Money Talks: New Chief Ministers Redefine Power With Staggering Assets
The just-concluded assembly elections in five Indian states have thrust numerous fresh faces into the political spotlight. Anumula Revanth Reddy of the Congress party has officially taken on the role of Chief Minister in Telangana, representing a notable achievement in his political journey. Concurrently, Vishnu Deo Sai has been designated as the Chief Minister of Chhattisgarh. Examining their assets offers insight into the financial positions of these leaders as they commence their new responsibilities.
Vishnu Deo Sai's Assets And Finances
Vishnu Deo Sai, named as the Chief Minister of Chhattisgarh, hails from Jashpur district. His financial status was disclosed during the 2023 Assembly elections. According to the Election Commission affidavits and information from myneta.info, Sai and his family possess a total wealth of Rs 3,80,81,550, with liabilities totaling Rs 65,81,921.
In terms of cash, Vishnu Deo Sai holds Rs 3.5 lakh, while his wife has Rs 2.25 lakh in cash. The total cash for the family amounts to Rs 8.5 lakh. Additionally, Sai has deposits in various banks, including Bank of Baroda, CG Rajya Gramin Bank, and SBI, totaling Rs 17,81,418. His wife has a deposit of Rs 10.9 lakh in her State Rural Bank account.
The new Chhattisgarh Chief Minister has not invested in shares, bonds, or NSS, Postal Savings, but has invested in a LIC policy. In terms of jewellery, Sai possesses 450 grams of gold, 2 kilograms of silver, and a 5 ratti diamond ring, with an estimated value of around Rs 30 lakh. His wife owns 200 grams of gold and 3 kilograms of silver.
Regarding immovable property, Vishnu Deo Sai has cultivable land worth Rs 58,43,700, non-agricultural land worth Rs 27,21,000, a commercial building valued at Rs 20,00,000, and two houses worth Rs 1,50,00,000. Additionally, he has two loans, an agriculture loan of approximately Rs 7 lakh and an SBI home loan of about Rs 49 lakh.
Revanth Reddy's Assets
Anumula Revanth Reddy's political journey began in 2006 as a Zilla Parishad territorial constituency member, culminating in his recent elevation to the position of Chief Minister of Telangana. Over the course of 17 years, Reddy has made substantial progress in his political career.
His total assets, amounting to Rs 30,04,98,852, include movable assets such as cash, bank deposits, bonds, shares, motor vehicles, jewellery, and other possessions. Notably, the gross total value of his movable assets is Rs 2,18,93,343, and his immovable assets, comprising agricultural and non-agricultural land, residential buildings, etc., are valued at Rs 8,62,33,567. Reddy's total liabilities stand at Rs 1,90,26,339.
As these chief ministers take charge, their disclosed assets provide a glimpse into their financial portfolios, setting the stage for their leadership tenures in Telangana and Chhattisgarh.
