Overview

• West Bengal’s Mamata Banerjee reports a little over Rs 15 lakh in assets, the lowest among 31 chief ministers in the latest ADR analysis.
• N. Chandrababu Naidu leads with declared assets above Rs 931 crore, followed by Pema Khandu at about Rs 332 crore, the only two billionaires on the list.
• The combined declared assets of the 31 chief ministers total roughly Rs 1,630 crore, according to ADR.
• Banerjee’s figures reflect her affidavit for the September 30, 2021 Bhowanipore by-election, with a decline from Rs 30.4 lakh declared in 2016.
• ADR highlights concerns over limited verification of affidavits and notes that rising election expenditures are making contests more money-intensive.