Know how much property does Union Minister Nitin Gadkari own? going to contest elections from nagpur
Lok Sabha elections 2024 have started. All the parties are announcing their candidates and filing nominations. In the same sequence, Union Minister and BJP candidate from Nagpur Lok Sabha seat Nitin Gadkari has also filed his nomination. Nitin Gadkari has given details of his entire assets in his affidavit, which includes information about his movable and immovable assets, loans, vehicles etc. Let us know what is the net worth of Nitin Gadkari.
Union Minister of State for Road Transport and Highways Nitin Gadkari said that during the year 2022-23, he has filed returns worth Rs 13.84 lakh. The data given for the last 5 years shows that Gadkari’s earning is between Rs 11.63 lakh to Rs 13.84 lakh.
Took a loan of Rs 1.66 crore
According to the affidavit, Nitin Gadkari has taken a loan of Rs 1.66 crore from various banks and financial institutions. There is a loan of Rs 38 lakh in his wife’s name. From 2019 to 2024, no new immovable property has been purchased in the name of Gadkari and his wife. In the year 2019, he had immovable property worth Rs 8 crore 65 lakh. Now its value has increased to Rs 12 crore 94 lakh.
Invested Rs 1.99 lakh in business
Gadkari has Rs 12,300 in cash. Whereas his wife is said to have Rs 14,750 in cash. He has Rs 49 lakh deposited in various banks and Rs 16 lakh deposited in his wife’s name. Gadkari has invested Rs 1.99 lakh in the business while his wife has invested Rs 30 lakh. Gadkari has vehicles worth Rs 29 lakh in his name. The immovable property includes 15 acres of agricultural land in Dhapowada worth Rs 1 crore 57 lakh 41 thousand. He has an ancestral house worth Rs 1 crore 28 lakh.
Sources of their income in the affidavit
In the affidavit, his sources of income have been mentioned as farming, rent and salary. He has invested Rs 3 lakh 55 thousand 510 in savings schemes, mutual funds, bonds and shares. Gadkari has received 7 honorary degrees in 5 years from 2019 to 2024. This includes 4 DLT, 1 PhD and two DSC degrees. He has B.Com and LLB degrees.
