PM Modi gets book royalties of Rs 12.35 lakh


The only immovable asset PM Narendra Modi owns is a residential apartment in Gandhinagar worth Rs 1 crorePrime Minister Narendra Modi gets Rs 12.35 lakh as royalties from books written by and about him, his assets and liabilities in the 2015-16 financial year show. The details uploaded on the website of the Prime Minister’s Office also shows that he has Rs 89,700 in cash as of March 2016, up from Rs 4,500 last year. The assets of the PM show he is poorer than many of his colleagues in the Cabinet.
While PM Modi has around Rs 2.10 lakh in his savings bank account in Gandhinagar, a fixed deposit at the same bank shows an amount of over Rs 50 lakhs. He continues to own four gold rings worth Rs 1.27 lakh. With the addition of the royalties he gets from books, the gross total value of his movable assets is Rs 73.36 lakh. The only immovable asset PM Modi owns is a residential apartment in Gandhinagar worth Rs 1 crore, unchanged from last year. He does not own any agricultural, non-agriculture land or commercial buildings.Some of the other ministers in the cabinet whose assets have been revealed include Finance Minister Arun Jaitley, External Affairs Minister Sushma Swaraj and Urban Development Minister Venkaiah Naidu. A majority of the ministers have not publicly declared their assets yet, a move heralded by the PM in the government’s quest for transparency.
While Swaraj owns a residential flat in New Delhi worth Rs 1.8 crore, she also possesses agricultural land in Palwal, Haryana worth Rs 93.5 lakh as per revised government circle rate. Her assets are worth Rs 5.21 crore as of March this year.Sadananda Gowda, Ramvilas Paswan, Maneka Gandhi and Prakash Javadekar are some of the other ministers in the cabinet who have put up details of their assets on the PMO website.

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