Gujarat Assembly Elections 2012: Narendra Modi declares over Rs 1 cr in assets

Last Updated: Friday, November 30, 2012 - 22:14

Ahmedabad: 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.

Modi filed the papers for Maninagar constituency here on Friday.

The value of the assets of the Gujarat CM stood at Rs 40 lakh in 2007. His assets at the time included a plot in Gandhinagar Sector-1, bought for Rs 1,30,488, and valued at Rs 30 lakh.

The market value of this plot has been shown as Rs 1 crore in the present affidavit. The development work on the plot is worth Rs 2,47,208, it says.

Other assets, including bank deposits, gold rings, NSCs, etc, have been valued at Rs 33,42,842.

He has fixed deposits of Rs 22,59,226 at SBI Sachivalaya branch, besides Rs 4,24,836 in savings account. In 2007, Modi had deposits of Rs 8,00,000, and Rs 55,651 in the savings account.

The Chief Minister has added two more bank accounts in the last five years: at Rajkot Nagrik Sahkari Bank (Rs 30,347), and SBI Maninagar (Rs 10,000). He has also invested Rs 20,000 in infrastructure bonds.

His income in the latest I-T return was Rs 1,50,630. He is yet to get I-T refund of Rs 54,403, and has to get back Rs 14,363 lent to someone, the affidavit states.

PTI



First Published: Friday, November 30, 2012 - 20:14

More from zeenews

 
comments powered by Disqus
Party Won Trends Swing
BJP 122 122 76
SHS 63 63 19
INC 42 42 -40
NCP 41 41 -21
MNS 1 1 -12
OTH 19 19 -22
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results
Party Won Trends Swing
BJP 47 47 43
INLD 19 19 -12
INC 15 15 -25
HJCBL 2 2 -4
OTH 7 7 -2
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results