CM Shivraj's Wealth Surges in Run-up to Madhya Pradesh Assembly Elections
- Posted on October 31, 2023
- News
- By Arijit Dutta
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Madhya Pradesh Chief Minister Shivraj Singh Chouhan, a prominent figure in the upcoming assembly elections, has revealed substantial changes in his financial portfolio. He disclosed his assets to the Election Commission while filing nomination papers for the Budhni assembly constituency in Sehore district. Chouhan's declaration indicated that his movable assets amount to Rs 1.11 crore, and he possesses immovable property valued at Rs 2.10 crore.

Madhya Pradesh Chief Minister Shivraj
Singh Chouhan, a prominent figure in the upcoming assembly elections, has
revealed substantial changes in his financial portfolio. He disclosed his
assets to the Election Commission while filing nomination papers for the Budhni
assembly constituency in Sehore district. Chouhan's declaration indicated that
his movable assets amount to Rs 1.11 crore, and he possesses immovable property
valued at Rs 2.10 crore.
Interestingly, Chouhan's wife, Sadhna Singh, holds more assets than the Chief Minister himself. She boasts movable assets
worth Rs 1.9 crore and substantial immovable properties valued at Rs 4.32
crore. Additionally, Shivraj Singh Chouhan reported having Rs 1.10 crore in
cash, while his wife holds Rs 1.15 crore.
The couple's financial assets extend
into their bank accounts as well. The Chief Minister maintains a total of Rs
92,79,104 across three different bank accounts, while Sadhna Singh has Rs
71,87,544 spread across four bank accounts.
In an intriguing revelation, it appears
that Shivraj Singh Chouhan does not own any vehicles. In stark contrast, his
wife possesses a 2000 model Ambassador car.
Furthermore, the financial affidavit
unveiled that the 64-year-old Chief Minister owns 96 grams of gold and jewelry,
which amounts to Rs 6 lakh, while Sadhna Singh possesses 535 grams of gold and
jewelry valued at Rs 34 lakh. Shivraj Singh Chouhan also has a licensed
revolver and owns agricultural land worth Rs 1,59,35,000, whereas his wife's
agricultural land holdings are valued at Rs 3,30,00,000.
The couple's real estate portfolio includes three residential properties in Vidisha and Jait village, with a combined worth of Rs 51,25,000. Shivraj Singh Chouhan's total assets amount to Rs 3,21,80,282, while Sadhna Singh's total assets are valued at Rs 5,41,14,644.
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The most noteworthy revelation in the
financial declaration is that Chief Minister Shivraj Singh Chouhan's total
assets now stand at Rs 8.62 crore, a significant increase from the Rs 7.66
crore he declared in the 2018 Assembly elections. His wealth has grown by
nearly Rs 1 crore in the past five years, given that he had reported total
assets worth Rs 6.27 crore in 2013.
Shivraj Singh Chouhan and his wife
derive their income from multiple sources. The Chief Minister's sources of
income include his salary, farming, and horticulture, while his wife generates
income through farming, horticulture, and renting properties.
In terms of liabilities, the Chief
Minister reports a total liability of Rs 2.14 lakh, whereas his wife, Sadhna
Singh, carries a liability of Rs 66,58,251. This comprehensive declaration
offers a detailed insight into the financial status of Madhya Pradesh's Chief
Minister as the state gears up for the upcoming assembly elections.