Naveen's property increases Rs 1 lakh in a year

Image
Press Trust of India Bhubaneswar
Last Updated : Oct 03 2017 | 4:48 PM IST
Odisha Chief Minister Naveen Patnaik's assets increased slightly over Rs 1 lakh in a year to be over Rs 49 crore, according to his declaration for 2016-17.
Patnaik has declared his movable and immovable properties worth around Rs 49,22,21,637.29. There is a hike of Rs 1,05,212, as compared to his last year's asset of Rs 49,21,16,425.
The chief minister had availed Rs 15 lakh as temporary loan from his sister Gita Mehta that he has not yet returned, the declaration statement said today.
Patnaik owns an Ambassador car of 1980 model worth Rs 10,477.
Patnaik's immovable properties included his 2/3rd share in Naveen Niwas, his residence, in Bhubaneswar, 50 per cent share in a property situated at APJ Abdul Kalam Road in New Delhi and a 22.7 acre farm land along with a building at Faridabad in Haryana.
In the property statement, he also mentioned that he has a total deposit of Rs 24.5 lakh in various bank accounts in Odisha and New Delhi.
This apart, the chief minister is in possession of jewellery worth Rs 2,05,518.
Besides Patnaik, 20 other members of his council of ministers also submitted their property list for 2016-17.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 03 2017 | 4:48 PM IST

Next Story