The PM's total wealth, including moveable and immovable assets, has shown an increase as well. According to latest data, Modi is richer by 22.6 per cent compared with his wealth in FY15. His overall financial assets are pegged at Rs 1.73 crore, up from Rs 1.41 crore in FY15.
A new entry in the PM's financial assets in FY16 was the royalty from books at Rs 12.35 lakh. In the previous two years, the declaration of assets did not show book royalties. Modi continues to have four gold rings weighing 45 g as before, though their value has gone up 27 per cent to touch Rs 1.27 lakh, from Rs 1.18 lakh a year before.
Among other assets, his Gandhinagar property is valued at Rs 1 crore, which is the same as last year. The PM still does not own a car, yacht or aircraft, nor has he given out any loan to any person. His savings bank account at the State Bank of India in Gandhinagar holds Rs 2.09 lakh in balance while fixed deposits at the same bank has Rs 51.27 lakh.
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