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.

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.

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