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LATEST NEWS UPDATES | Modi’s net worth ₹3.07 crore, rises by ₹22 lakh, as per his latest declaration -Saubhadra Chatterji

Modi’s net worth ₹3.07 crore, rises by ₹22 lakh, as per his latest declaration -Saubhadra Chatterji

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published Published on Sep 25, 2021   modified Modified on Sep 26, 2021

-Hindustan Times

PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( 8.9 lakh), life insurance policies ( 1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for 20,000

Prime Minister Narendra Modi’s net worth is 3.07 crore as per his latest declaration, a rise of 22 lakh from last year’s 2.85 crore, according to official data.

PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( 8.9 lakh), life insurance policies ( 1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for 20,000.

The increase in wealth is primarily due to his fixed deposits in a Gandhinagar branch of the State Bank of India. According to the self-declaration filed by the PM, the fixed deposit amounts to 1.86 crore as on March 31 as against 1.6 crore last year.

Modi doesn’t own any vehicle. He has four gold rings worth 1.48 lakh. His bank balance ( 1.5 lakh) and cash in hand ( 36,000) as on March 31, 2021 are less than that of last year.

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Hindustan Times, 25 September, 2021, https://www.hindustantimes.com/india-news/prime-minister-narendra-modi-s-net-worth-3-07-crore-rises-by-22-lakh-as-per-his-latest-declaration-101632510551397.html


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