India’s richest lawmakers aren’t just asset-heavy; many are also carrying substantial debt. Here are top 10 sitting Rajya Sabha MPs with highest liabilities running into tens, even hundreds, of crores, per a report by Association for Democratic Reforms.
2 Min Read
1. Parimal Nathwani | With liabilities of over ₹209 crore, Nathwani tops the list by a wide margin, which stands out sharply despite assets nearing ₹396 crore. (Image: Parimal Nathwani website)
2. Alla Ayodhya Rami Reddy | Reddy follows with liabilities exceeding ₹154 crore, backed by massive assets of ₹2,577 crore. Unlike others, his liabilities show no disputed component, suggesting clearer financial disclosures.
3. Jaya Amitabh Bachchan | The veteran actor-politician has liabilities of about ₹149 crore against assets worth ₹1,578 crore. Her financial profile highlights how even ultra-wealthy MPs carry substantial debt. Notably, there are no disputed liabilities in her declaration. (Image: PTI)
4. Kapil Sibal | Senior lawyer and MP Kapil Sibal has liabilities of over ₹92 crore. Compared to his ₹608 crore assets, the debt is sizable but proportionate. His disclosures show no disputed liabilities. (Image: Facebook/Kapil Sibal)
5. Meda Raghunadha Reddy | Reddy’s liabilities stand at over ₹82 crore, with assets crossing ₹475 crore. His financials place him firmly among the top debt-heavy MPs, though without any disputed liabilities. (Image: X/@meda_MP_RS)
6. Masthan Rao Yadav Beedha | Beedha has liabilities of about ₹75 crore, including a substantial disputed portion exceeding ₹16 crore. But he has assets worth around ₹264 crore. (Image: Facebook/ Beeda Masthan Rao)
7. Kamal Haasan | Haasan has declared around ₹49 crore in outstanding dues. His liabilities sit alongside a substantial asset base of over ₹305 crore. The actor-politician’s financial profile reflects a mix of high-value real estate holdings and borrowings. (Image:X screengrab sansad TV)
8. Divakonda Damodar Rao | Damodar Rao has liabilities of about ₹49 crore against assets of ₹124 crore. His financials show no disputed liabilities, pointing to relatively clean declarations. (Image: Facebook/Vijay Sai Reddy)
9. Desai Babubhai Jesangbhai | Jesangbhai rounds out the list with liabilities of over ₹30 crore and assets of about ₹347 crore, with ₹1 crore disputed. (Image: Facebook/@Babubhai J Desai)
10. Yerram Venkata Subba Reddy | Reddy has assets worth ₹118 crore and liabilities worth ₹29 crore. (Image: PTI)