Published On: Fri, Apr 26th, 2019

Modi’s affidavit reveals asset up by 52%; No liabilities

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Prime Minister Narendra Modi filed affidavit Friday along with nomination papers in Varanasi declaring his assets and liabilities. It is learned since 2014 his movable assets have grown by 53 percent and much of it is from fixed deposits in State Bank of India.

Modi stated his total assets are worth Rs 2.51 crore including movable assets of Rs 1,41,36,119, which is more than 100 percent compared to that of 2014.

The primary source of income of the prime minister is income received from the government in form of salary and interest earned on his savings.

As per the submitted affidavit Modi has no liabilities.

In the education category the senior Bharatiya Janata Party leader mentions have completed graduation from Delhi University in 1978 and thereafter post-graduate in 1983 from Gujarat University in Ahmedabad.

Details of Modi’s net worth:

Income

FY18 – 19,92,520
FY17 – 14,59,750
FY16 – 19,23,160
FY15 – 8,58,780
FY14 – 9,69,711

Movable assets

Cash in hand – 38,750
Cash in bank – 4,143
Fixed deposit – 1,27,81,574
Bonds – 20,000
Insurance & NSC – 9,51,813
Gold – 1,13,800 (4 gold rings)
Other assets – 2,26,040
Total Movable – 1,41,36,119

Modi, asset

Immovable assets

Market value of house – 1,10,00,000

Highest educational qualification – Master of Arts

*Figures in Rupees

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About the Author

- Paul Linus is an eminent online journalist who has been writing news, features and editorials on different websites from across the world for about a decade. He can be contacted at knowledgeherald@gmail.com

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