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Changing India

In Pics | PM Modi's assets at a glance: 8 things to know about his net worth

Updated : 2020-10-16 17:30:17

Here are eight facts that you should know about Prime Minister Narendra Modi's assets.

Prime Minister Narendra Modi and his cabinet colleagues recently declared their wealth, with PM Modi's personal wealth coming in at nearly Rs 2.85 crore as of June 30. The value of PM Modi's assets is almost 10 times lower than that of Home Minister Amit Shah, whose net worth dropped from Rs 32.3 crore to Rs 28.63 crore primarily, due to market volatility. Here are 8 facts about the PM's assets you should know. (Image: Reuters)
Prime Minister Narendra Modi and his cabinet colleagues recently declared their wealth, with PM Modi's personal wealth coming in at nearly Rs 2.85 crore as of June 30. The value of PM Modi's assets is almost 10 times lower than that of Home Minister Amit Shah, whose net worth dropped from Rs 32.3 crore to Rs 28.63 crore primarily, due to market volatility. Here are 8 facts about the PM's assets you should know. (Image: Reuters)
No 1 | PM Modi declared that his personal wealth is Rs 2.85 crore, up by Rs 36 lakh from Rs 2.49 crore declared in 2019. His wealth rose primarily due to addition in the value of his bank fixed deposits. (Image: Reuters)
No 1 | PM Modi declared that his personal wealth is Rs 2.85 crore, up by Rs 36 lakh from Rs 2.49 crore declared in 2019. His wealth rose primarily due to addition in the value of his bank fixed deposits. (Image: Reuters)
No 2 | The PM has zero debt. Yes, Modi has no loans, no EMIs to pay, nor does he owe any financial institution any money. (Image: AP Photo)
No 2 | The PM has zero debt. Yes, Modi has no loans, no EMIs to pay, nor does he owe any financial institution any money. (Image: AP Photo)
No 3 | There were 34 lakh cars that were sold in India in the year 2019 alone (according to Statista) but the Indian PM does not own one. (Image: Reuters)
No 3 | There were 34 lakh cars that were sold in India in the year 2019 alone (according to Statista) but the Indian PM does not own one. (Image: Reuters)
No 4 | Modi has Rs 31,450 cash in hand, while his savings account had Rs 3.38 lakh as of June 2020. (Image: Reuters)
No 4 | Modi has Rs 31,450 cash in hand, while his savings account had Rs 3.38 lakh as of June 2020. (Image: Reuters)
No 5 | His preferred investment or savings instrument is FD. The PM has a fixed deposit of over Rs 1.60 crore. He has no investments in equities. (Image: Reuters)
No 5 | His preferred investment or savings instrument is FD. The PM has a fixed deposit of over Rs 1.60 crore. He has no investments in equities. (Image: Reuters)
No 6 | The 70-year-old owns a plot and a house in Gandhinagar, Gujarat, which is worth Rs 1.1 crore. Modi is part owner of this along with three other family members. (Photo: IANS)
No 6 | The 70-year-old owns a plot and a house in Gandhinagar, Gujarat, which is worth Rs 1.1 crore. Modi is part owner of this along with three other family members. (Photo: IANS)
No 7 | Another favourite investment instrument of the PM seems to be gold as he has four gold rings that weigh around 45 grams and are worth Rs 1.5 lakh. (Image: Reuters)
No 7 | Another favourite investment instrument of the PM seems to be gold as he has four gold rings that weigh around 45 grams and are worth Rs 1.5 lakh. (Image: Reuters)
No 8 | His preferred tax savings tools include life insurance and NSCs. He paid Rs 1.50 lakh for his life insurance and saves Rs 8.43 lakh in taxes via NSCs. (Image: CNBCTV18)
No 8 | His preferred tax savings tools include life insurance and NSCs. He paid Rs 1.50 lakh for his life insurance and saves Rs 8.43 lakh in taxes via NSCs. (Image: CNBCTV18)
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