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Reading: 9 crorepatis, 1 PhD among Budgam bypoll candidates
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9 crorepatis, 1 PhD among Budgam bypoll candidates

THE NEWS NOW
Last updated: October 23, 2025 6:16 am
THE NEWS NOW
Published: October 23, 2025
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Srinagar:  Of 17 candidates whose nominations have been accepted for the bypoll in Budgam Assembly constituency, nine are crorepatis, three have criminal cases, while only eight have passed class 12.

Twenty candidates submitted their nominations for the November 11 bypoll, however, nominations of only 17, including seven independents, were accepted.

Of these 17, National Conference (NC) candidate Aga Syed Mehmood is the richest with total assets of more than Rs 15 crore.

A businessman and a former minister, Mehdi has disclosed having Rs 28.02 lakh in movable property and Rs 15 crore in immovable holdings, comprising agricultural, commercial, and residential properties in Budgam.

The 69-year-old also has liabilities of Rs 97.69 lakh, mainly loans against property.

He has reported an annual income of over Rs 52 lakh in the Income Tax Return filed for the year 2024-25.

Apni Party’s Mukhtar Ahmad has declared total assets of Rs 9 crore and liabilities of Rs 6.59 crore.

Other crorepati candidates in the fray, who have declared assets of over Rs 1 crore, are independents Mukhtar Ahmad Bhat, Muntazir Mohi-ud-Din, Nazir Khan, and Aditi Sharma, and BJP candidate Aga Syed Mohsin, National Panthers Party (Bhim) candidate Farooq Ahmad, and Pervez Ahmad of the Republican Party of India.

PDP candidate Aga Syed Muntazir Mehdi has declared assets of Rs 2.37 lakh only in the form of bank deposits.

With no immovable property, Mehdi emerged as one of the least wealthy candidates in the fray.

Two candidates have assets lower than Rs 1 lakh — Jibran Dar, who declared Rs 60,000 in cash and Rs 5.19 lakh in liabilities, and Manzoor Ahmad of Rashtriya Lok Dal, who declared Rs 30,000 in cash and Rs 22,400 in liabilities.

Five candidates have done a Master’s or more, with one candidate, Maqbool Bhat, an independent, having a PhD in astrophysics.

Two candidates have engineering degrees, one has an MBA, and one LLM.

Three candidates have studied up to class 12, two till class 10, and two till class 8.

A majority of the candidates declared having no criminal record.

Three candidates have pending cases.

Apni Party’s Ahmad has a cheating case against him, BJP’s Mohsin has a case of assault and preventing a public servant from discharging his duty, while independent candidate Jibran Dar has a case under Section 132 of the Representation of the People’s Act.

A bypoll in Budgam was necessitated after Chief Minister Omar Abdullah, who won the last election from two places, vacated the seat.

Abdullah decided to represent Ganderbal, a family bastion.

A scrutiny of the nomination papers took place on Wednesday.

Friday is the last day for the withdrawal of nomination.

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