Narendra Modi's wealth up 42% in 2 yrs, Narendra Singh Tomar's 67%; Prakash Javadekar sees 50% fall

Narendra Singh Tomar, Union Minister of Rural Development, Panchayati Raj and Mines, witnessed the maximum rise in his wealth during 2015-17, while Prakash Javadekar, Minister of Human Resource Development, saw the steepest decline during the period, according to data sourced from the Prime Minister's Office website.

Tomar's wealth during the period rose 67.5 percent (from Rs 53 lakh in 2014-15 to Rs 89 lakh in 2016-17) while Javadekar's declined 50 percent (from Rs 1.11 crore to Rs 56 lakh), the data shows.

Prime Minister Narendra Modi comes in at third spot with a 41.8 percent rise in net assets (from Rs 1.41 crore to Rs 2 crore) after Minister of Statistics and Programme Implementation Sadanand Gowda whose wealth increased 42.3 percent (from Rs 4.65 crore to Rs 6.62 crore).

File image of Prime Minister Narendra Modi. PTI

File image of Prime Minister Narendra Modi. PTI

Meanwhile, steel minister Chaudhary Birender Singh saw a rise in wealth of 23.5 percent (from Rs 7.97 crore to Rs 9.85 crore), external affairs minister Sushma Swaraj 17.4 percent (from Rs 4.55 crore to Rs 5.34 crore), MoS external affairs VK Singh 12.5 percent (from Rs 69 lakh to Rs 78 lakh), aviation minister Ashok Gajapathi Raju 11.7 percent (from Rs 6.98 crore to Rs 7.80 crore) and minority affairs minister Mukhtar Abbas Naqvi 7.8 percent (from Rs 99 lakh to Rs 1.07 crore).

Apart from Javadekar, others who saw a fall in wealth are Ram Vilas Paswan (30.8 percent), JP Nadda (14.6 percent) and Arun Jaitley (4.3 percent)

Interestingly, an analysis of the combined wealth of the ministers and their spouses paint a completely different picture such as in the case of Javadekar and Paswan. Prachi Javadekar's saw 190 percent increase in wealth over the two-year period. The Javadekar's jointly saw their wealth increase 107 percent, the highest among the lot, to Rs 6.69 crore.

Similar is the case with Paswan, whose wealth including that of Reena Paswan, witnessed 14.9 percent rise to Rs 1.23 crore.

Of the 14 ministers, whose wealth data for 2016-17 is available, finance minister Arun Jatiley is the wealthiest with net assets worth Rs 67.7 crore. Adding up his wife Sangita Jaitley's wealth, the net asset surged to Rs 100.97 crore. On individual basis, Birender Singh comes in at a distant second with Rs 9.85 crore. However, on a combined basis, the Swarajs ranked second with net assets of Rs 28.41 crore.

The data shows five ministers have net assets lower than their spouses. They are Sushma Swaraj, Prakash Javadekar, Ram Vilas Paswan, Mukhtar Abbas Naqvi and Chaudhary Birender Singh.

Details of 14 ministers' wealth over the last three years:

Personal wealth* Rs lakhs% rise
Sr NoMinister2014-20152015-20162016-20172015-20162016-2017In 2 years
1PM Narendra Modi14117320022.815.441.8
2Arun Jaitley707868016771-3.9-0.4-4.3
Wife: Sangita Jaitley334732473326-3.02.5-0.6
3Sushma Swaraj45552253414.72.417.4
Husband: Swaraj Kaushal15962098230731.510.044.6
4Prakash Javadekar1111555639.3-63.7-49.5
Wife: Prachi Javadekar21237461376.564.1189.6
5Sadanand Gowda46556966222.416.342.3
Wife: Datty Gowda959295-3.02.9-0.2
6Ram Vilas Paswan46523212.7-38.6-30.8
Wife: Reena Paswan61709113.831.349.3
7Ashok Gajapathi Raju698101978045.9-23.411.7
Wife: Suneela Gajapathi Raju8893935.2-0.34.9
8Mukhtar Abbas Naqvi991031073.83.87.8
Wife: Seema Naqvi522505509-3.30.8-2.5
9Jagat Prakash Nadda180151154-16.21.9-14.6
Wife: Mallika Nadda1621661322.3-20.1-18.3
10Narendra Singh Tomar53658922.237.067.5
Wife: Kiran Tomar99103.62.46.1
11Chaudhary Birender Singh7977999850.223.323.5
Wife: Prem Lata Singh696787107013.235.853.8
12P Radhakrishnan722713725-
13V K Singh6971783.09.212.5
Wife: Bharti Singh30364621.027.554.3
14Anupriya Patel00144
Husband: Ashish Kumar Singh0039
*net assets; as on 8 Sep 2017; Source: PMO website

Published Date: Sep 11, 2017 04:59 pm | Updated Date: Sep 11, 2017 05:03 pm

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