Chandrababu Naidu declares family assets; three-year-old grandson richer than him with Rs 18.71 cr to his name
Value of Chandrababu Naidu's assets rose by just Rs 46 lakh compared to 2017 while his debt burden reduced from Rs 5.64 crore to Rs 5.31 crore on a housing loan.
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu has net assets worth Rs 2.99 crore while his three-year-old grandson Nara Devaansh is richer with assets worth Rs 18.71 crore in his name.
Naidu's son and state Information Technology Minister Nara Lokesh declared the family's assets at a press conference Wednesday.
Lokesh's assets shot up to Rs 21.40 crore from Rs 15.21 crore in 2017.
Value of Naidu's assets rose by just Rs 46 lakh compared to 2017 while his debt burden reduced from Rs 5.64 crore to Rs 5.31 crore on a housing loan.
The new house he built in Jubilee Hills, Hyderabad, has been valued at Rs 8.96 crore against Rs 7.75 crore last year.
Naidu's wife Bhuvaneswari is the richest member of the family with net assets worth Rs 31.01 crore, which rose from Rs 25.41 crore in 2017.
Her "liabilities" too increased from Rs 20.90 crore to Rs 22.35 crore during the year.
Lokesh's wife Brahmani saw her assets decline by half to Rs 7.72 crore from Rs 15.01 crore last year. Her liabilities shot up from 36.14 lakh to Rs 5.66 crore.
Their son Devaansh, however, grew richer by over Rs 7 crore in 2018 with his assets touching Rs 18.71 crore compared to Rs 11.54 crore last year, as per the figures
released by Lokesh.
"This is the eighth consecutive year that we have declared our family assets and liabilities," Lokesh, who is also the Telugu Desam Party's general secretary, said.
IPL 2021: 'Harsh' call by selectors to drop Manish Pandey for match against DC, says SRH captain David Warner
Manish Pandey, who hasn't been scoring at a quick clip, was dropped for a much younger Jharkhand left-hander Virat Singh, who scored only 4 off 14 balls.
The Union environment ministry said the infection was not caused by any variant of concern and all eight lions have responded well to the treatment and are recovering
N440K COVID-19 variant, which wreaked havoc in India during first wave, now fading, say CCMB scientists
Dismissing media reports that N440K variant is causing chaos in Andhra Pradesh, Divya Tej Sowpati, a scientist at CCMB, said that current data shows the variant is replaced by new variants such as B1617 and B117