16th Lok Sabha: Top 5 Super-rich Indian MPs

BANGALORE:  The newly elected 16th Lok Sabha has the maximum number of MPs who have declared assets that run in crores of rupees. According to a survey by the Association of Democratic Reforms, a civil society group that vies for transparency in Indian politics, 82 percent of the members are crorepatis, with the average asset of party MPs estimated at 14.6 Cr. Out of which, let us check out the five richest MPs of 16^th Lok Sabha as per the ADR report.

Jayadev Gala:  An Entrepreneur and Guntur MP belonging to Telugu Desam Party, Jayadev Galla, with total assets of over 683 crore, is the wealthiest parliamentarian in the 16^th Lok Sabha.

This is based on the assets he declared during filing his nomination papers. He is also the managing director of Amara Raja batteries that sells the famous 'Amaron' batteries. Jayadev has won appreciation from Guntur people for his vision to develop the constituency and is voted to power with huge majority of 69,633 against YSR Congress Party candidate Balashowry Vallabhaneni. Jayadev is the son of former minister Galla Aruna Kumari. He ventured into politics on 8 March 2014.

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