The Assets and Liabilities of the Union Council of Ministers published on the Prime Minister Office (PMO) website, highlights the assets range from cryptocurrency investments to vintage vehicles, gold jewellery. mutual funds and agricultural land.
According to the disclosure, Finance Minister Nirmala Sitharaman has also declared a two-wheeler, besides jewellery worth more than `27 lakh and mutual fund investments of over `19 lakh while Transport Minister Nitin Gadkari’s assets include a 31-year-old ambassador car, besides two other cars. He has also declared gold jewellery worth more than `37 lakh, while his wife, Kanchan Nitin Adhikari, has declared gold jewellery valued at above `28 lakh.
Union Minister of State for Skill Development and Rashtriya Lok Dal (RLD) president Jayant Chaudhary reported crypto investments valued at `21.31 lakh as of March 31, 2025. His wife, Charu Singh, disclosed digital-asset holdings worth `22.41 lakh. Chaudhary is the only minister to have declared crypto among digital assets. In their June 2024 filings, Chaudhary and Singh had reported crypto investments worth `17.9 lakh and `19 lakh respectively, which have since grown by 19 per cent and 18 per cent. His declaration stands out against the typical asset mix of Union ministers, which usually comprises land, houses, fixed deposits, shares, mutual funds, jewellery, vehicles — and in some cases firearms. Chaudhary is the only minister to have declared crypto among digital assets.
The latest disclosure, published on the Prime Minister’s Office website, is part of the annual “Assets and Liabilities of the Union Council of Ministers” released at the end of each financial year.
According to the disclosures published on the Prime Minister’s Office (PMO) website, Union Ministers have declared Cryptocurrency, decades-old two-wheelers, gold jewellery, mutual funds and agricultural land are among the assets
While traditional investments like land, shares or deposits operate under strict regulations, cryptocurrency in India continues to exist in a regulatory grey zone. The Reserve Bank of India (RBI) has repeatedly warned investors about the risks of virtual currencies, including volatility and fraud.
Minister of Social Justice and Empowerment Virendra Kumar has declared a 37-year-old scooter and a revolver among his assets.
Union minister Rao Inderjit Singh has declared 1,679-gram gold jewellery worth more than Rs 1.2 crore, 10-kg silver jewellery and diamond jewellery, among other assets.
Women and Child Development Minister Annapurna Devi has declared a revolver, a rifle, a tractor and mutual fund investments worth nearly Rs 1 crore, among other assets.
Minister of State for Information and Broadcasting L Murugan has declared gold jewellery worth more than Rs 74 lakh and a scooty, among other assets.
Minister of State for Women and Child development Savitri Thakur has declared a double-barrel gun and a revolver, besides gold jewellery worth more than Rs 67 lakh. Minister of State for Railways and Food Processing Ravneet Singh Bittu has declared a 1997-model Maruti Esteem car and a pistol, among his assets.