PM Modi reveals his assets: Details of his financial holdings revealed
PM Modi's affidavit makes significant reference to his moveable assets, which amount to Rs 3.02 crore, as well as his small cash reserve of Rs 52,920.
In a move towards transparency and accountability, Prime Minister Narendra Modi has revealed details of his financial assets, shedding light on his personal wealth and holdings. Let's delve into the specifics of his financial disclosure.Prime Minister Modi's decision to disclose his assets comes amidst calls for greater transparency in public office and accountability from elected officials. By making this information public, the Prime Minister aims to set an example of openness and integrity in governance.
Filed my nomination papers as a candidate for the Varanasi Lok Sabha seat. It is an honour to serve the people of this historic seat. With the blessings of the people, there have been remarkable achievements over the last decade. This pace of work will get even faster in the… pic.twitter.com/QOgELYnnJg
— Narendra Modi (@narendramodi) May 14, 2024
Details of Financial Holdings
The disclosure includes a comprehensive list of Prime Minister Modi's assets, encompassing various financial instruments and properties owned by him and his family members. This includes investments in stocks, bonds, mutual funds, real estate properties, and other assets.
Investments in Stocks and Bonds
Prime Minister Modi's financial portfolio comprises investments in both domestic and international stocks and bonds. These investments are diversified across different sectors and industries, reflecting a balanced approach to wealth management.
Affidavit-1715694624 by satyam.kumar on Scribd
Mutual Funds and Other Financial Instruments
In addition to stocks and bonds, Prime Minister Modi holds investments in mutual funds and other financial instruments. These investments are carefully chosen to align with his financial goals and risk appetite, aiming to generate long-term returns while minimizing downside risk.
Real Estate Holdings
Prime Minister Modi's real estate holdings include properties both in India and abroad, including residential and commercial real estate assets. These properties are valued based on prevailing market rates and provide a source of stability and diversification within his investment portfolio.
Transparency and Accountability
Prime Minister Modi's decision to disclose his assets underscores his commitment to transparency and accountability in public life. By making this information accessible to the public, he seeks to uphold the highest standards of ethical conduct and integrity in governance.
Public Reaction and Response
The disclosure of Prime Minister Modi's assets has garnered attention from the public and political commentators, with many applauding his willingness to be transparent about his financial holdings. Critics, however, have called for further scrutiny and transparency regarding the source of his wealth and any potential conflicts of interest.