Fortune favours netas
The netas contesting from Delhi, it turns out, not only retained their riches, but they even increased them by a whopping 755 per cent on an average in the past five years. This is much more than even the affluent Mumbai, where the candidates have increased their net worth between 300 and 600 per cent.delhi Updated: Apr 27, 2009 23:53 IST
Not everyone lost their wealth and jobs in these times of economic slowdown and general gloom.
The netas contesting from Delhi, it turns out, not only retained their riches, but they even increased them by a whopping 755 per cent on an average in the past five years.
This is much more than even the affluent Mumbai, where the candidates have increased their net worth between 300 and 600 per cent.
Among the bigwigs, the comparative analysis is of politicians who had contested in 2004 too. A comparison between their net worth then and now revealed that the increase has been between 33 and 3,235 per cent.
Leading the charge among the known faces is Bharatiya Janata Party’s New Delhi nominee Vijay Goel who increased his wealth by 791 per cent to own around Rs 3.8 crore. Goel is a paper merchant.
His Congress adversary Ajay Maken, who has a rubber foam business, added a modest 33 per cent more riches to his assets in 2004.
Congress’ East Delhi MP Sandeep Dikshit grew his riches by 377 per cent to reach a bit more than Rs 2 crore, while erstwhile Karol Bagh MP Krishna Tirath increased hers by 230 per cent to make around Rs 2 crore.
But richest in this list is Congress’ Chandni Chowk candidate Kapil Sibal, who is a famous lawyer, with his assets worth Rs 31 crore.
Sibal made his personal kitty swell by 101 per cent during his term as an MP.
The list also included Independent candidates who had filed their nominations in 2004 too.
“This is an indication of how much our leaders made in the past five years. These are facts taken from their declarations,” said Anil Bairwal, national coordinator of Association for Democratic Reform (ADR), the NGO, which released the analysis.