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Andhra Pradesh’s CM Jagan Mohan Reddy – Wealthiest CM in India: ADR Report

According to a report by the Association of Democratic Reforms (ADR), the Chief Minister (CM) of Andhra Pradesh, YS Jagan Mohan Reddy, has been declared the wealthiest CM in India. He has declared assets worth Rs 594.44 crore. The report also reveals that out of the total 31 CMs in India, 25 are crorepatis (multi-millionaires).

The ADR report also highlights the fact that the average asset of a CM in India is Rs 32.28 crore. This amount has increased by 7% since the last report in 2016. Among the top five wealthiest CMs, three are from the southern states of India, namely Andhra Pradesh, Telangana, and Tamil Nadu.

Jagan Mohan Reddy, who is the son of former Andhra Pradesh Chief Minister YS Rajasekhara Reddy, is the founder of the YSR Congress Party. He was elected as the CM of Andhra Pradesh in 2019.

The report by ADR also reveals that none of the CMs have declared any criminal cases against them, but 17 out of 31 CMs have declared serious criminal cases against them.

This news is significant for students preparing for civil service exams, particularly those preparing for state-level exams in Andhra Pradesh. The report sheds light on the wealth of Indian politicians and highlights the importance of transparency in politics.

Why this News is important:

Wealthiest CM in India: ADR Report

The Association of Democratic Reforms (ADR) has recently released a report on the assets of Chief Ministers (CMs) in India. According to the report, Andhra Pradesh’s CM YS Jagan Mohan Reddy is the wealthiest CM in India, with assets worth Rs 594.44 crore. The report also reveals that 25 out of the total 31 CMs in India are crorepatis (multi-millionaires).

Historical context:

Background information related to the news story, including any relevant history or related events.

India has a federal system of government, where the central government and state governments share powers. In India, the Chief Minister (CM) is the head of the state government. CMs are elected by the members of the legislative assembly (MLAs) of the respective states. The CM is responsible for the overall administration of the state.

The Association of Democratic Reforms (ADR) is a non-profit organization that works towards electoral and political reforms in India. It was founded in 1999 by a group of professors from the Indian Institute of Management (IIM), Ahmedabad. The ADR aims to increase transparency and accountability in politics.

“Key Takeaways from “Wealthiest CM in India: ADR Report”.

Serial Number	Key Takeaway
1	Andhra Pradesh, Telangana, and Tamil Nadu have the top three wealthiest CMs in India.
2	The wealth of Indian politicians continues to grow, with the average asset of a CM in India increasing by 7% since 2016.
3	None of the CMs have declared any criminal cases against them, but 17 out of 31 CMs have declared serious criminal cases.

Wealthiest Chief Minister in India