Election Affidavit Reveals Wealth Ahead of Bankipur Contest
Political strategist-turned-politician Prashant Kishor has disclosed assets exceeding ₹96 crore in the affidavit submitted along with his nomination papers for the upcoming Bankipur Assembly by-election in Bihar.
The Jan Suraaj founder officially entered the electoral race on Monday by filing his nomination, making the Bankipur bypoll one of the most closely watched political contests in the state.
According to the affidavit, Kishor’s total declared assets stand at more than ₹96.06 crore, comprising both movable and immovable properties.
Break-Up of Prashant Kishor’s Assets
The affidavit provides a detailed financial declaration:
- Movable assets: ₹22.19 crore
- Immovable assets: ₹73.87 crore
- Cash in hand: ₹65,570
The disclosure has been made as part of the mandatory nomination process under Election Commission rules.
100% Ownership in Private Company
The affidavit also states that Prashant Kishor owns 100 per cent stake in a private company.
According to the declaration, the company contributed ₹85 crore to the Jan Suraaj Party and ₹50 lakh to the Jan Suraaj Foundation.
Assets Declared by His Wife
The election documents also include financial details of Prashant Kishor’s spouse.
Her declared assets include:
- Movable assets: ₹89.51 crore
- Immovable assets: ₹12.42 crore
- Cash in hand: ₹1,95,200
Educational Qualifications
Prashant Kishor’s affidavit also outlines his academic background.
According to the declaration, he:
- Completed Class 10 from M.P. High School, Buxar in 1991.
- Passed Class 12 from Patna Science College in 1993.
- Earned a Bachelor of Business Administration (BBA) from Lucknow University between 1996 and 1999.
- Obtained a Master of Health Administration (MHA) between 2001 and 2003.
- Studied the French language at CAVILAM, Vichy, France, in 2010.
Why the Bankipur Bypoll Is Being Held
The by-election was necessitated after BJP leader Nitin Nabin vacated the Bankipur Assembly seat following his elevation to the Rajya Sabha and appointment as the BJP’s national president.
Polling for the constituency is scheduled for July 30, with Prashant Kishor making his own electoral debut after years of working as a political strategist.
Election affidavits are mandatory documents that provide voters with information regarding a candidate’s financial position, educational qualifications and other statutory disclosures, promoting transparency in the electoral process.
Q1. How much wealth has Prashant Kishor declared?
Prashant Kishor has declared assets worth more than ₹96.06 crore in his Bankipur bypoll affidavit.
Q2. What are Prashant Kishor’s movable assets?
His movable assets are valued at ₹22.19 crore.
Q3. What are his immovable assets worth?
His immovable properties are valued at ₹73.87 crore.
Q4. Does Prashant Kishor own a private company?
Yes. The affidavit states that he owns 100% stake in a private company.
Q5. Why is the Bankipur Assembly bypoll taking place?
The by-election was triggered after BJP leader Nitin Nabin resigned as MLA following his move to the Rajya Sabha.
