PM's office discloses ministers' assets, with Modi giving a portion of his only holding in real estate

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• Aug 9, 2022 | Poonam Nath

The declaration shows that Modi's movable assets increased from Rs 1,97,68,885 at the end of March 2021 to Rs 2,23,82,504 at the end of March 2022.

Digital Desk: According to the Prime Minister's Office (PMO) website, the value of Prime Minister Narendra Modi's movable assets increased by Rs 26.13 lakh during 2021-22, and he no longer owns any immovable property after donating his share in a residential plot in Gujarat.

The declaration shows that Modi's movable assets increased from Rs 1,97,68,885 at the end of March 2021 to Rs 2,23,82,504 at the end of March 2022, with details provided up to March 31, 2022. Fixed deposit, bank balance, National Savings Certificates, life insurance policies, bank balance, jewelry, and cash on hand are all examples.

Previous declarations show that Modi purchased this property with three other owners on October 25, 2002, when he was Gujarat's, Chief Minister. The cost of the property at the time of purchase was Rs 1,30,488—an expenditure of Rs 2,47,208 was incurred as an investment in development and construction.

According to an examination of the Prime Minister's movable assets, the amount of cash on hand has decreased marginally, from Rs 36,900 last year to Rs 35,250 this year. His bank balance has also decreased from Rs 1,522,480 on March 31, 2021 to Rs 46,555.

According to the most recent declaration, his bank FDR and MOD balance have increased to Rs 2,10,33,226 from Rs 1,83,66,966 at the end of March 2021.

Last year, the PM declared Rs 20,000 as an investment in the L&T Infrastructure Bond (Tax Saving), which he purchased as CM in January 2012. This investment is not included in the declaration for 2022.

His National Savings Certificates (Post) investment is now worth Rs 9,05,105, up from Rs 8,93,251 a year ago. Similarly, his life insurance policies' value increased during this time, rising from Rs 1,50,957 to Rs 1,89,305.

The PM's declaration includes four gold rings (weighing 45 grams) worth Rs 1,73,063 — an increase from Rs 1,48,331 a year ago.

The Prime Minister has written "Not known" in the column detailing the spouse's assets.

The PMO website also includes the most recent declarations of ten Central Ministers: Rajnath Singh, R K Singh, Dharmendra Pradhan, Hardeep Singh Puri, G Kishan Reddy, Jyotiraditya Scindia, Parshottam Rupala, V Muraleedharan, Fagan Singh Kulaste, and Mukhtar Abbas Naqvi, who will step down on July 6, 2022.

The asset details of eight Cabinet ministers are available, and the details of two Ministers of State are also available. Property information for two Ministers of State (Independent Charge) is unavailable.

The asset details of eight Cabinet ministers are available, and the details of two Ministers of State are also available. Property information for two Ministers of State (Independent Charge) is unavailable.

Among Union ministers, Defence Minister Rajnath Singh's movable assets have increased by Rs 29.58 lakh, from Rs 2.24 crore to Rs 2.54 crore as of March 31, 2022. He reported the exact value of the immovable property — Rs 2.97 crore — as in the previous two years.

Singh reported an increase in the value of assets owned by his wife, Savitri Singh, of Rs 8.51 lakh, from Rs 56 lakh last year to Rs 64.51 lakh this year.

Dharmendra Pradhan's net assets have increased in value from Rs 1.62 crore at the end of March 2021 to Rs 1.83 crore. Pradhan reported his spouse, Mridula T. Pradhan, net assets at Rs 2.92 crore, an increase of Rs 11.53 lakh from the previous year.

Parshottam Rupala, Minister of Animal Husbandry, has reported a net worth of Rs 7.29 crore, an increase of Rs 1.42 crore from the previous year. Rupala reported a net worth of Rs 5.59 crore for his wife, Savitaben Rupala, up Rs 45 lakh from the prior year.

As of March 31, 2022, Civil Aviation Minister Jyotiraditya Scindia reported total assets of Rs 35.63 crore and liabilities of Rs 58 lakh. Priyadarshini Raje Scindia, his wife, has reported assets of Rs 14.30 lakh and liabilities of Rs 74,000.

G Kishan Reddy, Minister of Culture, reported total assets of Rs 1.43 crore. He has also reported movable and immovable assets worth Rs 8.21 crore and liabilities worth Rs 75.16 lakh in the name of his spouse, G Kavya.