Telangana has India’s richest RS MP; four are billionaires

Telangana also ranks first among states in the total declared wealth of its Upper House members.

Hyderabad: Telangana has the richest sitting Rajya Sabha MP in the country, and four members of the House from the state are billionaires.

Telangana also ranks first among states in the total declared wealth of its Upper House members.

A report released by the Association for Democratic Reforms (ADR) and National Election Watch on November 2 analysed the affidavits of 230 out of 233 sitting Rajya Sabha MPs. All seven Rajya Sabha MPs from Telangana were included in the study.

According to the report, the seven MPs from Telangana have declared combined assets worth more than Rs 8,310 crore.

Who are the seven Rajya Sabha MPs from Telangana?

Telangana has four MPs from the Congress, three from the Bharat Rashtra Samithi (BRS) and some of them are billionaires.

Telangana MPs declare assets worth Rs 8,310 crore

The combined declared assets of Telangana’s seven Rajya Sabha MPs exceed Rs 8,310 crore. It places the state at the top of the national list.

Punjab ranks second with Rs 5,729 crore, followed by Uttar Pradesh with Rs 3,471 crore. The average declared assets of Rajya Sabha MPs across the country stand at Rs 115.25 crore.

Here is the asset value declared by each Telangana MP:

Telangana MP is the richest in the country, four are billionaires

Dr Bandi Partha Saradhi of the BRS has the highest declared assets among all sitting Rajya Sabha MPs in India.

His affidavit shows assets worth Rs 53,00,21,49,910. Dr Abhishek Manu Singhvi of the Congress ranks third nationally. Rajinder Gupta of Punjab, who belongs to the BJP, occupies the second position.

The ADR report classifies MPs with declared assets exceeding Rs 100 crore as billionaires.

Four of Telangana’s seven Rajya Sabha MPs fall into this category. Andhra Pradesh follows with five out of 11 MPs.

The report also compares the income declared by MPs in their income tax returns.

Dr Abhishek Manu Singhvi ranks first nationally. His income tax return for 2024-25 shows a total income of more than Rs 378 crore. Dr Bandi Partha Saradhi ranks fourth in the country. His income tax return for 2020-21 records a total income of more than Rs 140 crore.

Declared criminal cases

Telangana has the highest percentage of Rajya Sabha MPs with declared criminal cases, according to the ADR study.

Five of the state’s seven MPs have reported criminal cases in their affidavits. The report also shows that three Telangana MPs have declared serious criminal cases.

The four cases declared by Dr Bandi Partha Saradhi are pending under the Drugs and Cosmetics Act. The case reported by Divakonda Damodar Rao relates to defamation.

Dr Abhishek Manu Singhvi, who is on the list of Telangana billionaire MPs, has not declared any criminal cases in their affidavits. Vem Narendar Reddy also did not declare any criminal cases.

The report states that none of the five MPs has a conviction in these cases. All the cases are pending. The existence of a criminal case does not establish that an accused person is guilty.