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Abhishek Manu Singhvi, Vijay Mallya are top earners in Rajya Sabha NEW DELHI: With 58% of their tribe in the crorepati club, Rajya Sabha MPs have several interests that include remunerative directorship, paid consultancy and company shares. Significantly, of the 232 MPs who have declared their business and financial interests, 140 of them, including Prime Minister Manmohan Singh, have said that they do not have any pecuniary interests. The MPs who have declared the highest remuneration-cumulative of directorship, regular remunerated activity and professional engagement-include Abhishek Manu Singhvi, who tops the chart at Rs 50 crore per annum, followed by Vijay Mallya (Rs 41.4 crore), Arun Jaitley (Rs 10 crore), Ram Jethmalani (Rs 8.41 crore) and Naresh Gujral (Rs 4.79) crore. In their declaration forms given to Election Commission, some of these 140 MPs have declared assets worth crores. According to Election Commission data, about 58% of RS members are crorepati. It is interesting to see that they have assets yet no regular pecuniary interests, said Anil Bairwal, national coordinator, National Election Watch and Association for Democratic Reforms (ADR). According to RS rules, all members are expected to submit their financial interests and professional consultancies within 90 days of taking oath. All except 10 MPs, who have recently been nominated and have not completed 90 days in office, must declare their interests under five heads-remunerative directorship, shareholding of controlling nature, regular remunerated activity, paid consultancy and professional engagement. Back |
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