Where does PM Modi invest his money? Affidavit reveals
According to PM Modi's 2024 election paperwork, he has cash on hand of Rs 52,920 and moveable assets valued at Rs 3.02 crore. According to his 2024 affidavit, he does not own any property, a home, or a vehicle. According to PM Modi's 2024 election affidavit, his taxable income increased from Rs 11 lakh in 2018–19 to Rs 23.5 lakh in 2022–2023; this is more evidence of the trend.
He owns fixed deposit receipts (FDRs) with the bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">state bank of india totaling Rs 2.85 crore.
PM Modi has National Savings Certificates (NSC) worth Rs 9.12 lakh.
Post offices provide a government-backed fixed-income investment program called National Savings Certificates (NSCs). According to Cleartax, it provides a low-risk profile, tax benefits under Section 80C, and an annual interest rate of 7.7%.
About Rs 3 crore is the entire amount of FDs and NSCs that PM Modi has invested in.
The prime minister has been enticing foreign businesses to make investments in India.
He advised US corporations in june of last year that "now is the time to invest in india," stressing the significant changes the nation was going through.
According to a United Nations university document released in May, the Modi government has performed admirably on economic metrics.
"But between 2014 and 2022, India’s gross domestic product (GDP) per capita (a measure of income per head) rose from US$5,000 to over US$7,000 — an increase of roughly 40% in eight years," it states.
Modi is a reformer who supports conventional savings and investment vehicles such as NSCs and FDs.
In his 2019 election affidavit, PM Modi said that he had invested Rs 20,000 in a tax-saving L&T Infrastructure Bond; but, in his 2024 affidavit, he made no mention of bond investments.
But the phone number isn't in WhatsApp.
The registered cellphone number on the TrueCaller app is 'PM narendra Ji'.
Prime Minister narendra Modi provided narendramodi@narendramodi.in as his email address in his electoral affidavit.
PM Modi included his email address and mobile number in his last electoral papers as well.