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July 25, 2021
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PM Narendra Modi slightly richer, as Home Minister Amit Shah’s net worth dips: PMO

modi amit shah

The asset of Prime Minister Narendra Modi in 2020 has jumped by Rs. 36 lakh compared to last year, whereas the net worth of Union Home Minister Amit Shah tanked against last year’s declaration. The figures came out after asset declarations submitted to the Prime Minister’s Office (PMO).

PM Modi’s asset last year was declared as Rs 2.49 crore while it surged to Rs 2.85 crore as of June 30, 2020. His assets increased as a marginal high due to bank deposits of Rs. 3.3 lakh and returns on safe investments worth Rs 33 lakh during 2019.

The PMO declared PM Modi having Rs 31,450 as cash in hand and a bank balance of Rs 3, 38,173, Bank Fixed Deposit, and MOD balance of Rs 1,60,28,939 at SBI Gandhinagar NSC branch.

PM Modi has no liability in terms of loans and has no personal vehicle against his name. He has in his possession four gold rings, weighing approximately 45 grams and is valued at Rs 1.5 lakh. The declarations also revealed that PM Modi jointly owns a plot in Sector-1 in Gandhinagar, measuring 3,531 square feet.

But, his close aide and Union Home Minister Amit Shah saw his asset depleting in 2020 as compared to last year. As per the declarations, Shah has declared his net worth as Rs 28.63 crore as of June 2020, while it was Rs 32.3 crore in 2019.

Amit Shah has 10 immovable properties which are worth Rs 13.56 crore as per PMO declarations. He Rs 15,814 as cash in hand, Rs 1.04 crore in bank balance and insurance, pension policies worth Rs 13.47 lakh, Rs 2.79 lakh in fixed deposit schemes, and jewelry worth Rs 44.47 lakh.

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