Jagan Richest In AP Cabinet, Babu Leads Among MLAs!

Thu Jun 27 2019 15:46:16 GMT+0530 (IST)

As per Association for Democratic Reforms (ADR) Report, CM YS Jaganmohan Reddy is the richest member of the AP Cabinet with declared assets worth Rs 510.38 crore. While Peddireddy Ramachandra Reddy stood at second place with Rs 130 crore wealth,  M Gowtham Reddy is at third spot with Rs 61 crore assets.

3 out of 26 Cabinet Ministers declared their annual income is over Rs 1 crore. 23 out of 26 Ministers (88 percent) are crorepatis and their average asset value is about Rs 35.25 crore. Average Wealth of AP Ministers has risen by Rs 12.85 crore.

21 Ministers in AP Cabinet have declared liabilities. Peddireddy Ramachandra Reddy have Rs 20 crore liabilities. While Ch Sriranganadha Raju has liabilities to the tune of Rs 12 crore, M Srinivas declared Rs 5 crore liabilities.

Educational Qualification of Eight Ministers is between 8th to 12th Standard. 18 Ministers in Jagan's cabinet are graduates.

While 12 Ministers are in the age group of 31 to 50 years, 14 Ministers fall between 51 to 70 years. 17 out 26 Ministers declared criminal cases booked against them. 9 of them have been facing serious criminal charges.

Among the MLAs, Chandrababu Naidu is the richest with assets worth Rs 668 crore. 140 YCP MLAs (93 percent) and 22 TDP MLAs (96 percent) are crorepatis. Jana Sena MLA Rapaka Vara Prasad owns Rs 1 crore assets. Average Wealth of AP MLAs stood at Rs 27.87 crore.