PM’s assets around Rs 10.73 cr, cabinet colleagues richer

Prime Minister 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 and Sharad Pawar with property worth around Rs 22 crore, according to the updated list of assets of the ministers posted on the PMO website.


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


Manmohan Singh has shown residential properties, bank deposits and a Maruti 800 car as his assets. 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 (ASBI) accounts.


He has declared 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. The flats owned by him in Chandigarh and Vasant Kunj here were then valued at a total of Rs 1.78 crore and he owned 150.80 gm of gold jewelery worth Rs 2.75 lakh.


Sources in the Prime Minister's Office (PMO) said though the assets with Singh have remained the same, the valuation has gone up as the assessment has been done by a government-approved valuator.


The depreciated value of his Maruti 800 car has been shown as Rs 21,033. Singh also owns 150.80 grams of gold jewellery but its value has not been shown in his declaration of assets and liabilities.


Singh also owns a bank account in Dispur in Assam where he has a deposit of Rs 6,515.78 only.


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