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TRS chief Chandrasekhar Rao's assets up by 41% to Rs 226 million in 4 years

The total value of his movable and immovable assets stands at Rs 226.1 million now as against Rs 159.5 million declared in 2014, an increase of about 41%, according to Rao's affidavit

Press Trust of India  |  Hyderabad 

Chandrasekhar Rao
FIle photo of Chandrasekhar Rao

K Chandrasekhar Rao's total asset has increased by about 41 per cent to Rs 226.1 million in the last over four years and even though his party's symbol is a 'car', he does not own one, his election affidavit reveals.

The Telangana Rashtra Samiti (TRS) supremo filed the affidavit along with his nomination papers Wednesday for the Gajwel assembly constituency. Telangana goes to poll on December 7.

The total value of his movable and immovable assets stands at Rs 226.1 million now as against Rs 159.5 million declared in 2014, an increase of about 41 per cent, according to Rao's affidavit.

The has acquired an additional 16 acres of agricultural land during the period, it said.

In the 2014 general elections, Rao had declared that he owned 37.70 acres of agricultural land and according to the latest affidavit, it stood at 54.24 acres.

Rao's liabilities stood at Rs 88.9 million as against Rs 78.7 million in 2014, the affidavit said.

The said he was facing 64 criminal cases related to the separate Telangana agitation and that they were in various stages of prosecution.

First Published: Thu, November 15 2018. 16:35 IST
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