Feature
In 5th phase of LS polls, SP candidate Poonam Sinha from Lucknow is richest candidate
Lucknow: Poonam Sinha, wife of Congress leader Shatrughan Sinha and the Samajwadi Party (SP) candidate from Lucknow, is the richest candidate with declared assets of over Rs 193 crore in the fifth phase of Lok Sabha polls, according to the National Election Watch (NEW) and the Association for Democratic Reforms (ADR).
Sinha topped the list of rich candidates with declared assets of over Rs 193 crore followed by Vijay Kumar Mishra, Pragatisheel Samajwadi Party (Lohia) candidate from Sitapur, with over Rs 177 crore assets.
The third on the list was BJP candidate from Hazaribagh Jayant Sinha, with declared assets worth over Rs 77 crore.
Three candidates in the fray have declared zero assets.
According to NEW and ADR, 184 of the 668 candidates contesting in the fifth phase of Lok Sabha elections, have assets worth Rs 1 crore or more. Most of these 184 candidates are from the BJP.
The ADR has analysed the self-sworn affidavits of 668 out of the 674 candidates contesting in the fifth phase of polling on May 6 across 51 Lok Sabha constituencies in seven states.
Samajwadi Party’s candidate Poonam Sinha from Lucknow is richest candidate in 5th phase:
“Six candidates have not been analysed due to unavailability of their properly scanned and complete affidavits, till the time of making this report,” the organisation said.
“Among the major parties, 38 of the 48 BJP candidates, 32 of the 45 Congress candidates, 17 of the 33 BSP candidates, 8 of the 9 SP candidates and 31 of the 252 independent candidates have declared assets more than Rs 1 crore,” it said.
It added that the average worth of assets per candidate contesting in the fifth phase of polling was Rs 2.57 crore.
“Among the major parties, 48 BJP candidates have average assets of Rs 6.91 crore, 45 Congress candidates have average assets of Rs 8.74 crore, 33 BSP candidates have average assets of Rs 3.32 crore, and 9 SP candidates have average assets worth Rs 31.57 crore,” it said.
While 264 candidates have declared their educational qualifications between Class 5 and Class 12, 348 candidates have declared themselves as graduate or above. “Forty three candidates in the race are just literate and six candidates are illiterate,” said the oragnisations.
The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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