PM Modi has Rs 38k in cash, owns assets worth Rs 2.51 crore

Prime Minister Narendra Modi has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand, according to his affidavit filed with the Election Commission on Friday.

Prime Minister Narendra Modi. PIB Photo

NEW DELHI: Prime Minister Narendra Modi, who filed his nomination from the Varanasi Lok Sabha constituency on Friday, has movable and immovable assets to the tune of Rs 2.51 crore, according to his affidavit filed with the Election Commission on Friday. He has declared movable assets worth Rs 1.41 crore and immovable assets valued at Rs 1.1 crore. As on March 31, 2019, the prime minister had Rs 38,750 as cash in hand. The prime minister has invested Rs 20,000 in tax saving infra bonds, Rs 7.61 lakh in National Saving Certificate (NSC) and another Rs 1.9 lakh in LIC policies. His cash balance in savings bank account is Rs 4,143. Modi has four gold rings, weighing 45 grams, valued at Rs 1.13 lakh. Modi has named Jashodaben as his wife and declared that he has an M.A. degree from Gujarat University in 1983. The affidavit said he is an arts graduate from Delhi University (1978). He passed SSC exam from Gujarat board in 1967, it said. The prime minister has declared the property details in the affidavit which is a mandatory requirement for filing nomination papers. Modi possess about 3,531 sq ft plot in Sector-1, Gandhinagar. The value of the property, which includes a residential unit on the plot, is assessed to be Rs 1.1 crore, according to the affidavit. While Modi has listed "salary from government" and "interest from bank" as his sources of income, his wife's source of income is mentioned as "not known". Her profession or occupation is also listed as "not known". Modi has declared that he neither has any criminal case pending against him nor has any government dues on him. He also does not own any vehicle. The prime minister, who is seeking a second term from Varanasi parliamentary constituency, had disclosed total assets of Rs 1.65 crore in 2014. In the last five financial years, Modi had declared his annual income as Rs 19.92 lakh (2018), Rs 14.59 lakh (2017), Rs 19.23 lakh (2016), Rs 8.58 lakh (2015) and Rs 9.69 lakh (2014). Modi is seeking re-election from Varanasi Lok Sabha constituency in Uttar Pradesh. In 2014, Modi won the seat by a margin of over three lakh votes against Aam Aadmi Party leader Arvind Kejriwal. Modi got 5,81,022 votes, Kejriwal 2,09,238 votes and Ajay Rai of Congress managed about 75,614 votes. (With inputs from agencies)