Why are Indian Generals so poor?

[-=virus=-]

House of Andika Perkasa, Indonesia former Armed Force General. Armed Force General needs to get sufficient salary. With the economy growing, so their salary needs to be increased as well. They are handling huge and expensive military equipment, without sufficient salary they can be bribed.

This is Tri Sutrisno house, he was former Indonesian Armed Force General during 1990's

Try Sutrisno - Wikipedia bahasa Indonesia, ensiklopedia bebas

id.wikipedia.org

Indonesian soldiers houses (lowest rank-Tamtama/Enlisted)

Tri tried, made the effort, and then he got !

 

[nahtanbob]

If some of you are in oblivion it doesn't mean certain facts don't exist. Following information is available on social media.

It is difficult to determine the exact net worth of Indian generals. However, several generals are reported to be among the richest in India based on available information:

• General J.J. Singh (Retired): Estimated net worth of over $2.5 billion USD. General Singh served as the Chief of Army Staff from 2006 to 2010. After retirement, he has earned money through consulting roles, work with defense companies, sponsorships and endorsements.

• General Shankar Roychowdhury (Retired): Reports indicate a net worth of at least $1.8 billion USD. General Roychowdhury served as the Vice Chief of Army Staff from 2003 to 2006. His income comes from land holdings, business interests, investments and post-retirement positions on company boards.

• General Deepak Kapoor (Retired): Estimated net worth of $1.5-2 billion USD. General Kapoor served as the Chief of Army Staff from 2010 to 2014. Like other generals, he has earned significantly post-retirement through advisory work, sponsorships, director roles, contracts, etc. His wealth comes from a mix of inheritance, salary, bonuses, and business ventures.

• General Bikram Singh (Retired): Net worth possibly over $1.2 billion USD. General Singh served as the Chief of Army Staff from 2012 to 2014. After retirement, he joined the board of Indian Oil Corporation and earned money through that role along with consulting work for defense companies and some contractor sponsorships.

• General S.K. Sinha (Retired): Estimated net worth of at least $750 million USD. General Sinha served as the Vice Chief of Army Staff from 2003 to 2005. His wealth comes from land ownership, investments, company director roles, plus earnings from his sons who are also successful Indian Army Generals. Retirement has allowed him to focus more on family business interests and expansion.

While these figures are difficult to verify without public disclosure of financials, this provides a sense of some of the richest generals in India according to available media reports and estimates. In general, serving in high-ranking positions, accumulating assets over many years, shrewd business dealings, advantageous post-retirement roles, and inheriting wealth from family members have all contributed to large fortunes for some Indian generals. But there is likely significant diversity in the financial profiles of generals based on career paths, opportunities, locations, and more.

fake news as usual from @Windjammer What else is new ?

India’s 100 Richest 2023

After hosting the G20 Summit in New Delhi this September and becoming the fourth country to land a spacecraft on the moon, India is on a high. Reflecting that sentiment, the stock market rose 14% since we last measured fortunes. But that jump, tempered by a weaker rupee, isn’t reflected in the...

www.forbes.com

 

[Menthol]

I have been following senior officers from the Indian Defence Forces after retirement. I have observed that most of them have stayed back in India. All of them lead a very simple life after retirement. They drive normal cars, stay in homes that can be called spartan and nothing more.

Latest in that list is recently retired Army Chief, General Narvane. He posted the pic of his apartment before Deepawali on X.

https://x.com/manojnaravane/status/1723683569199874080?s=61

Why would such a senior officer stay in an apartment and not a bungalow? If not a palatial one but atleast an independent one in a nice locality as per his stature? It looks demeaning to make such high ranking officers live a life, that looks like a life of penury. That too after a life dedicated to the service of the nation.

It's good actually.

In other countries, especially the corrupt ones, it's a different story.

 

[VkdIndian]

In other countries, especially the corrupt ones, it's a different story.

Yeah.
One thing is apparent that, these Generals aren’t corrupt. If they were, then it would have shown somewhere.

 

[Falcon26]

The Indian army operates under a democratic constitutional framework and they do not see themselves above the constitution or the country.

On the other hand, the Pakistani army junta are literally a bunch of generals that own a country. The entire country, courts, economy and state institutions work to benefit these army junta. They lead an opulent lifestyle even as the country stares down an economic bankruptcy. They can change governments, judges at a whim, etc.

Indians should consider themselves fortunate that they do not have an out of control manchild generals running amok.

 

[VkdIndian]

fake news as usual from @Windjammer What else is new ?

It wasn’t surprising. Data from Quora becomes the most reliable source to Windy, when it is convenient to him.