PECUNIARY INTERESTS OF 213 SITTING RAJYA SABHA MPs

Sept. 13, 2019

A report by the Association for Democratic Reforms (ADR) and New Election Watch (NEW) has analysed the pecuniary interests declared by 213 sitting members of Rajya Sabha. 17 Rajya Sabha MPs have not submitted their declarations.

Key findings:

  1. No pecuniary interest: Among the 213 MPs who did submit declarations, 124 (58%) declared NA or “nil” for five pecuniary Interests.

  2. Remunerative directorship: 24 MPs declared that they have some financial interest in this form.

  3. Regular remunerated activity: 30 (14.1%) MPs declared that they have a financial interest in this form.

  4. Shareholding of controlling nature: Forty-four (20.7%) MPs declared such interests.

  5. Paid consultancy: Only two MPs declared they have financial interests in the form of paid consultancy.

  6. Professional engagements: 40 (18.8%) MPs declared financial interests in the form of professional engagement.