Sunday, November 24, 2024
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Many of PM’s cabinet colleagues richer than him

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New Delhi: Prime Minister Dr Manmohan Singh has assets worth around Rs 10.73 crore, double that of last year, but a number of his Cabinet colleagues are much richer than him.

Among the richer cabinet ministers are Praful Patel with assets of approximately Rs 52 crore, Sharad Pawar with property worth around Rs 22 crore and MK Azagiri with Rs 9.50 crore, according to updated list of assets of the ministers posted on the PMO website.

Defence Minister A K Antony has assets worth Rs 55 lakh, the lowest in the list of the Cabinet Ministers.

Dr Manmohan Singh has shown residential properties, bank deposits and a Maruti 800 car as his assets. While the total worth of Dr Singh’s two flats – in Chandigarh and Delhi – is Rs 7.27 crore, he has bank deposits and investments worth Rs 3.46 crore approximately in various State Bank of India (SBI) accounts. He has declared a total assets of worth Rs 10,73,88,730.81 (Rs 10.73 crore approximately).

Last year, the Prime Minister had declared total assets worth Rs 5.11 crore approximately. Dr Singh also owns 150.80 grams of gold jewellery but its value has not been shown in his declaration of assets and liabilities. He also owns a bank account in Dispur in Assam where he has a deposit of Rs 6,515.78 only.

HRD Minister Kapil Sibal and his wife Promila have total assets of Rs 45.33 crore, including 8.11 crore of his wife. Home Minister Sushilkumar Shinde has a house whose present worth is Rs 50 Lakh, two flats worth Rs 1.99 crore and Rs 1.25 crore, agricultural land worth Rs 19.76 Lakh, guest house worth Rs 8.22 Lakh, land worth Rs 1.11 crore. His wife Ujjwala Shinde owns a flat worth Rs 2.15 crore, two pieces of land worth Rs 15.38 crore and Rs 84 lakh.

External Affairs minister SM Krishna has assets worth Rs 1.89 crore, including immovable properties of Rs 31.44 lakh. Finance Minister P Chidambaram’s total assets, including bank accounts and current assets, add upto Rs 11.96 crore approximately.

Petroleum Minister S Jaipal Reddy owns a house in Hyderabad and has 43 acres of agricultural land in Andhra Pradesh. MoS for Overseas Indian Affairs Vyalar Ravi has a two-bedroom flat in Ernakulam, Kerala, worth Rs 20 lakh. He declared inherited land worth Rs 90 lakh in Ernakulam district. Civil Aviation Minister Ajit Singh owns six agricultural lands in Durg (Chhattisgarh) and West Uttar Pradesh having a total worth of nearly Rs 13 crore. His land in Chhattisgarh is worth Rs 5.64 crore. He also owns three flats – two in Delhi and one in Gurgaon – worth Rs 3.75 crore.

Rural Development Minister Jairam Ramesh has assets worth over Rs 56 lakhs. More than a half of its share are jointly owned by Ramesh and his mother.

New and Renewable Energy Minister Farooq Abdullah has over Rs 98 lakh deposited in bank accounts and has shares in ancestral properties in Jammu and Kashmir. The value of some of the properties within the share and in possession of Abdullah is over Rs 2.25 crore. Abdullah also earned over Rs 26 lakhs from the sale of family land in Srinagar.

Tourism Minister Subodh Kant Sahay and his wife Rekha Sahay have declared assets worth Rs 70.74 lakh and Rs 1.24 crore, respectively. Parliamentary Affairs Minister Pawan Kumar Bansal has total assets worth Rs 6.65 crore, including Rs 95.15 lakh of his wife Madhu. Information and Broadcasting Minister Ambika Soni has declared a flat in Delhi valued at nearly Rs 3.5 crore in addition to jewellery worth Rs 16 lakh and silver utensils worth over Rs 11 lakh in addition to an Optra car. She has also mentioned a farmhouse owned by her husband in Gurgaon.

Railway Minister Mukul Roy has shown Rs 6 lakh as total income in the Income Tax return and Rs 5.08 lakh in his wife Krishna’s name. He has declared Rs 20.07 lakh in his name and Rs 14.97 lakh in his wife’s name as total movable assets for the last fiscal.

Health Minister Ghulam Nabi Azad has total assets of Rs 68.59 lakh, including land in Maharashtra worth Rs 5.5 lakh and the remaining in cash and bank balances. His wife Shameed Azad owns a house and land in Srinagar worth Rs 55 lakh besides a residential flat in Delhi. She has bank deposits and jewellery worth Rs 2.62 crore. The net worth of Azad and his family as on July 2012 is Rs 3.42 crore along with a flat in Delhi which is not valued. He has a total net worth of Rs 2.22 crore in cash and deposits alongwith a flat in Delhi.

Power Minister M Veerappa Moily has total assets of Rs 30.47 lakh and liabilities of Rs 12.85 lakh, netting total assets of Rs 17.61 lakh, including two cars (Toyota Etios and Opel Astra). His net assets were Rs 13.34 lakh last year. His wife Malathi, who is stated to have independent source of income from agriculture, has total assets of Rs 3.71 crore and liabilities of Rs 60 lakh, netting total assets of Rs 3.11 crore. This includes 26 acres of agriculture land, a building in Bangalore and 50 tolas of jewellery and a Honda Accord car. She had total assets of Rs 3 crore last year.

Law and Minority Affairs Minister Salman Khurshid has an agricultural land in the name of his family in Gautam Buddha Nagar of Uttar Pradesh worth over Rs 1.30 crore. While Khurshid himself has cash worth Rs 74.48 lakh, the combined cash holdings of his family – including bank deposits – stand at over Rs 1.22 crore. He has a flat in Jamia Nagar, Delhi worth Rs 5 lakh, his wife Louie owns two flats in Goa gifted by her father. The Law Minister also owns an agricultural land worth Rs 32 lakh in Farrukhabad in Uttar Pradesh and a barren, non-agricultural land worth over Rs 10 lakh in the same place. Besides a Mahindra jeep and a Toyota Innova, Khurshid owns a ‘very old’ imported car.

The total worth of immovable property owned by Minister of Urban Poverty Alleviation and Housing Kumari Selja is Rs 12.25 crore approximately. The net assets of Urban Development Minister Kamal Nath has been declared at Rs 8.85 crore as on March 31 this year while his wife Alka Nath owns assets worth Rs 4.48 crore approximately.

The figure though formidable may seem paltry in comparison to the over Rs 200 crore declaration made by Nath an year earlier. As per the previous year’s declarations, Nath was the richest of all Cabinet Ministers. Nath has also explained the reduction of figures in his declaration.

“In the previous year’s declaration, the assets of Shri Nakul Nath, Shri Bakul Nath & Smt Simran Nath were shown. Since they are not dependent family members, it is not required to include their assets. They have therefore, been excluded this year,” Nath’s declaration said. (PTI)

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