The Government has disclosed the financial details of the entire Cabinet including the Prime Minister. The assets and liabilities of 22 Cabinet and 22 Ministers for State have been uploaded on the Prime Minister of India’s website. The Government had asked all the Ministers to submit their financial details by August 31, 2014.
While many Ministers have submitted the same financial details that they had declared during the lok Sabha election before the Election Commission through an affidavit, there are some Ministers who have given details of their latest financial status. PM Narendra Modi owns movable property worth Rs 26 lakh and immovable assets worth Rs one crore. These movable assets are largely Fixed Deposits, Bonds, National Saving Certificates and Insurance. The PM owns no personal vehicles and has four rings worth Rs 1.20 lakh.
Home Minister Rajnath Singh apart from having movable assets worth Rs 66.41 lakh and immovable property (agricultural and residential space) worth Rs 1.9 crore also has three weapons — two gun and a revolver worth Rs 20,000, among assets. His wife Savitri Singh has assets worth Rs 40 lakh.
Finance Minister Arun Jaitely among other things has declared five luxury vehicles as his assets. He has a Mercedes, BMW, Honda Accord, Porsche and a Toyota Fortuner costing about Rs 3.11 crore. He also owns jewellery worth Rs 1.69 crore in his name.
External Affairs Minister Sushma Swaraj has declared movable assets from FDs etc worth Rs 8.83 crore and jewellery worth Rs 8 lakh.
Rural Development and Transport Minister Nitin Gadkari has declared assets worth Rs 4.6 crore in his name, Rs 1.5 crore in his wife’s name, Rs 8.7 crore as ancestral property and Rs 42 lakh in the name of his dependent daughter.
Urban Development Minister Venkaiah Naidu has no immovable assets in his name but has deposits worth Rs 17 lakh. His wife Usha, however, seems to be richer than him as she owns agricultural land worth Rs 46 crore besides having deposits worth Rs 95 lakh and jewellery of Rs 8.46 lakh.
Water Resources Minister Uma Bharti has movable assets worth Rs 53 lakh including jewellery worth Rs 35 lakh and immovable assets worth Rs 99.5 lakh. Minority Affairs Minister Najma Heptullah has declared land worth Rs two cores inherited from her mother and jewellery worth Rs 21 lakh, mutual funds worth Rs 22 crore, equity funds worth Rs 37 lakh and investments of about Rs 20 lakh.
Woman and Child Development Minister Maneka Sanjay Gandhi has declared properties worth Rs 24.95 crore, jewellery worth Rs 1.47 crore and FDs among others worth Rs six crore and bank deposits worth Rs 97 lakh.