Friday, January 17, 2025
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PM’s assets have not increased, only value gone up: PMO

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NEW DELHI: Prime Minister Dr Manmohan Singh’s assets have not increased since last year but their value has gone up, his office said on Monday. “The assets are the same but their valuation has gone up as the assessment has been done, for the first time, by a government-approved valuator,” a PMO spokesman said.

The clarification came after the Prime Minister declared the value of his assets as Rs 10,73,88,730.81, which is double the value of the assets last year. While the total worth of Singh’s two flats – in Chandigarh and Delhi – is Rs 7.27 crore, Singh has bank deposits and investments worth Rs 3.46 crore approximately in various State Bank of India (SBI) accounts. (PTI)

 

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