Narendra Modi Net Worth
How Much Does Narendra Modi Make?
Narendra Modi is the Chief Minister of the Indian state of Gujarat since 7 October 2001 making him the longest serving Chief Minister of the state of Gujarat.
Born in a middle class family in Vadnagar, a member of Rashtriya Swayamsevak Sangh since childhood, and an active politician since early in life having a masters degree in political science
In 2007, during the election, Mr.Narendra Modi declared his assets. According to his affidavit, his estimated net worth was Rs.40 Lakhs as of 2007.
He has assets worth Rs 40 lac, does not own any vehicle and has no cases against him, according to an affidavit he filed before the Election Commission.
His assets include,
- a house in Sector-I area of Gandhinagar built on an area measuring 326.22 square metres. It was bought for about Rs 1.30 lac and its current market value was Rs 30 lac.
- Rs 8 lac in bank deposits at SBI's Gandhinagar Sachivalaya branch.
- In the same branch, his savings bank account had an amount of Rs 55,000.
- he possesses Rs 11,200 in cash and had three gold rings worth Rs 50,000.
- He has not invested in bonds, shares or debentures of any companies and had not availed of any bank loan either. He, however, held National Saving Certificates worth Rs 3.39 lac.
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