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PM declares assets, says, he has no cash in hand

Guwahati, May 15 : Prime Minister Manmohan Singh today filed his affidavit stating his assets and liabilities before the Rajya Sabha Returning Officer while presenting his nomination for a fifth term in the Upper House.

India TV News Desk Updated on: May 16, 2013 17:07 IST
pm declares assets says he has no cash in hand
pm declares assets says he has no cash in hand

Guwahati, May 15 : Prime Minister Manmohan Singh today filed his affidavit stating his assets and liabilities before the Rajya Sabha Returning Officer while presenting his nomination for a fifth term in the Upper House.




The affidavit says, the PM has no cash in hand.

In his affidavit submitted to assembly secretary Gouranga Das on Wednesday, the Prime Minister said his total annual income was Rs. 4,051,964. But he has no cash in hand unlike his wife Gursharan Kaur who possesses Rs. 20,000.
 
And while the urban India may be driving swanky cars, Singh's car has a market value of only Rs. 21,033.
 
 
Singh's total movable asset is Rs. 38,763,188 spread across five fixed deposits and three savings accounts. He holds one savings account in a bank branch in Guwahati and an NSS worth Rs. 8,26,922 in New Delhi.
 
The least valuable of his movable assets is 1996 model Maruti 800 worth Rs. 21,033.
 
Singh's wife, on the other hand, has movable assets worth Rs. 2,031,385 including 150.8gm of gold worth Rs. 3,45,332. Apart from Rs. 20,000 in hand, she has Rs. 16,62,570 in a savings account.
 
The Prime Minister owns a two-storied house in Chandigarh and a DDA flat in Delhi. The two residences, purchased for Rs. 24,08,000 is now worth Rs. 7,52,50,000.
 
The affidavit also says that he is a resident of Guwahati's Sarumotoria locality. Former chief minister Hiteswar Saikia had rented the house to him in 1991 to enable him to enter Rajya Sabha from Assam.
 
Singh pays Rs. 700 as rent per month, to Saikia's widow and former minister Hemoprova Saikia.
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