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LATEST NEWS UPDATES | Lok Sabha elections 2019: What assets, occupations of political hopefuls tell us - Gilles Verniers and Priyamvada Trivedi

Lok Sabha elections 2019: What assets, occupations of political hopefuls tell us - Gilles Verniers and Priyamvada Trivedi

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published Published on May 22, 2019   modified Modified on May 22, 2019
-Hindustan Times

The data is extracted by the Association for Democratic Reforms (ADR) and merged with Trivedi Centre for Political Data’s (TCPD) own candidates’ data set.

In this piece, we look at variation in reported wealth between the 2019 candidates of the two national parties, the Bharatiya Janata Party and Congress, breaking it down by declared occupation. To do that, we cross the occupation and net assets data contained in the affidavits that each candidate must fill when they file their nomination (“net assets” are a measure of the difference between the declared assets and declared liabilities of every contestant).

That data is extracted by the Association for Democratic Reforms (ADR) and merged with Trivedi Centre for Political Data’s (TCPD) own candidates’ data set. It is important to note that both these variables, assets and occupation, are self-reported and as such fairly unreliable, for at least five reasons.

First, the socio-professional categories that the candidates report are too broad and undifferentiated.

In particular, the categories of agriculturists, business or social workers are virtually meaningless in and of themselves, unless they are cross tabulated with assets, landholding size or other economic variables. Second, many candidates declare more than one profession, which blurs socio-professional categories and poses issues for classification and further analyses.

For example, there are social workers whose spouse run local petrol pump empires. Third, declared professions often conceal actual sources of revenue.

There are lawyers who also own factories and so on. Fourth, there are candidates involved in illegal or undeclared activities, which by definition are not captured by both the indicators of occupation and assets.

And lastly not all candidates declare their occupation. There are holes in the data.

Keeping these caveats in mind, and for this article, we have consolidated self-declared professions around six large categories that cover over 80% of all candidates.

Candidates with multiple declared occupations have been sorted into one category, which we think predominates.

Please click here to read more.

Hindustan Times, 22 May, 2019, https://www.hindustantimes.com/lok-sabha-elections/lok-sabha-elections-2019-what-assets-occupations-of-political-hopefuls-tell-us/story-o1AQdzStG56loO2f3ZBuDL.htmlPriyam


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