Soumitra
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http://timesofindia.indiatimes.com/...ets-worth-Rs-1-crore/articleshow/17431229.cms
Hmm
That was when he was minister
2012
Narendra Modi declares his income, owns assets over Rs 1 crore
The value of assets owned by Gujarat Chief Minister Narendra Modi has crossed the Rs 1 crore mark in 2012, from Rs 40 lakh five years ago, as per his affidavit accompanying the nomination papers for Assembly elections.
50-55 % nice gain
Now private jet , life of luxury and chai the declared assets in 2012 show he had Crore stashed
See when you have "Income" that is not taxed , your $$$ grows really fast
Crore PATI !! Modi , yet his family members are so poor and one died and he could not spare some change what a lovely intriguing story
He doubled his income in minister years ? from 40 Lakh to Over Carore
Now 4 years later ? What is his net worth ? 2 Carore ? 5 Carore ?
My uncle was sick so my father sent some cash to help his health bill , my father used some credit line and then paid it off from bank ..... nice and simple ....Is that not normal , the rich uncle helps the poor neice ?
So he had over 1 Carore property in 2012
Now may be 2 Carore - 5 Carore in 2016 (May be more)
Yet he could not help some of his relatives
Isn't it just a little odd little story , with hint of made up sentiment
Modi has assets over Rs. 1 crore
PTI
A file photo of Narendra Modi.
Prime Minister Narendra Modi does not seem to keep much cash in hand even as his total assets have gone up to Rs. 1.41 crore — largely due to a residential property that has appreciated by more than 25 times since purchase over 13 years ago.
According to the latest details of his assets disclosed by the Prime Minister’s Office, Mr. Modi had total ‘cash in hand’ of just Rs. 4,700 at the end of the last fiscal, down from Rs. 38,700 disclosed mid-fiscal as on August 18, 2014.
However, the total value of Mr. Modi’s movable and immovable assets during this period has grown from Rs. 1,26,12,288 to Rs. 1,41,14,893 as on March 31, 2015.
Mr. Modi assumed office as Prime Minister on May 26, 2014.
As per the disclosure, Mr. Modi does not own any ‘motor vehicles/aircraft/yachts/ships’, while he still retains his bank accounts in Gujarat. He has no bank account in Delhi.
While he has no loans, his jewellery holdings include “four pieces of gold rings” weighing approximately 45 grams with a value of about Rs. 1.19 lakh as on March 31, 2015. The value of these rings has come down slightly from Rs. 1.21 lakh since last disclosure as on August 18, 2014.
The latest disclosures are updated till January 30, 2016, as per the PMO website.
Mr. Modi’s investments include L&T Infra Bonds (Tax Saving) worth Rs. 20,000, as also National Savings Certificates worth about Rs. 5.45 lakh and life insurance policies worth Rs. 1.99 lakh, taking the total value of his movable assets to Rs. 41.15 lakh.
The immovable assets include one-fourth part in a residential property in Gandhinagar and his share is 3,531.45 square feet with a built-up area of 169.81 square feet.
Stating that this was not an “inherited property”, the disclosure mentions the date of purchase as October 25, 2002.
The cost of purchase has been disclosed as Rs. 1,30,488 while the “investment on the land by way of development construction, etc” has been shown as Rs. 2,47,208.
The “approximate current market value” of the property has been disclosed as Rs. 1 crore. This puts the total appreciation at over 25-times over the cost of the property and the investment made thereon in over 13 years since the purchase.
http://www.thehindu.com/news/national/narendra-modis-has-assets-over-rs-1-crore/article8179236.ece
He is not a rich man. He has just one property which has now appreciated in Value. And he is not the full owner of the property but has just 1/4th share
He just has Rs. 4700 cash in Hand
