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Akhilesh First UP CM To Declare Assets Publicly

Lucknow, Mar 28: Setting a precedent before his cabinet colleagues, Uttar Pradesh Chief Minister Akhilesh Yadav has officially declared his assets and liabilities worth over Rs 4.83 crore.Akhilesh, 38, who uploaded details of his assets

PTI [ Updated: March 28, 2012 11:45 IST ]
akhilesh first up cm to declare assets publicly
akhilesh first up cm to declare assets publicly

Lucknow, Mar 28: Setting a precedent before his cabinet colleagues, Uttar Pradesh Chief Minister Akhilesh Yadav has officially declared his assets and liabilities worth over Rs 4.83 crore.


Akhilesh, 38, who uploaded details of his assets and liabilities on the official website of the state government, is the first Uttar Pradesh Chief Minister to make a public declaration.

In the 2009 Lok Sabha elections when Akhilesh filed his nomination papers for Kannauj parliamentary seat, he had declared movable and immovable assets of more than Rs 5.52 crore.

As per the fresh declaration till March 15, the Chief Minister has immovable assets of more than Rs 98.84 lakh. This include agriculture land in Etawah worth Rs 17.53 lakh, a property on Vikramaditya Marg in Lucknow (half share) Rs 41.63 lakh, another property on MG road in the state capital worth Rs 37.55 lakh and a plot of Rs 2.11 lakh in Etawah's Friends colony.

Akhilesh's movable property includes a Pajero worth Rs 20.16 lakh. All the immovable and movable properties have been declared at cost.

The Chief Minister has investments of Rs 1.08 lakh in insurance policies and mutual funds.  He has invested Rs 63.80 lakh in Aviva Life Insurance, portfolio investment of Rs 14.86 lakh, principal mutual fund of Rs 10 lakh, besides others.

He has Rs 1.37 crore as loans and advances, which include Rs 22.24 lakh to wife Dimple Yadav, Rs 1.11 crore to Prateek Yadav and Rs 1.19 lakh to the Samajwadi Party.

With Rs 97,923 cash in hand, Akhilesh has a bank balance of more than Rs 1.18 crore, including FDRs. His bank balance include Rs 21.22 lakh deposited in RBS Bank Lucknow, Rs 14.46 lakh in ICICI Bank Lucknow, Rs 23.09 lakh in SBI New Delhi, two FDRs of Rs 20 lakh and Rs 22.59 lakh in BOB Etawah and one FDR of Rs 10 lakh in HDFC bank Etawah.

His liabilities include Rs 15.9 lakh in form of securities from RBS Lucknow.

In 2009 when Akhilesh submitted the affidavit along with his nomination for Lok Sabha, he had Rs 4.27 lakh cash in hand, besides investments of Rs 53.45 lakh in LIC, NSS and postal savings and bond debenture and shares of Rs 4.67 lakh.

At that time, he had Rs 2.09 crore deposited in banks, financial institutions and non-banking financial institutions.

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