Maharastra polls: Mahayuti candidates’ wealth grew 17 times faster than average Indian’s, says study
The assets of the ruling coalition’s leaders appreciated by about 120% in five years, from a median of Rs 21.5 crore in 2019 to Rs 47.1 crore in 2024.
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The wealth of Mahayuti candidates contesting the Maharashtra Assembly elections this month grew 17 times faster than the wealth of the average Indian citizen between 2019 and 2024, according to a study released on Tuesday.
The Mahayuti alliance comprises the Bharatiya Janata Party, the Chief Minister Eknath Shinde-led Shiv Sena faction and the Nationalist Congress Party faction led by Deputy Chief Minister Ajit Pawar.
The three parties are also part of the National Democratic Alliance at the Centre.
The study was conducted by MumbaiVotes.com, which is part of the Informed Voter Project, a non-profit civil society organisation.
The collective analysed the annual growth rate of the wealth of major candidates from both the Mahayuti and Maha Vikas Aghadi coalitions.
The Maha Vikas Aghadi comprises the Shiv Sena (Uddhav Balasaheb Thackeray), Sharad Pawar’s faction of the Nationalist Congress Party and the Congress. They are part of the Opposition INDIA bloc at the national level.
In a press release on Tuesday, the Informed Voter Project said that the wealth of Mahayuti candidates grew by approximately 120%, from an average of Rs 21.5 crore in 2019 to Rs 47.1 crore in 2024.
In comparison, the wealth of Maha Vikas Aghadi candidates grew by about 62% in the same time, from an average of Rs 16.4...
