand why there is such a mara-mari for tickets to become MLAs and MPs? Sad fact is that we are the fools who elect such selfish persons whose only aim is not to serve but to amass wealth through corrupt means.

    DisAgree Agree [16] Reply Report Abuse

  • damian, bejai

    Fri, Apr 05 2013

    money made is money earned policy..

    DisAgree Agree [10] Reply Report Abuse

  • S.M. Nawaz Kukkikatte, udupi

    Fri, Apr 05 2013

    Wow great achievements. Voters called Politics means Good rule and development But these all politician thinking Politics means "earn money"

    DisAgree Agree [15] Reply Report Abuse

  • Jossey Saldanha, Mangalore/Mapusa/Mumbai

    Fri, Apr 05 2013

    I remember Dharmender’s famous dialogue "kutte, kamine, main tera khoon pe jaunga”……….

    DisAgree Agree [23] Reply Report Abuse

  • Damodar Bhat, Udupi

    Fri, Apr 05 2013

    I feel this estimate is wrong. It should actually be 10 times this ! Our politicians are shameless.

    DisAgree Agree [24] Reply Report Abuse

  • Wilfred Fernandes, Vamadapadavu/Dubai

    Fri, Apr 05 2013

    Good Achivement...Who says there is no development.

    DisAgree Agree [22] Reply Report Abuse

  • Aam Admi, mumbai

    Fri, Apr 05 2013

    Who says that there no development in India.Every elected reps assets increase leaps and bounds.Better once contested will not not be allowed to contest. Let another person contest and he too will grow his wealth and assets.giving chance to repeater only these people become rich and shout from their top of voice that India is not developed.India means Indian reps in assembly and parliament.if these people become rich then think India become rich.

    DisAgree Agree [21] Reply Report Abuse

  • Santhosh, kadri/Bahrain

    Fri, Apr 05 2013

    Now u got up since long back you where sleeping when BJP in trouble you people wake up no worries

    DisAgree [3] Agree [9] Reply Report Abuse

  • RONS, KUWAIT

    Fri, Apr 05 2013

    OH GOD FORGIVE THE MINISTERS FOR THEY DO NOT CARE HOW THEY EARN MONEY

    DisAgree [1] Agree [20] Reply Report Abuse

  • ISMAIL.K.PERINJE, PERINJE-YANBU/KSA

    Fri, Apr 05 2013

    What would be asset of 2013 to be constituted Assembly of Karnataka?A whopping 1000%?It could be...Some are how politicians were developed themselves more than State Development.There may be businessmen law makers among the assessed that should be sorted out.

    DisAgree Agree [28] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Fri, Apr 05 2013

    It is very simple, bring back Swiss Bank money, pick up all corruption scandal politician and repay the debt.

    DisAgree Agree [22] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Fri, Apr 05 2013

    Any other business like political business in India to get rich very fast?

    DisAgree [1] Agree [39] Reply Report Abuse


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