Indian PM Modi owns assets worth Rs 2.23 crore

Indian Prime Minister Narendra Modi owns assets worth Rs 2.23 crore, mostly as bank deposits and savings, but holds no immovable assets now as he donated his share of a piece of land in Gandhinagar, according to a declaration from the Prime Minister’s Office (PMO).

"Immovable property Survey No. 401/A was jointly held with three other joint owners and each having an equal share of 25 per cent is no more owned by the self as the same has been donated,” the declaration on PMO website read.

Modi held a residential plot with three other ones, each having an equal share, purchased by him in October 2002 when he was the chief minister of Gujarat.

According to the declaration till March 31, 2022, the prime minister had Rs 35,250 cash in hand, Rs 9,05,105 in National Savings Certificate with the post office and Rs 1,89,305 in life insurance policies.

PM Modi’s movable assets rose by Rs 26.13 lakh from Rs 1,97,68,885 at the end of March 2021 to Rs 2,23,82,504 at the end of March 2022. He has no investment in any bonds, shares of mutual funds and does not own any vehicle. In jewellery, PM Modi has four gold rings valued at Rs 1.73 lakh, as per PMO declaration.

Of all 29 Cabinet Ministers, Dharmendra Pradhan, Jyotiraditya Scindia, R K Singh, Hardeep Singh Puri, Parshottam Rupala and G Kishan Reddy have declared their own assets as well as their dependents’ for the last fiscal.

Mukhtar Abbas Naqvi, who was a Cabinet minister in the last fiscal and demitted office in July, has also declared his assets.

Source: Times Now News