This Article is From Sep 10, 2012

Prime Minister Manmohan Singh's assets worth 10.73 crores, including Maruti 800

Prime Minister Manmohan Singh's assets worth 10.73 crores, including Maruti 800
News: The value of Prime Minister Manmohan Singh's assets have doubled to Rs 10.73 crore from last year, but a number of his cabinet colleagues are much richer than him.

Among the richer cabinet ministers are Praful Patel with assets of approximately Rs 52 crore and Sharad Pawar with property worth around Rs 22 crore, according to the updated list of assets of the ministers posted on the PMO website.

Defence Minister AK Antony has assets worth Rs 55 lakh, the lowest in the list of the cabinet Ministers.

Manmohan Singh has shown residential properties, bank deposits and a Maruti 800 car as his assets.

While the total worth of Manmohan Singh's two flats - in Chandigarh and Delhi - is Rs 7.27 crore, he has bank deposits and investments worth Rs 3.46 crore approximately in various State Bank of India (SBI) accounts.

He has declared total assets of worth Rs 10,73,88,730.81 (Rs 10.73 crore approximately).

Last year, the Prime Minister had declared total assets worth Rs 5.11 crore approximately. The flats owned by him in Chandigarh and Vasant Kunj in Delhi were then valued at a total of Rs 1.78 crore and he owned 150.80 gm of gold jewellery worth Rs 2.75 lakh.

Sources in the Prime Minister's Office (PMO) said though the assets with him have remained the same, the valuation has gone up as the assessment has been done by a government- approved valuator. (Read: PMO clarifies)

The depreciated value of his Maruti 800 car has been shown as Rs 21,033. Singh also owns 150.80 grams of gold jewellery but its value has not been shown in his declaration of assets and liabilities.

Prime Minister Singh also owns a bank account in Dispur in Assam where he has a deposit of Rs 6,515.78 only.


HRD Minister Kapil Sibal and his wife Promila have total assets of Rs 45.33 crore, which includes 8.11 crore of his wife.

Of the Rs 37.22 crore assets owned by Mr Sibal, he has at least 12 properties worth Rs 29.35 crore and cash and bank deposits along with shares and debentures worth Rs 2.82 crore, 3 kilograms of jewellery worth Rs 35.33 lakh and loans and advances of Rs 4.63 crore.

Home Minister Sushil Kumar Shinde has a house whose present worth is Rs 50 Lakh, two flats worth Rs 1.99 crore and Rs 1.25 crore, agricultural land worth Rs 19.76 Lakh, guest house worth Rs 8.22 Lakh, land worth Rs 1.11 Crore.

Mr Shinde also owns a Mitsubhishi tractor worth Rs 1.90 lakh He owes a loan of Rs 10 Lakh to one Raj Shroff.

His wife Ujjwala Shinde owns a flat worth Rs 2.15 crore, two pieces of land worth Rs 15.38 crore and Rs 84 lakh. She also owes a loan of Rs 27 Lakh to one Raj Shroff.

External Affairs minister S M Krishna has assets worth Rs 1.89 crore, including immovable properties of Rs 31.44 lakh.

He owns half share in a residential house at Bangalore and agriculture land in Mandya district and Somanahalli, besides owning a farm house at Somanahalli and a site at Viswapriya Greeneries, Begur. He owns a Sonata and a Lancer car.

Finance Minister P Chidambaram's total assets, including bank accounts and current assets, add up to Rs 11.96 crore approximately.

Mr Chidambaram also has assets and liabilities as part of Hindu Undivided Family. His total assets as part of HUF are Rs 94.04 lakh and liabilities worth Rs 75.52 Lakh. Hence, his net assets here add up to Rs 18.52 Lakh approximately.

His wife Nalini has immovable assets worth Rs 4.82 crore and the total assets add upto Rs 17.81 crore approx. Her liabilities are Rs 1.22 lakh.

Minister for Chemicals and Fertilizers M K Azhagiri has assets worth Rs 9.50 crore.

Civil Aviation Minister Ajit Singh owns six agricultural lands in Durg (Chhattisgarh) and West Uttar Pradesh having a total worth of nearly Rs 13 crore.

His land in Chhattisgarh is worth Rs 5.64 crore. Rest of the pieces of land are in Aligarh, Ghaziabad and other nearby areas. He also owns three flats - two in Delhi and one in Gurgaon-worth Rs 3.75 crore.

Rural Development Minister Jairam Ramesh has assets worth over Rs 56 lakhs.  

Last year, his wife K R Jayashree had assets worth Rs 14,79,148 which included bank balance, fixed deposits, jewellery, silverware and shares.

