Sachin among 87 Rajya Sabha MPs to declare commercial interests
Cricket icon Sachin Tendulkar, businessman Vijay Mallya and yesteryear Bollywood stars Jaya Bachchan and Mithun Chakraborty were among 87 Rajya Sabha members who have declared their commercial interests.
Rest of the parliamentarians in the 211-member Upper House did not have any commercial interest to fill in on a register where they are required to make declarations in five categories — remunerative directorship, regular remunerative activity, shareholding of a controlling nature, paid consultancy and professional engagement.
The Lok Sabha does not keep any such register, though its ethics committee had suggested the mechanism to avoid conflict of interests of MPs.
The Association for Democratic Reforms (ADR), which got the information on the Rajya Sabha members through a right to information application, had asked the Lok Sabha Speaker to introduce a system for lawmakers in the Lower House to declare their commercial and professional interests outside of Parliament.
The ADR report says Tendulkar, a nominated Rajya Sabha MP, declared Rs 72.79 crore of “total fees or remuneration received from professional engagements”.
Another nominated member, KTS Tulsi, was a distant second with Rs 19.13 crore, followed by Trinamool Congress’s Mithun Chakraborty at Rs 16.93 crore.
Congress’s Abhishek Manu Singhvi has put Rs 82.33 crore on the register, the highest amount received from regular remunerated activity. Independent MP Vijay Mallya’s Rs 2.51 crore was second in this category.
But Mallya was number one in the remunerative directorship category with Rs 8.81 crore of yearly income while Shiv Sena’s Rajkumar Nandlal Dhoot has declared controlling stakes in most number of companies (31).