Andhra Pradesh CM N. Chandrababu Naidu holds the title of the wealthiest chief minister in India, with declared assets totaling ₹931 crore. Meanwhile, Telangana CM A. Revanth Reddy faces the highest number of criminal cases among his peers, with 89 cases filed against him, including 72 categorized under serious IPC sections.
A detailed analysis by the Association for Democratic Reforms (ADR) and National Election Watch (NEW), based on self-declared affidavits of 31 chief ministers, reveals that Naidu has minimal liabilities of just ₹10 crore. Karnataka CM Siddaramaiah ranks third in terms of wealth, with assets worth ₹51 crore.
Richest and Poorest Chief Ministers in India
The latest report by the Association for Democratic Reforms (ADR) reveals a significant disparity in the wealth of India’s chief ministers. Andhra Pradesh CM N. Chandrababu Naidu is the richest, with assets worth over ₹931 crore. On the other hand, West Bengal CM Mamata Banerjee is the least wealthy, with assets valued at just ₹15 lakh.
Average Wealth of CM in India
Across 31 CMs, the average asset value is ₹52.59 crore. Together, their combined assets amount to ₹1,630 crore. This highlights a considerable gap in the financial standing of different state leaders.
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Top Three Wealthiest Chief Ministers
The following are the top three wealthiest CMs in India:
- N. Chandrababu Naidu (Andhra Pradesh): ₹931 crore in assets.
- Pema Khandu (Arunachal Pradesh): ₹332 crore in assets.
- Siddaramaiah (Karnataka): ₹51 crore in assets.
Poorest Chief Ministers
The following are the top three poorest CMs in India:
- Mamata Banerjee (West Bengal): ₹15 lakh in assets, making her the least wealthy.
- Omar Abdullah (Jammu and Kashmir): ₹55 lakh in assets.
- Pinarayi Vijayan (Kerala): ₹118 crore in assets.
CMs with High Liabilities
While some leaders have significant assets, they also carry heavy liabilities:
- Pema Khandu: ₹180 crore, the highest liabilities among all.
- Siddaramaiah: ₹23 crore in liabilities.
- Chandrababu Naidu: ₹10 crore in liabilities.
Criminal Cases Against Chief Ministers
The report shows that many CMs face legal issues:
- 42% of CMs (13 out of 31): Have declared criminal cases.
- 32% (10 CMs): Face serious charges, including attempt to murder, bribery, kidnapping, and criminal intimidation.
Representation of Women Among Chief Ministers
Out of the 31 CMs, only two are women:
- Mamata Banerjee (West Bengal).
- Atishi (Delhi).
The average self-declared income of a Cm is ₹13,64,310, which is 7.3 times higher than India’s per capita net national income of ₹1,85,854 for 2023–24. This significant difference highlights the financial advantage of political leaders compared to the average citizen.
The ADR report sheds light on the wealth and liabilities of India’s CMs, along with the legal cases they face. It also highlights the vast financial differences between state leaders and ordinary citizens, raising questions about transparency and accountability in governance.
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FAQs
Q.1. Who is the richest chief minister in India?
Ans. Andhra Pradesh CM N. Chandrababu Naidu is the wealthiest, with assets totaling ₹931 crore.
Q.2. Which chief minister has the most criminal cases?
Ans. Telangana CM A. Revanth Reddy has 89 criminal cases filed against him, including 72 serious charges.
Q.3. What is the average wealth of India’s chief ministers?
Ans. The average asset value of India’s CM is ₹52.59 crore.
Q.4. Who are the poorest chief ministers in India?
Ans. West Bengal’s Mamata Banerjee is the least wealthy, with assets worth just ₹15 lakh.
Q.5. How much more do chief ministers earn compared to the average citizen?
Ans. The average income of a CM is ₹13,64,310, about 7.3 times higher than India’s per capita net national income.