Oct 072014

India's finance and defence minister Arun Jaitley

Did you know that India’s finance and defence minister Arun Jaitley is the richest minister with assets totaling Rs 72.10 crore, while Prime Minister Narendra Modi’s assets have actually dipped by Rs 40 lakh since his last declaration in April to Rs 1.26 crore reportedly because of the big donation he made to the cause of the girl child in May.

All members of the Council of Ministers, including Modi, have furnished their updated asset details on the PMO website and seventeen of the 22 cabinet ministers are crorepatis.

Modi’s assets include Rs 38,700 in cash, bank balance and deposits worth Rs 1,32,698 and Rs 17,00,927 respectively, Rs 20,000 in bonds, Rs 2,35,000 in NSC, Rs 1,99,031 in insurance policies and jewellery and precious items worth Rs 1,20,980. He owns a house in Gandhinagar worth Rs 1 crore.

Contributed By Sonia Narula

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