Sunday, November 6, 2011

Rs 32 vs Rs 3.3 crore growth of UPA ministers

Rs 32 vs Rs 3.3 crore growth of UPA ministers 
 

As a lot of heat and dust is being raised on the Planning
Commission's affidavit to the Supreme Court on determining the new poverty line
based on a day's earning of Rs 32 by person, the parameters of poverty seems to
have lost any meaning for country's policy planners as the average
income of a minister in the Manmohan Singh government increased by Rs 3.3 crore
during the last two years.
"The average asset value of a
minister in the current ministry is Rs 10.63 crore. In 2009, the average asset value of a minister was Rs 7.3
crore. Thus the current ministers on an average are Rs 3.3 crore richer than in
2009," says NGO, Association for Democratic Reforms (ADR) in its detailed
analysis of ministers' assets made public recently.

ADR, which has been keeping a constant watch on the
behaviour of country's law makers after the Supreme Court had made
declaration of their assets and criminal antecedent mandatory in 2002, got the
analysis done by their activists Anil Bairwal, professor Jagdeep Chhokar and professor
Trilochan Sastry after the PMO had made public the details of the wealth of 59
ministers.

There is every likelihood of further change in the figure
of Rs 3.3 crore average increase in the asset value of the UPA ministers as 19 of
them have not yet made public the details of their wealth, the ADR says.
Of the 59 ministers who declared their assets, DMK leader
S. Jagathrakshakan's wealth witnessed a phenomenal increased of Rs 64.4
crore during the last two years. He had declared his assets worthRs 5.9 crore during
2009 elections but a
statement sent by him to the PMO now showed his wealth worth Rs 70 crore, according to the NGO.

However, 'poverty' has stuck some ministers with 15 of
them registering a marginal decrease in the net value of their assets as compared
to declarations made during 2009 elections.
http://www.deccanchronicle.com/channels/nation/north/rs-32-vs-rs-33-crore-growth-upa-ministers-583
 

Thanks & Regards,

Sudhir Srinivasan
B.Arch, MSc.CPM,Dip.ID, Dip.CAD, Dip.PM
|Architect|

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