Assets and Liabilities of Prime Minister and Council of Ministers
In terms of certain code of conduct, it is mandatory for the Prime minister and council of ministers for declaring the details of assets, liabilities, conduct and management, business interests, employment of spouses and the dependents within foreign governmental organizations. The declaration of assets can be said to be an annual exercise. We know the asset portfolios are filled with property and jewelry but before we provide the details regarding the assets of our council of Ministers, it is essential to mention that this article is NOT written with any wrongful means or intentions. Majority of ministers keep their assets in the form of traditional instruments. The interest that is attained from the traditional instruments is completely taxable and also the returns are not very much favorable.
The assets and liabilities our Ministers
Mr. Piyush Goyal who is the minister of state for Coal and Power, has assets worth Rs 31.67 crore, Maneka Sanjay Gandhi, known as the women and child development Minister comprises of assets worth Rs 37.68 crore.
Health and Food ministry
Harshvardhan, the Health Minister has assets of total value Rs 48.54 Lakh, Narendra Singh Tomar who is known as the Labor and Employment Minister has made declaration of assets of Rs 44.90 Lakh, Ram Villas Paswan who is the food minister, comprises of assets worth Rs 39.88 Lakh and finally Anant Kumar, the popular Chemical and Fertilizers minister, have assets of value Rs 60.62 Lakh.
The minister with least value of assets
Coming to the Council of Minister’s assets and liabilities list, Venkaih Naidu who is the urban development minister, has least assets. The overall value of properties and assets of Venkaih Naidu is Rs 20.45 Lakh.
It has been noted that out of 22 ministers in the Cabinet, 17 are crorepatis including the Prime Minster.
The list of Crorepatis among Ministers
Considering the list of Crorepatis, Rajhnath Singh who holds the post of Union Home minister has assets of Rs 2.56 crore. Najma Heptulla, popularly known as the Minorities Affairs minister has declared assets of worth Rs 29.70 crore. Ravi Shankar Prasad, also known as the law and Telecom minister has assets worth Rs 14.91 crore. External home minister Sushma Swaraj has assets worth Rs 2.73 crore along with some agriculture land that she attained in Haryana.
. Nitin Gadkari, the popular Union Transport Minister, comprises of assets that are valued around Rs 3.34 crore. Uma Bharti popularly known as the water resources minister has declared assets of worth Rs 1.62 crore. Jual Oram who is the Tribal Affairs minister, can also be said to be the primary tribal face present within Modi’s Cabinet of Ministers, has declared asset of overall value Rs 1.05 crore. Radha Mohan Singh, our very own Agriculture Minister, has declared assets of worth Rs 2.47 crore. Thawarchand Gehlot, holding the position of Social Justice and Empowerment Minister, has declared assets that sums up to Rs 2.08 crore. Smriti Irani, a popular television actress, HRD Minister and also the youth face of India, has declared assets amounting to Rs 4.15 crore.
The list of crorepatis among ministers does not end here. In PMO, Jitendra Singh the minister of state has declared assets which are valued at Rs 2.67 core. Nirmala Sitharaman, who is handling the Ministry of Commerce, has declared his overall assets that are valued at Rs 1.03 crore. Mr. P Radhakrishnan, who has been taking care of Heavy Industries Ministry, has declared assets which are almost of worth Rs 7.11 crore.
Mr. Kalraj Mishra, the minister for the medium, small and micro enterprises, has declared assets of worth Rs 72.11 Lakh. Vasava, also known as the MOS tribal affairs minister comprises of assets valuing to Rs 69.49 Lakh.
Apart from the PMO’s, Anant Geete, who has also been handling the Heavy Industries Ministry, has assets of worth Rs 1.66 crore. VK singh, also known as the former Army Chief and State for North East Minister, has assets of value Rs 68.76 Lakh.
The details of our PM Narendra Modi
According to the reports, PM Narendra Modi has declared assets of worth Rs 1.41 crore which provides him a position within the crorepatis list. And the best part is his assets have gone up from Rs 1.26-Rs 1.41 in this year. The Gandhinagar property is also included in this, which is valued at one crore. The slight increment of property is because of bank deposits, and it is being stated that the PM comprises of probably the minimum amount of cash in hand in comparison to other cabinet ministers. And also the PM continues to not own any car, yacht or aircraft.
