Photo courtesy: PTI
New Delhi: Prime Minister Narendra Modi’s net worth is ₹3.07 crore, according to his latest declaration. This shows a rise of ₹22 lakh from last year’s ₹2.85 crore, says official data.
Like several ministers, PM Modi has no stock market exposure and his investments are in the form of National Savings Certificate (₹8.9 lakh), life insurance policies (₹1.5 lakh) and L&T infrastructure bonds, which was purchased for ₹20,000 in 2012.
The rise in wealth is mainly because of his fixed deposits in the State Bank of India’s Gandhinagar branch. According to the self-declaration filed by PM Modi, the fixed deposit amounts to ₹1.86 crore as on March 31 which was ₹1.6 crore last year.
There is no vehicle against Modi’s name, though he has four gold rings worth ₹1.48 lakh. His bank balance (₹1.5 lakh) and cash in hand (₹36,000) as on March 31, 2021, are less than last year’s balance.
There is also no new property in Modi’s name since he became the PM in 2014. His only residential property is valued at ₹1.1 crore bought in 2002. Being a joint property, the PM only has one-fourth share in it.
Out of 14,125 square feet property, PM Modi’s rights are over 3,531 square feet.
ALSO READ: Modi Meets Biden: How Was The Chemistry Compared To NaMo-Trump Camaraderie?
Bhubaneswar: Income Tax Department officials conducted simultaneous raids on multiple locations linked prominent mining company…
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi led the state in celebrating Constitution Day on…
Mumbai: Amid suspense over who would head the next Mahayuti government in Maharashtra, Shiv Sena…
Jajpur: A motorcyclist died and a female cop sustained injuries as a gas tanker rammed…
Bhubaneswar: The Odisha Legislative Assembly is set to begin its winter session on Tuesday, on…
Mumbai: After beau Arjun Kapoor declared publicly that he is not dating anyone right now,…
Mumbai: Even though Aishwarya Rai and Abhishek Bachchan have maintained a dignified silence over their…
Bhubaneswar: Siddhant Das has sought to step down as Chairman of Odisha Real Estate Regulatory…