PM Narendra Modi becomes richer this year; Know his net worth

PM Narendra Modi's Movable Assets have increased by 26.26 per cent to Rs one crore 75 lakh 63 thousand 618 during 15 months. This financial status is till 30 June 2020.

Yogita S.
Published on: 15 Oct 2020 7:50 AM GMT
PM Narendra Modi becomes richer this year; Know his net worth
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PM Modi

New Delhi: Prime Minister Narendra Modi, who is among the world's most powerful leaders, has recently given information about his property and investment. According to the information shared by PM Modi, the Prime Minister's movable assets have increased by about Rs 37 lakh during the last 15 months.

Modi has invested many part of his earnings. So let's know where the Prime Minister has invested his money

Deposit money in savings account:

According to information provided by the PM, Prime Minister Narendra Modi deposits money in savings account and term deposits. At the same time, his movable assets i.e. Movable Assets have increased by 26.26 per cent to Rs one crore 75 lakh 63 thousand 618 during 15 months. This financial status is till 30 June 2020. PM Modi has revealed about this on 12 October. However, there has been no major change in Modi's real estate.

modi

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Savings and Income of PM Modi:

Prime Minister Narendra Modi has kept a large portion of his earnings in a fixed deposit. According to the information, the income from the interest is reinvested after the tax deduction. Apart from term deposits PM Modi also invests in Life Insurance, Infrastructure Bond (Infrastructure Bond), and National Savings Certificates (National Savings Certificate). Modi also gets tax benefit for making these investments.

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If you talk about PM Modi's monthly salary, then his monthly salary is two lakh rupees. Currently, three lakh 38 thousand rupees are lying in his savings account. This information is dated 30 June 2020.

Explain that as of 31 March 2019 last year, there were only four thousand 143 rupees in their savings account. The Prime Minister has got FD taken at the State Bank of India (SBI) branch in Gandhinagar, Gujarat.

Asset and personal Property:

There has not been much change in Modi's real estate. He has a land in Gandhinagar in Gujarat which is worth around Rs 1 crore 1 lakh. His family also has a stake in this. But Modi has no personal car. The PM has four gold rings as per record.

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Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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