ADR Report: Mamata Banerjee Declared Poorest CM, Chandrababu Naidu Richest with ₹931 Crore Assets + Banking_SBI_Clerk?.ToString()?? Banking_SBI_Clerk?.ToString()+" Current Affairs";

Why in News?
A report by the Association for Democratic Reforms (ADR) revealed the net worth and liabilities of Indian Chief Ministers, with Mamata Banerjee being identified as the poorest Chief Minister in the country with assets worth only ₹15.38 lakh.
Key Highlights of the Report
Chief Ministers with the Lowest Assets
Mamata Banerjee (West Bengal):
Total Assets: ₹15,38,029
Movable Assets: More than ₹15 lakh
Immovable Assets: Zero
Self-Income (2024): ₹15,47,845
Profession: Social Work and Politics
Omar Abdullah (Jammu & Kashmir):
Total Assets: ₹55,24,430
Movable Assets: More than ₹55 lakh
Immovable Assets: Zero
Self-Income (2024): ₹14,52,010
Profession: Politician
Pinarayi Vijayan (Kerala):
Total Assets: ₹1.18 crore
Movable Assets: ₹31,80,766
Immovable Assets: ₹86,95,000
Self-Income (2024): ₹2,87,860
Profession: Politician
Chief Ministers with the Most Liabilities
Pema Khandu (Arunachal Pradesh):
Total Assets: More than ₹332 crore
Liabilities: Not disclosed
Self-Income (2024): Zero
Siddaramaiah (Karnataka):
Total Assets: More than ₹51 crore
Liabilities: More than ₹23 crore
Self-Income (2024): ₹20 lakh
Chandrababu Naidu (Andhra Pradesh):
Total Assets: More than ₹931 crore (Richest CM)
Liabilities: More than ₹10 crore
Self-Income (2024): ₹18 lakh
Additional Insights
Source of the Report:
Based on analysis of candidate affidavits and nomination papers submitted to the Election Commission of India (ECI).
Includes details of income, profession, assets, and liabilities.
Richest Chief Minister:
Chandrababu Naidu is the richest Chief Minister with assets worth over ₹931 crore.
Most Liabilities:
Pema Khandu has declared the highest liabilities among CMs.
Key Terms
Movable Assets: Assets like cash, bank deposits, vehicles, and jewelry.
Immovable Assets: Assets like land, buildings, and properties.
Self-Income: The declared income of an individual from various sources, such as salary, rent, or business.
Significance of the Report
Highlights the economic diversity among Indian Chief Ministers, from low net-worth leaders to billionaire politicians.
Brings transparency into the wealth and liabilities of public representatives, fostering accountability.
Offers insight into the financial status and declarations of Indian political leaders, aligning with public interest.
Way Forward
Strengthen Transparency: Ensure detailed and audited declarations of assets and liabilities.
Public Accountability: Enforce stricter checks on discrepancies in income and asset declarations.
Promote Equity in Politics: Address disparities in financial resources among leaders to ensure level playing fields.
This report underlines the economic spectrum among Indian political leaders and the need for transparency and accountability in public life.