Why Modi Became Richer And Amit Shah Poorer?

Update: 2020-10-16 03:16 GMT
On Thursday, all the union ministers and key BJP leaders disclosed their assets to the public. This is an annual feature of the Modi government ever since it came to power. The interesting feature this year is that Prime Minister Narendra Modi has become richer, while his alter-ego and Union Home Minister Amit Shah has become poorer.

The assets of Prime Minister Narendra Mogi have grown from Rs 2.49 crore in 2019 to Rs 2.85 crore in 2020. Thus, an increase of Rs 36 lakh was shown. This is because of the income in the form of interest on his bank balance and the fixed deposits.  The prime minister does not own a car and has no liabilities. But, he owns a plot of 3531 sq.yards in Gandhi Nagar. This is a common property that he shares with four persons.

But, during the same time, Amit Shah's assets have shown a downturn. The chief reason is that he has invested most of his monies in the stock market and a downward trend in the stock market has led to the devaluation of his assets. Ministers like Rajnath Singh, Nitin Gadkari and Nirmala Sitaraman too have shown modest assets.

But, who is the richest minister in Modi cabinet? It is Railway Minister Piyush Goel. Piyush Goel's assets are estimated to be at Rs 27.47 crore. His wife his wife Seema Goel, who is a business woman, owns assets worth Rs 50.34 crore. The Goels also own a joint family assets worth Rs 45.65 crore. Thus the total worth of the minister is pegged at 78.27 crore.
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