New Delhi: In the latest property announcements submitted by the Prime Minister’s Office (PMO), the Union Council of Ministers including Prime Minister Narendra Modi has made the details of its movable and immovable properties. This shows that PM Narendra Modi’s wealth has increased compared to the previous year, while Home Minister Amit Shah’s property value has decreased due to the fall in share value.
The details of all the ministers can be seen on the official website of the Prime Minister. Details as of 31 March 2020 are available on the website. It is only PM Modi who has given the details till June 30. According to reports, Modi’s wealth has increased slightly, but the property value of Home Minister Amit Shah has decreased due to falling share value. Prime Minister Narendra Modi was the owner of movable and immovable assets worth about Rs 2.85 crore on June 30, 2020. Amit Shah’s assets stood at Rs 32.3 crore in 2019, which was reduced to Rs 28.6 crore as on March 31, 2020.
Do not tell that Prime Minister Modi gets a salary of 2 lakh rupees a month. Talking about cash, he has only 31,450 rupees in his hand. 3.38 lakh is deposited in his savings account as movable property. He has also got a fixed deposit, which is valued at Rs 1,60,28,039. They have four rings of gold. His immovable property has 1.1 million houses in Gandhinagar, in which his family also owns a stake. He has invested a large part of his earnings in term deposits and savings accounts and life insurance. They have no car.
PM Modi is slightly richer than last year, but Home Minister Amit Shah, who belongs to a wealthy Gujarati family, got sank due to losses in the stock market. As of June 2020, Shah has reported his net worth at Rs 28.63 crore as against Rs 32.3 crore announced last year. Shah has 10 immovable properties and all of them in Gujarat. As per the PMO announcements, the assets owned by him and shared inheritance from his mother amount to Rs 13.56 crore.
Amit Shah has Rs 15,814 in cash, Rs 1.04 crore in bank balance and insurance, Rs 13.47 lakh in pension policy, Rs 2.79 lakh in fixed deposit schemes and Rs 44.47 lakh in jewelery. He has declared the value of inherited securities at Rs 12.10 crore and owned securities at Rs 1.4 crore. His total value as on 31 March this year is Rs 13.5 crore, which is lower than the previous year’s announcement of Rs 17.9 crore.
Shah has liabilities of Rs 15.77 lakh. Like Shah, his wife Sonal Amit Shah’s total assets fell to Rs 8.53 crore from Rs 9 crore last year. Her assets have fallen to Rs 2.25 crore from Rs 4.4 crore in the previous year due to the fall in the shares taken by her.
Explain that since Lokpal and Lokayukta Act, 2013, it is mandatory for all public servants to make public their annual income information and this includes the Prime Minister.
Apart from the Prime Minister, most senior ministers including Home Minister Amit Shah, Defense Minister Rajnath Singh, Foreign Minister S Jaishankar, Finance Minister Nirmala Sitharaman have given details of their assets. Some junior ministers, including Ramdas Athawale, Babul Supriyo, have not yet made these details public.