A Non governmental organisation, Democratic Reform Association (NRC), which insist in election and political reforms, has published a list of rich and poor candidates in the first phase of 2019 Lok Sabha elections.
The congress party’s candidate from the Chevella constituency of Telangana state, Vishweshwar Reddy, has been named as the richest candidate in the list.
His property value is Rs 895 crore. Rs 223 crore of movable assets and 36 crores of immovable assets are in Reddy’s name.
His wife Sangeetha Reddy (co-managing director of Apollo Group), has RS 613 crore worth movable assets
and and Rs 1.81 crore as immovable assets. and 20 crores of movable assets are in their son’s name.
The next place for Vishweshwar Reddy, who has the highest assets value is the YSR Congress Party’s Vijayawada constituency Prasad V. Potluri. He has many business including doing films.
Similarly among the poorest, is Chevella constituency of Telangana is the United Janata Dal candidate Nalla Prem Kumar. His wealth is only 500 rupees.
Among the contestants in the first phase of 2019 Lok Sabha elections, the richest candidate and the poor candidate contest against each other in the same constituency.