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Telangana polls: Majority candidates are millionaires, 50 have assets over Rs 50 crore

A majority of the candidates in fray for the Telangana polls are millionaires, with 50 of them having assets worth more than Rs 50 crore each. The state will go for polls on November 30 and votes would be counted on December 3.

Telangana poll: Majority candidates are millionaires, 50 have assets over Rs 50 crore
Telangana poll: Majority candidates are millionaires, 50 have assets over Rs 50 crore

By ETV Bharat English Team

Published : Nov 11, 2023, 1:12 PM IST

Hyderabad:Most of the candidates fielded by the major political parties in Telangana for the upcoming Assembly elections, are millionaires. Among those in the fray include a few corporates. Their affidavits reveal that they have assets worth crores of rupees.

Considering the total assets owned by their candidates, Congress comes first with G Vivek from Chennuru having the highest assets worth Rs 606.67 crore. Others will more than Rs 400 crore assets are K Rajagopal Reddy from Munugodu, who has assets of Rs 458.39 crore and P Srinivas Reddy from Paleru with Rs 433.93 crore.

From BRS, the candidate having highest assets is P Shekhar Reddy, who has been fielded from Bhuvagiri. He has declared Rs 227.51 crore assets. BJP candidate from Serilingampally M. Ravikumar has Rs 166.93 crore assets, highest in the party.

Nearly 50 candidates contesting the polls have assets of more than Rs 50 crore each. The assets are as per the current market rates and if the actual prices are considered then the amount would be much higher.

A lion's share of the assets of some of the candidates are in the names of their spouses. Some candidates on the other hand have declared that they have no vehicles or houses in their name.

Also Read:Telangana Poll: BRS condemns Chandrababu arrest to retain Andhra voters

PCC president Revanth Reddy, who is contesting from Kodangal and Kamareddy, has the highest number of 89 cases against him, while Goshamahal BJP candidate Rajasingh has 75 cases. Compared to the previous election, the number of cases against some members of the ruling party have been reduced this time.

BRS

Name of Candidate Constituency Assets (in Cr)

P. Shekhar Reddy Bhuvanagiri 227.51
B. Ganesh Nizamabad Urban 197.40
K. Prabhakar Dubbaka 124.24
Janardhan Reddy NagarKurnool 112.33
Rajender Reddy Narayana Peta 111.42
M. Rajasekhar Malkajigiri 97.00
Mallareddy Medchal 95.94
K. Upender Reddy Paleru 89.57
B. Lakshma Reddy Uppal 85.75
A. Gandhi Serilingampally 85.14

BJP

Name of Candidate Constituency Assets (in Cr)

M. Ravikumar Serilingampally 166.93
D. Arvind Korutla 107.43
Etela Rajender Huzurabad 53.94
M. Shasidhar Reddy Sanath Nagar 51.14
K. Venkataramana Reddy Kamareddy 49.71
V. Raghunatha Rao Manchiryala 48.18
B. Subhash Reddy Yellareddy 42.55
P. Kaliprasad Rao Parakala 39.88
V. Mohan Reddy Bodhan 38.68
Nivedita Nagarjunasagar 34.95

Congress

Name of Candidate Constituency Assets (in Cr)

G. Vivek Chennuru 606.67
K. Rajagopal Reddy Munugodu 458.39
P. Srinivasa Reddy Paleru 433.93
G. Vinod Bellampally 197.12
V. Jagdeeswar Goud Serilingampally 124.49
M. Sunil Kumar Balkonda 104. 13
P. Sudarshan Reddy Bodhan 102.20
K. Hanmantha Reddy Kuthbullapur 95.34
M. Ranga Reddy Ibrahimpatnam 83.78
K. Madanmohan Rao Ellareddy 71.94

Also Read:BJP revokes suspension of MLA Raja Singh ahead of Telangana elections

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