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Updated January 1st, 2024 at 13:40 IST

Cows, gold ring, Dwarka flat: Nitish Kumar owns assets worth Rs 1.64 Crore

Bihar CM Nitish Kumar's asset disclosure revealed holdings worth Rs 1.64 crore, a surge from last year’s 75 lakhs. Here's what Kumar owns.

Digital Desk
Nitish Kumar's assets valued at 1.64 crore.
Nitish Kumar's assets valued at 1.64 crore. | Image:PTI
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Patna: Bihar Chief Minister Nitish Kumar's recent public disclosure has revealed his assets valued at Rs 1.64 crore, as per the latest information available on the Cabinet Secretariat Department's website. The details of the chief minister's assets, along with those of his cabinet colleagues, were made public on Sunday evening.

Kumar's disclosed assets include Rs 22,552 in cash and deposits amounting to Rs 49,202 spread across various bank accounts. Additionally, he possesses a Ford Ecosport car valued at Rs 11.32 lakh, two gold rings and a silver ring collectively valued at Rs 1.28 lakh, and other movable assets such as 13 cows and 10 calves worth Rs 1.45 lakh. Notably, he also owns a treadmill, an exercise cycle, and a microwave oven.

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The only immovable property in Kumar's possession is an apartment in Dwarka, New Delhi, which he acquired for Rs 13.78 lakh in 2004. The current estimated worth of this property stands at Rs 1.48 crore, contributing to the surge in the overall value of his assets. Last year, Kumar had reported total assets amounting to Rs 75.53 lakh, indicating an increase since then primarily due to the escalated value of his Delhi-based property.

Under Kumar's governance, PTI reported, it has become mandatory for all cabinet ministers to disclose their assets and liabilities annually, with the deadline set on the last day of each calendar year. Deputy Chief Minister Tejashwi Prasad Yadav declared a total income of Rs 4.74 lakh for the 2022-23 financial year. Meanwhile, Tej Pratap Yadav, also a minister in the state government, has declared assets worth Rs 3.58 crore.

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The transparency in asset declarations by the government officials offers insights into their financial standings, ensuring accountability and adherence to regulatory norms.

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Published January 1st, 2024 at 11:19 IST

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