Lok Sabha polls: Who is Pallavi Shrinivas Dempo, Goa BJP leader and richest candidate in Phase 3 with ₹1,361 cr assets?

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Business News/ Politics / News/  Lok Sabha polls: Who is Pallavi Shrinivas Dempo, Goa BJP person and richest campaigner successful Phase 3 with 1,361 cr assets?

3 min read 29 Apr 2024, 03:39 PM IST checkcibilBtn

Written By Gulam Jeelani

Pallavi Shrinivas Dempo, the BJP campaigner from South Goa, is the wealthiest successful Lok Sabha elections Phase 3 with ₹1,361 crore wealth. Her assets see institution shareholdings and luxury homes successful Dubai and London. Elections for 94 seats successful 12 states are scheduled for May 7.

Pallavi Shrinivas Dempo formally joined the BJP aft  her sanction  from the spot   was announced earlier this month.Premium Pallavi Shrinivas Dempo formally joined the BJP aft her sanction from the spot was announced earlier this month.

Of the 1,352 candidates contesting successful the 3rd signifier of Lok Sabha elections, 392 are Crorepatis, according to an investigation by predetermination watchdog, Association for Democratic Reforms (ADR). As galore arsenic 94 Lok Sabha seats crossed 12 states and Union Territories volition spell to the polls successful the 3rd signifier connected May 7.

With a declared wealthiness of 1,361 crore, Bharatiya Janata Party's (BJP) South Goa campaigner Pallavi Shrinivas Dempo is the richest successful the Phase 3 elections. Dempo is followed by Union Minister Jyotiraditya M Scindia, who owns 424 crore. Scindia is contesting elections from Guna successful Madhya Pradesh.

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Chhatrapati Shahu Shahaji, the Congress campaigner from Maharashtra's Kolhapur, is the 3rd richest campaigner successful Phase 3 of Lok Sabha elections. Shahaji has declared a wealthiness of 342 crore successful his affidavit.

Luxury cars, apartments successful Dubai, London

Dempo is the richest campaigner to person ever contested immoderate polls successful Goa and the wealthiest among those successful the fray successful the 3rd signifier of polling connected May 7 crossed the country.  

Pallavi Dempo, successful her 119-page affidavit, has declared assets worthy 255.44 crore. Her spouse, Shrinivas Dempo, has declared assets of 998.83 crore. Pallavi Dempo filed her information for the South Goa spot connected April 16.

Most of the wealthiness shown successful the affidavit is from shareholdings successful 81 companies and bonds purchased successful immoderate of the apical brands and banks. The Dempos person interests successful mining, shipbuilding, sports, luxury homes successful Dubai and London, luxury cars, jewellery and different investments.

Pallavi Dempo, a subordinate of 1 of Goa’s salient concern families, is besides the BJP’s first-ever pistillate Lok Sabha campaigner successful Goa.

Dempo Industires 

Pallavi Dempo, the enforcement manager of Dempo Industries Ltd and trustee of Dempo Charities Trust, besides oversees the media and existent property vertical of the group. Her husband, Shrinivas Dempo, is the president of Dempo Group of Companies. 

The radical has been successful the mining concern earlier diversifying into the existent estate, nutrient processing, shipbuilding, paper publishing and calcined petroleum coke businesses, according to a study successful the Indian Express.

In the arguable electoral bonds information released recently, Shrinivas Dempo had purchased electoral bonds worthy 1.25 crore successful a idiosyncratic capableness successful January 2022 – a period earlier the Goa Assembly elections. Of this, bonds worthy 50 lakh were redeemed by the BJP. 

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Pallavi Dempo formally joined the BJP aft her sanction from the spot was announced earlier this month. She is simply a Chemistry postgraduate from Parvatibai Chowgule College, Goa, and has a postgraduate grade successful concern absorption (MBA) from MIT, Pune.

The South Goa spot is considered a Congress bastion. The expansive aged enactment has won the spot 10 times portion the BJP has bagged it doubly – successful 1999 and 2014. 

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Published: 29 Apr 2024, 03:39 PM IST

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