Narendra Modi Net Worth: The Wealth of The PM of India

By Team ABJ

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Narendra Modi is the Prime Minister of India, the second-most populous country on Earth, with a population of 1.4 billion people. He is also recognized as one of the most powerful and influential leaders globally, ranking ninth on Forbes’ list of powerful people in 2018. According to his latest declaration, Modi’s net worth increased from ₹2.85 crores ($383,000) in 2020 to ₹3.07 crore ($413,000) in 2021. His assets include a residential plot in Gandhinagar, Gujarat, valued at ₹1.1 crores ($148,000), bank deposits totaling ₹1.47 crore ($198,000), jewelry worth ₹4.45 lakh ($6,000), and a life insurance policy worth ₹1.9 lakh ($2,500). Modi is renowned for his simple lifestyle and vegetarian diet. He neither owns a car nor keeps his salary, instead choosing to donate it to various causes.

More About Narendra Modi

Narendra Modi is the 14th and current Prime Minister of India, having assumed office in 2014. He is a senior leader of the Bharatiya Janata Party (BJP). Prior to his role as Prime Minister, Modi served as the Chief Minister of Gujarat, a prosperous western Indian state, from 2001 to 2014. He is widely recognized as a charismatic and popular leader who has initiated various reforms and development projects in India.

Modi was born on September 17, 1950, in Vadnagar, a small town in Gujarat. He hails from a humble background and, as a child, assisted his father in selling tea at a railway station. He completed his master’s degree in political science from Gujarat University and joined the Rashtriya Swayamsevak Sangh (RSS), a pro-Hindu volunteer organization, in his early twenties. He rose through the ranks of the RSS and later joined the BJP, where he became an influential strategist and organizer.

Modi’s political career has been marked by both achievements and controversies. During his tenure as Chief Minister of Gujarat, he was credited with improving the state’s economy, infrastructure, and security. However, he also faced accusations of responsibility or complicity in the 2002 Gujarat riots, which resulted in the deaths of more than 1,000 people, mostly Muslims. Various investigations cleared him of any wrongdoing, but he received criticism from human rights groups and some Western countries.

As Prime Minister of India, Modi has pursued an ambitious agenda encompassing economic growth, social welfare, national security, foreign policy, and cultural nationalism. Some of his major initiatives include demonetizing high-value currency notes to combat corruption and black money, implementing a nationwide goods and services tax (GST) to simplify taxation, launching schemes to provide health insurance, toilets, bank accounts, cooking gas cylinders, and digital literacy to millions of impoverished individuals, promoting renewable energy sources, bolstering defense capabilities, enhancing relations with major global powers, advocating for yoga and Indian culture, and revoking the special status of Jammu and Kashmir.

He has received numerous awards and honors for his leadership skills and vision. Additionally, he is known for effectively using social media platforms like Twitter and Facebook to communicate with his supporters and followers.

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