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Modi Don't Even Have Rs 50000 Cash

By:  Tupaki Desk   |   19 Sep 2018 10:28 AM GMT
Modi Dont Even Have Rs 50000 Cash
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Chandrababu Naidu was rated as the Richest Chief Minister in India few months ago. Guess, How much is the net worth of PM Narendra Modi? It's way too less than the yearly earnings of many CMs in the country.

Believe it or not, Modi's cash-in-hand is just Rs 48,944 as of March 31st this year. Last year, It was around Rs 1.5 lakh and that means a significant drop of 67 percent.

Net Worth of PM Modi is 2.28 crore. While Rs 1.28 crore is in the form of movable assets, Residential Property owned by PM in his home town Gandhinagar is worth Rs 1 crore. In 2002, Modi purchased 1/4th part in 3,531.45 sq ft for just 1 lakh.

PM have a Bank Balance of Rs 11.29 lakh in SBI's Gandhinagar Branch. He invested 1.07 crore in Fixed Deposits and MOD (Multi Option Deposit Scheme).

Modi doesn't own even have a vehicle and didn't purchase gold jewellery since becoming PM. He owns only 4 gold rings worth Rs 1.38 lakh. PM didn't obtain loan from any of the banks.