First Post Politics

Now that the first phase of India's Lok Sabha elections are underway, let's take a look at the financial positions of the candidates that are standing for the elections. AFP The National Election Watch (NEW) and Association for Democratic Reforms (ADR) analysed the self-sworn affidavits of candidates who are contesting in the 2014 Elections. Based on their analysis, out of the 1,391 candidates analysed, 397 (29 percent) are crorepatis. It shouldn't surprise anyone that the highest percentage of crorepati candidates emerges from the Congress ( a whopping 82 percent), followed by the BJP (68 percent of their candidates are crorepatis). "59 (82 percent) out of 72 candidates in INC, 54 (68 percent) out of 80 candidates in BJP, 36 (46 percent) out of 78 candidates in AAP and 34 (38 percent) out of 89 candidates in BSP and 83 (15 percent) out of 549 Independent candidates have declared assets worth more than Rs. 1 crore," said ADR in its study. INC refers to the Indian National Congress, BJP refers to the Bharatiya Janta Party, AAP refers to the Aam Aadmi Party and BSP refers to Bahujan Samaj Party.

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