Across the country, the 102 MPs who were re-elected during this period registered an average asset growth of ₹17.36 crore — an increase of 110 percent over 10 years.
Published Jan 08, 2026 | 1:08 PM ⚊ Updated Jan 08, 2026 | 1:08 PM
Lok Sabha chamber of the new Parliament building. (Creative Commons)
Synopsis: The Association for Democratic Reforms recently released data on the growth of the assets of re-elected Members of Parliament between the 2014 and 2024 Lok Sabha elections. Andhra Pradesh stands out prominently in the ADR data due to the presence of some of the fastest-growing political fortunes. While Telangana does not feature as prominently as Andhra Pradesh, the underlying dynamics are not fundamentally different.
The latest analysis by the Association for Democratic Reforms (ADR) on the assets of re-elected Members of Parliament between the 2014 and 2024 Lok Sabha elections throws light on how fast a Member of Parliament’s assets could grow.
Across the country, the 102 MPs who were re-elected during this period registered an average asset growth of ₹17.36 crore — an increase of 110 percent over 10 years.
While this trend is national in character, its implications are particularly stark in states like Andhra Pradesh and Telangana, where money, incumbency, and political continuity appear deeply intertwined.
Andhra Pradesh stands out prominently in the ADR data due to the presence of some of the fastest-growing political fortunes.
YSRCP MP PV Midhun Reddy, representing the Rajampet constituency, figures among the top three re-elected MPs nationwide in terms of absolute increase in assets. His declared wealth rose by ₹124.25 crore — from ₹22.59 crore in 2014 to ₹146.85 crore in 2024 (550 percent).
The rate of growth of assets of other MPs from both states is as follows:
YS Avinash Reddy (YSRCP): Rose by ₹33.38 crore; from ₹7.04 crore in 2014 to ₹40.43 crore (474%)
Asaduddin Owaisi (AIMIM): Rose by ₹19.81 crore; from ₹4.06 crore in 2014 to ₹23.87 crore(488%)
K Rammohan Naidu (TDP): Rose by ₹14.89 crore; from ₹8.41 crore in 2014 to ₹14.89 crore(177%)
This dramatic increase does not seem to be an individual phenomenon. It is a pattern in Andhra Pradesh politics, where a small group of entrenched leaders have consistently retained parliamentary seats while also witnessing exponential asset growth.
The state’s post-bifurcation political landscape, marked by intense electoral competition and high campaign spending, has arguably reinforced the advantages of wealth in sustaining political dominance.
Re-election, in this context, appears less about ideological continuity and more about the capacity to mobilise resources, influence, and visibility over successive election cycles.
While Telangana does not feature as prominently as Andhra Pradesh in the list of top asset gainers nationally, the underlying dynamics are not fundamentally different.
The state’s political leadership, dominated since its formation by a relatively compact ruling elite, has seen repeated parliamentary mandates concentrated among a limited set of leaders.
The ADR’s nationwide findings show that asset growth among re-elected MPs is not an aberration but a structural trend, cutting across party lines and regions
In Telangana, where electoral contests are often tightly managed by party organisations and leadership hierarchies, re-election tends to favour candidates with financial resilience. The absence of Telangana MPs from the very top of the national asset-growth table, by and large, reflects the correlation between wealth accumulation and political continuity.
The Andhra Pradesh and Telangana experience underscores a deeper democratic concern flagged by the ADR analysis: re-election increasingly coincides with rapid personal wealth accumulation.
When the average assets of re-elected MPs more than double in a decade, it raises inevitable questions about access to power, regulatory oversight, and the barriers faced by less affluent political aspirants.
(Edited by Muhammed Fazil.)