A tabular overview of PM and Cabinet minister’s assets and liabilities
|SL No||Names of Ministers||Education||Posts||Assets and liabilities|
|1.||Narendra Modi||Gujrat University and Delhi University||PM||Rs 1.41 crore
Has minimum amount of cash in hand.
There are no cars, no aircraft.
|2.||Venkaih Naidu||Andhra University||Urban Development Minister||Among all the ministers, he has the least assets.|
|3.||Maneka Gandhi||Lady Shri Ram College for women, Jawaharlal Nehru University Delhi, and the Lawrence School.||Women and Child Development Minister||The total worth of assets is almost RS 38 crore. Can be said to be one of the richest Ministers.|
|4.||Piyush Goyal||Institute of Chartered Accountants India, bachelor of Commerce||Minister of State for Power and Coal||The value of assets is around Rs 32 crore.|
|5.||Najma Heptulla||Minorities Affairs Minister||Overall assets declared are Rs 29.70 crore.
|6.||Ram Vilas Paswan||Bachelor of Laws and Master of Arts from Kosi College, Patna University||Food Minister||The amount of declared asset is Rs 39.88 Lakh|
|7.||Narendra Singh Tomar||Jiwaji University||Labor and Employment Minister||Declared assets of worth Rs 44.90 Lakh.|
|8.||Harshvardhan||Ganesh Shankar Vidyarthi Medical college||Health Minister||The overall amount as declared assets is Rs 48.54 Lakh.|
|9.||Ananth Kumar||Chemicals and Fertilizer minister||The overall declared asset amount Rs 60.62 Lakh|
|10.||Rajhnath Singh||Deen Dayal Upadhay Gorakhpur University||Union Home Minister||The amount of declared asset is Rs 2.56 crore|
|11.||Sushma Swaraj||Sanatan Dharma College, Punjab University.||External Affairs Minister||The total amount of declared asset is Rs 2.73 crore.
Also she has an agricultural land in Pawal Haryana
|12.||Ravi Shankar Prasad||Patna University||Law and Telecom Minister||The amount of declared asset is Rs 14.91 crore|
|13.||Nitin Gadkari||Rashtrasant Tukadoji Maharaj Nagpur University||Union transport Minister||Has assets of amount Rs 3.34 crore.|
|14.||DV Sadananda Gowda||St. Philomena college, Pittur||Railways Minister||Rs 4.34 core|
|15.||Major Sinha||Patna University||30cr|
|16.||Uma Bharti||Water resources minister||Rs 1.62 crore.|
|17.||Jual Oram||Tribal Affairs minister||Has declared assets amounting to Rs 1.77 crore.|
|18.||Kalraj Mishra||MA from kasha Vidyapeeth||Medium, small and micro enterprises minister||Total value of assets declared is Rs 72.11 Lakh.|
|19.||Radha Mohan Singh||MS college, Bihar University||Agricultural Minister||The overall value of assets declared is Rs 2.47 crore|
|20.||Thawarchand Gehlot||Social Justice and empowerment minister||The declared amount of asset is Rs 2.08 crore|
|21.||Smriti Irani||Delhi University||Youth Minister||Also known as the youth face of Modi’s cabinet, Smriti Irani has declared an amount of Rs 4.15 as assets.|
|22.||Anant Geete||Heavy Industries minister||Amount of declared asset is Rs 1.66 crore.|
|23.||VK Singh||Birla Public school
|Minister of state of North East Gen||The total amount of assets declared is Rs 68.76 Lakh.|
|24.||Nirmala Sitharaman||Seethalakshmi Ramaswami college and Jawaharlal Nehru University||Commerce Minister||Declared asset amount is Rs 1.03 crore|
|25.||Jitendra Singh||Stanley medical college||Minister of State in PMO||The total amount of asset declared is Rs 2.67 crore|
|26.||Mansukhbhai Vasava||MOS tribal affairs||Amount of assets declared is Rs 69.49 Lakh.|
|27.||Sudarshan Bhagat||BA hons, karthik Oraon College, University of Ranchi||MOS for Social Justice||The overall amount of assets declared is Rs 44.51.|