Telangana CM is worth over Rs 20 crore\, owns no car

Telangana CM is worth over Rs 20 crore, owns no car

IANS  |  Hyderabad 

and TRS president K. Chandrashekhar Rao, who filed his nomination from Assembly constituency on Wednesday, has declared his total assets worth over Rs 20.60 crore, but neither he nor his wife owns any vehicle.

KCR, as Rao is popularly known, has immovable assets of about Rs 12.20 crore which includes 54-acre agriculture land valued at Rs 6.50 crore.

The Rashtra Samithi (TRS) chief, in the affidavit filed before the returning officer, has shown agriculture as his profession. He pegged his income for financial year 2017-18 at Rs 2.07 crore including agricultural income of Rs 91.52 lakh

declared that he has investments of Rs 4.71 crore in shares of Broadcasting Private Limited. He has Rs 5.63 crore in and fixed deposit.

The owns a house in and another in Karimnagar, together valued at Rs.5.10 crore. He also has 2.04 acre non-agriculture land in district valued Rs 60 lakh.

owns 75 grams of jewellery worth Rs 2.40 lakh and has Rs 2.40 lakh cash in hand while Shobha, a housewife, has 2,200 grams of gold jewellery, diamonds and valuables gems/stone worth Rs 93,66,184 and Rs. 93,595 cash in hand.

According to the affidavit, has liabilities to the tune of Rs 8.88 crore in the form of unsecured loans. He has no

While filing affidavit during 2014 elections, KCR had declared total assets of 94 crore. His income for the financial year 2012-13 was Rs 6.59 lakh.

KCR also provided details of 64 cases booked against him during Telangana agitation. No summons were issued and no charges were framed in any of these cases.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 14 2018. 23:36 IST