PM Modi has less than Rs 50,000 cash, his total assets up Rs 2.28 mn

Prime Minister Narendra Modi’s cash-in-hand dropped by 67 per cent to Rs 48,944 as of March 31, 2018, from Rs 150,000 he had same time in the previous year, disclosures made by the government show. In contrast, during 2016-17, the PM’s cash-in-hand had risen by 67 per cent from Rs 89,700 recorded in the year ago filings.

According to the latest filings for the financial year 2017-18, the overall worth of the PM’s financial assets, including the market value of the immovable assets he possesses, has gone up to Rs 22.8 million, up from a little over Rs 20 million in FY17.

The PM’s savings bank deposits in a Gandhinagar branch of the State Bank of India stood at Rs 1.12 million in FY17-18, up from Rs 133,496 during the previous year. Fixed deposits were pegged at Rs 10.7 million, up from around Rs nine million earlier. Infrastructure bond deposits of Rs 20,000 dated January 25, 2012, have remained part of his declarations. Also, there’s a National Savings Certificate worth Rs 518,235 and an LIC policy of Rs 159,281 as of March 2018.