In the year 2011-12, Mr Ramesh's asset rose to over Rs 4.16 crore after his mother declared him a nominee of her bank deposits worth over Rs 3 crore due to the sale of the house of his parents in Bangalore in September 2011.

New And Renewable Energy Minister Farooq Abdullah has over Rs 98 lakh deposited in bank accounts and has shares in ancestral properties in Jammu and Kashmir.

The value of some of the properties within the share and in possession of Mr Abdullah is over Rs 2.25 crore. Mr Abdullah also earned over Rs 26 lakhs from the sale of family land in Srinagar.

Tourism Minister Subodh Kant Sahay and his wife Rekha Sahay have declared assets worth Rs 70.74 lakh and Rs 1.24 crore, respectively.

Parliamentary Affairs Minister Pawan Kumar Bansal has total assets worth Rs 6.65 crore, including Rs 95.15 lakh of his wife Madhu.

While Mr Bansal has cash and bank deposits worth Rs 62.4 lakh, he owns a share in agricultural land in Mehrauli, Delhi worth Rs five lakh and half-share in a two kanal house in Chandigarh valued at Rs five crore. He also owns a Maruti Esteem car and jewellery worth Rs two lakh.

Information and Broadcasting Minister Ambika Soni has declared a flat in Delhi valued at nearly Rs 3.5 crore in addition to jewellery worth Rs 16 lakh and silver utensils worth over Rs 11 lakh in addition to an Optra car. She has also mentioned a farmhouse owned by her husband in Gurgaon.

Railway Minister Mukul Roy has shown Rs 6 lakh as total income in the Income Tax return and Rs 5.08 lakh in his wife Krishna's name. He has declared Rs 20.07 lakh in his name and Rs 14.97 lakh in his wife's name as total movable assets for the last fiscal.

Health Minister Ghulam Nabi Azad has total assets of Rs 68.59 lakh, including land in Maharashtra worth Rs 5.5 lakh and the remaining in cash and bank balances.

His wife Shameed Azad owns a house and land in Srinagar worth Rs 55 lakh besides a residential flat in Delhi. She has bank deposits and jewellery worth Rs 2.62 crore.

The net worth of Mr Azad and his family as on July 2012 is Rs 3.42 crore along with a flat in Delhi which is not valued.

He has a total net worth of Rs 2.22 crore in cash and deposits along with a flat in Delhi.

Law and Minority Affairs Minister Salman Khurshid has an agricultural land in the name of his family in Gautam Buddha Nagar of Uttar Pradesh worth over Rs 1.30 crore.

While Mr Khurshid himself has cash worth Rs 74.48 lakh, the combined cash holdings of his family - including bank deposits - stand at over Rs 1.22 crore. He has a flat in Jamia Nagar, Delhi worth Rs 5 lakh, his wife Louie owns two flats in Goa gifted by her father.

The Law Minister also owns an agricultural land worth Rs 32 lakh in Farrukhabad in Uttar Pradesh and a barren, non-agricultural land worth over Rs 10 lakh in the same place.

Besides a Mahindra jeep and a Toyota Innova, Mr Khurshid owns a "very old" imported car.

The total worth of immovable property owned by Minister of Urban Poverty Alleviation and Housing Kumari Selja is Rs 12.25 crore approximately.

She owns agricultural and non-agricultural land as well as a residential house owned in partnership with others.

The Minister, who hails from Haryana, also has movable assets worth Rs 9,91,101. She owns a Maruti Esteem car, jewellery (worth Rs 8.61 lakh approximately) and bonds, shares and fixed deposits. Ms Selja's total net worth is Rs 12.34 crore and the total tax and interest paid by her for 2011-12 is Rs 12,04,661.

The net assets of Urban Development Minister Kamal Nath has been declared at Rs 8.85 crore as on March 31 this year while his wife Alka Nath owns assets worth Rs 4.48 crore approximately.

The figure though formidable may seem paltry in comparison to the over Rs 200 crore declaration made by Mr Nath an year earlier. As per the previous year's declarations, Mr Nath was the richest of all Cabinet Ministers.

Mr Nath has also explained the reduction of figures in his declaration.

"In the previous year's declaration, the assets of Shri Nakul Nath, Shri Bakul Nath & Smt Simran Nath were shown.

Since they are not dependent family members, it is not required to include their assets. They have therefore, been excluded this year," Mr Nath's declaration said.

The declaration also said the assets of a private trust for the benefit of Nakul Nath and Bakul Nath, who are non-dependent family members, had also been excluded this year.




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