Telangana CM richer by Rs 55 mn\, acquires 16 acres land\, but owns no car

Telangana CM richer by Rs 55 mn, acquires 16 acres land, but owns no car

The Telangana Rashtra Samiti supremo, whose party symbol is a car, does not own one

Press Trust of India  |  Hyderabad 

K Chandrashekar Rao, Telangana
Chief Minister K Chandrashekar Rao (Photo: Twitter/@TelanganaCMO)

caretaker Chief Minister is richer by nearly Rs 55 million, and acquired 16 acres of agricultural land during the past four years, according to the affidavit he filed along with his nomination for Assembly constituency.

However, the Rashtra Samiti supremo, whose party symbol is a car, does not own one, according to the affidavit he filed Wednesday.

The total value of his movable and immovable assets stood at Rs 226.1 million in the latest affidavit against Rs 159.5 million in 2014.

His liabilities have grown by over Rs 10 million to Rs 88.9 million. It was Rs 78.7 million in 2014, the affidavit says.

In the 2014 general elections, he showed that he owned 37.70 acres of agricultural land and the latest affidavit says that it is 54.24 acres.

Rao says he is facing as many as 64 criminal cases related to the separate agitation.They are in various stages.

First Published: Thu, November 15 2018. 10:50 IST