Modi has assets worth Rs 3.02 crore, no house or car.

PM Modi declares assets worth Rs 3.02 crore in his nomination papers for Varanasi Lok Sabha constituency, including cash and fixed deposits in SBI.

May 14th 2024.

Modi has assets worth Rs 3.02 crore, no house or car.
In Varanasi, a bustling city in northern India, a significant announcement was made by Prime Minister Narendra Modi on Tuesday. As part of the election process for the Varanasi Lok Sabha constituency, PM Modi filed his nomination papers and declared his total assets, which amount to a whopping Rs 3.02 crore. This declaration was made through an affidavit submitted by the Prime Minister himself.

According to the details in the affidavit, PM Modi has a sum of Rs 52,920 in cash, and a substantial amount of Rs 2.85 crore in fixed deposits held at the State Bank of India. The total value of his assets is estimated to be Rs 3,02,06,889. Interestingly, the Prime Minister has not declared any immovable assets, indicating that he does not own a house or a car.

The document also reveals that PM Modi's income has seen a significant increase in recent years. In 2018-19, his income was recorded at Rs 11.1 lakh, which has now more than doubled to Rs 23.56 lakh in 2022-23. The affidavit also lists four gold rings, with a total worth of Rs 2.67 lakh, as part of the Prime Minister's assets.

It is noteworthy that in the previous Lok Sabha elections in 2014 and 2019, PM Modi had declared assets worth Rs 1.66 crore and Rs 2.51 crore, respectively. This shows a steady growth in his assets over the years. The Prime Minister, who first contested from Varanasi in 2014 as the NDA's prime ministerial candidate, is now seeking a third consecutive term from the seat. The Varanasi constituency is set to go to the polls on June 1 in the seventh and final phase of the elections.

The declaration of assets by PM Modi has garnered widespread attention and has become a topic of discussion among the public. It provides insight into the financial status of the Prime Minister and his growth over the years. As the nation eagerly awaits the outcome of the elections, this announcement adds a new dimension to the ongoing political discourse.

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