CS Channi's Wealth Down By Rs 5 Crore, Sukhbir Badal's Up By Rs 100 Crore: Report

Punjab polls: The average asset growth for these lawmakers in the last five years is Rs 2.76 crore or 21 per cent, it adds.

Days before the assembly elections in Punjab, the Association for Democratic Reforms (ADR) has come out with a report that shows that Chief Minister Charanjit Singh Channi's wealth has decreased by over Rs 5 crore while that of his predecessor Amarinder Singh has gone up by Rs 20 crore since 2017. The report further says that Sukhbir Singh Badal of the Shiromani Akali Dal (SAD) has seen his net worth increase by Rs 100 crore since the last assembly election.

Chief Minister Channi declared assets worth Rs 14.51 crore in 2017, which went down to Rs 9.45 crore this year, according to the ADR report. Similarly, Punjab Congress chief Navjot Singh Sidhu, saw his wealth drop by Rs 1.25 crore - from Rs 45.90 crore in 2017 to Rs 44.65 crore this year.

The ADR report was released on Wednesday. It is based on the analysis done by ADR and Punjab Election Watch of the affidavits of 101 lawmakers who are contesting the assembly elections again. Punjab will vote for its 117 seats in a single phase on February 20 (Sunday).

The report says that the average assets of these 101 re-contesting MLAs, including those fielded by various parties and independents, in 2017 was Rs 13.34 crore which has now increased to Rs 16.10 crore.