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PM Modi's assets: Doesn't own house or car, has 4 gold rings and more

Image credits: PM Modi Twitter

No house or car

According to PM Modi's affidavit, he owns moveable assets worth Rs 3.02 crore, possesses Rs 52,920 in cash and does not own a land, house or car.

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Increase in income

The affidavit further shows that PM Modi's taxable income doubled from Rs 11 lakh in fiscal year 2018-19 to Rs 23.5 lakh in 2022-23.

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Bank accounts and cash

PM Modi has two accounts in the State Bank of India. While he has Rs 73,304 deposited in the Gandhinagar branch of SBI, the Varanasi branch of SBI has only Rs 7,000.

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Gold rings and other details

The PM also has four gold rings worth Rs 2,67,750. He also has a Fixed Deposit worth Rs 2,85,60,338 in SBI.

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Why were assets declared?

The disclosure of assets and properties comes as part of the mandatory submission before the Election Commission required before contesting elections in India.

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Who were his 4 proposers?

PM Modi was also accompanied by his four proposers -- Pandit Ganeshwar Shastri, Lalchand Kushwaha, Baijnath Patel and Sanjay Sonkar.

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Contesting from...

Prime Minister Narendra Modi on Tuesday filed his nomination papers from the Varanasi parliamentary seat for the Lok Sabha elections.

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