Assets of re-elected MPs in India rise by 110% on average, check details of Gujarat MPs here

The declared assets of several Gujarat Members of Parliament have grown substantially over the last decade, according to a fresh analysis released by the Association for Democratic Reforms (ADR). 

According to the report, ADR examined the affidavits of 102 out of 103 MPs who were re-elected between 2014 and 2024. In Gujarat, seven MPs were elected again during this period, with notable variations in the growth and decline of their personal wealth.

Jamnagar MP Poonamben Madam recorded the sharpest rise in assets among the repeated MPs from the state, with an increase of approximately ₹130 crore over the 10-year period. Whereas Union Minister and former Gujarat BJP president C R Patil witnessed a significant decline in his declared assets, which fell by around 47% during the same timeframe.

Other Gujarat MPs also reported notable asset growth. Vinod Lakhamshi Chavda, BJP MP from Kachchh (SC), saw his assets rise from about ₹56 lakh in 2014 to over ₹7 crore in 2024—an increase of more than 1,100%. Parbhubhai Nagarbhai Vasava of Bardoli (ST) reported an increase of around ₹3.1 crore, while Devusinh Chauhan of Kheda and Rajeshbhai Naranbhai Chudasama of Junagadh also recorded asset growth of more than ₹2 crore each over the decade.

On national levels, the study shows that the average assets of 102 MPs who were consecutively elected in the 2014, 2019 and 2024 Lok Sabha elections increased by an average of 110% between 2014 and 2024.

As per the analysis of election affidavits, the average declared assets of these 102 MPs stood at ₹15.76 crore in 2014. This figure rose to ₹24.21 crore by 2019 and further climbed to ₹33.13 crore in 2024.

The average wealth of these repeatedly elected MPs grew by ₹17.36 crore over a span of 10 years.

Meanwhile, eight INC MPs recorded a rise in their declared assets. They were re-elected between 2014 and 2024, with their average assets increasing from ₹5.16 crore in 2014 to ₹12.16 crore in 2024. This represents an average rise of nearly ₹7 crore per MP, translating into a percentage increase of about 135% over 10 years.