Narendra Damodardas Modi is an Indian politician who has served as India’s 14th prime minister and acting chief since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is an MP from Varanasi. The great personality Modi is a member of the Bharatiya Janata Party (BJP) and a member of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organization. He is the first Prime Minister to win two consecutive terms with a vast majority outside the Indian National Congress. He is to complete five years in office after Atal Bihari Vajpayee. In this article, we will discuss Narendra Modi’s net worth.
Modi’s wife’s name is Jashodaben and announced that he had an M.A. degree from Gujarat University in 1983. The affidavit claimed that he is a Bachelor of Arts at Delhi University (1978). He said that he passed the SSC examination from Gujarat Board in 1967.
Prime Minister Narendra Modi Net Worth
During the parliamentary elections in the year 2020, Mr. Narendra Modi’s total estimated assets were INR 2.80 crore, including a residential plot in Gandhinagar, Gujarat. And after becoming Prime Minister, The net income per year of Mr. Narendra Modi is INR 19.20 lakhs, i.e. INR 1,60,000 per month and 60,000 allowances and other fixed allowances for the Prime Minister of India. Besides, Mr. Modi is one of the highest-paid world leaders at ranks 12th worldwide.
The Prime Minister invested Rs 20,000 in tax-saving infra-bonds, Rs 7.61 lakh in National Savings Certificate (NSC), and another Rs 1.9 lakh in LIC policies and taking the total value of his movable assets to Rs 41.15 lakh.
Prime Minister Narendra Modi Property Description
- During the period 2019, the total value of Mr. Narendra Modi’s movable and immovable property is Rs 2,80,14,893 by 2020.
- Narendra Modi has no ‘motor vehicle / aircraft / yacht / ship’.
- He still maintains his bank accounts in the state of Gujarat and does not have a bank account in the capital city of Delhi. Bank deposits for Mr. Modi include 94,093 SBI & 30,347 Rajkot Nagrik Sahkari Coop Bank Ltd. Apart from this, he has fixed deposits a total of Rs 1.27 crore with SBI as per previous records.
- Modi’s jewelry holdings include “four pieces of gold rings,” weighing about 45 grams with a value of about Rs 1.19 lakh as on 31 March 2015.
- The real estate comprises a quarter of residential property in Gandhinagar, and its share is 3,531.45 sq ft with a built-up area of 169.81 sq ft.
- He has neither agricultural land nor commercial real estate.
Conclusion: Mr. Narendra Modi is a government official, and his salaries and allowances are fixed, and he has no other commercial success. Given his current success and record-breaking achievements, we can be very optimistic about his net worth, which will grow over the years. But for this man, it seems that he will lead a simple and humble life.
