Delhi Elections 2015: Financial Background of Candidates

Delhi Election Watch and Association for Democratic Reforms (ADR) have analysed the self-sworn affidavits of all 673 candidates who are contesting in the 2015 Delhi Assembly Elections. There are 70 political parties fielding candidates in these elections. In the previous elections in 2013 there were 77 political parties that contested and in 2008 there were 68 political parties that were in the fray. There are 66 (10%) female candidates out of 673 candidates contesting this year. In 2013 there were 71 (9%) female candidates out of 810 candidates in the fray and in 2008 there were 81 (9%) female candidates out of 875 candidates contesting the elections.

  • Crorepati Candidates: 230 (34%) out of 673 candidates are crorepatis. During the previous Delhi Assembly elections in 2013, 265 (33%) out of 796 candidates analysed were crorepatis and in the 2008 Delhi Assembly elections, 180 (23%) out of 790 candidates analysed had declared total assets worth more than Rs. 1 crore.

Stats4

  • High Assets Candidates: 62 (9%) out of 673 candidates declared assets worth more than Rs. 10 crores. The details of the top 3 candidates with the highest assets are as follows;

Stats5

*Total assets include assets of self and others

  • Party-wise Crorepati Candidates: 59 (84%) out of 70 candidates from INC, 50 (72%) out of 69 candidates from BJP, 44 (63%) out of 70 candidates from AAP, 28 (40%) out of 70 candidates from BSP and 27 (14%) out of 195 independent candidates are crorepatis.

Stats6

  • Average Assets: The average assets per candidate for the Delhi 2015 Assembly elections are Rs. 3.32 crores. The average assets per candidate analysed in the previous Delhi Assembly election 2013 were Rs. 3.43 crores and the average assets per candidate analysed in the 2008 Delhi Assembly elections were Rs. 1.77 crores.

Stats7

  • Party-wise Average Assets: Among major parties, the average assets per candidate for 70 INC candidates are Rs 9.60 crores, 70 AAP candidates have average assets of Rs.5.89 crores, 70 BSP candidates have average assets worth of Rs.2.16 crores, 69 BJP candidates have average assets worth of Rs.7.96 crores and 195 independent candidates have average assets of Rs. 63.35 lakhs.

Stats8

Conclusion: In this elections, there are candidates who have negligible assets. Surprisingly, these candidates do not feature in the lists of 4 political parties discussed in this post. This raises a very important question:

Is money power a prerequisite to get a ticket from mainstream party?

In place like Delhi, it is expected to have so many candidates with so much money. But is it a criteria to decide your vote is up to you.

P.S. Data in this Kit is presented in good faith, with an intention to inform voters. Candidates’ affidavits obtained from the ECI website (www.eci.nic.in) with nomination papers is the source of this analysis. Website:-www.adrindia.org, http://www.myneta.info

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