who is the richest candidate in Loksabha phase 1 election ?

The announcement for the 2024 Lok Sabha elections has been made, and all national and regional parties have plunged into election campaigning. Parties have also declared the names of their candidates. Every candidate who enters the electoral fray is required to submit a full declaration of their assets and liabilities in their election affidavit. The Lok Sabha elections of 2024 will commence on April 19 and will be conducted in seven phases. Based on the assets declared by the candidates in their election affidavits, we are here to provide information about the wealthiest candidates contesting in the first phase of the Lok Sabha elections.

Nakul Nath is the wealthiest candidate: According to a recent report by the Association for Democratic Reforms (ADR), Nakul Nath, son of former Chief Minister Kamal Nath from Chhindwara (Madhya Pradesh), is the wealthiest candidate contesting in the first phase of the Lok Sabha elections. Nakul Nath has declared assets worth 716 crores, which is the highest among all candidates in the first phase. Nakul Nath (Madhya Pradesh) Constituency: Chhindwara Party: Congress Moveable Assets: Rs. 668,861,869 Immovable Assets: Rs. 480,786,443 Total Assets: Rs. 716,940,513

Chhindwara is considered a stronghold of the Congress party. Since 1952, Congress has held sway over this constituency, with a brief interlude in 1997 when the BJP managed to secure victory. However, Congress has dominated the region for a significant period. Kamal Nath held control over this seat for over two decades from 1998 to 2019. Nakul Nath succeeded his father in 2019 and has since maintained a strong presence in the constituency.

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