Few politicians have caught the world’s attention as intensely as India’s Prime Minister, Narendra Modi. Narendra Modi, noted for his charismatic leadership and revolutionary vision, has been at the helm of India’s affairs since 2014. Despite the countless conversations surrounding his term, one issue remains unanswered: “What is Narendra Modi’s salary?”
Investigating the complexities of this subject provides vital insights into the structure of Narendra Modi’s remuneration and the broader ramifications for the nation’s governance. We hope to shed light on the cryptic facts of Narendra Modi’s pay, its significance, and how it relates to his function as a political leader in this essay.
Narendra Modi Salary – About him
Narendra Modi net worth, his life history, age, height, weight, and many more details are provided in this article. Narendra Modi net worth is of Rs. 3.10 crore as a Prime Minister of India. The man who started by selling tea and now the most important and powerful man of the country and across the globe, the honorable Prime Minister of India, Mr. Narendra Modi.
Let’s find out more about Mr. Prime Minister’s early life, political career, Narendra Modi salary, and his net worth. Mr. Narendra Modi is the 14th and Prime Minister of India but at the very age of 17, things was very quite different for Mr. Narendra Modi, he took a life-altering decision to leave his home and travel across India. Since then Mr. Prime Minister has travelled the world and is now the most powerful man across the globe.
Narendra Modi Net Worth:
The Prime Minister Mr. Narendra Modi Net Worth total estimated Net Worth is Rs.3.10 crore as per the latest declaration and Official data, including a residential plot in Gujarat’s Gandhinagar, bought in 2002, is valued at Rs. 1.1 crore. All these are a part of Narendra Modi’s salary structure as per the latest information.
And after becoming the Prime Minister, Mr. Narendra Modi’s net income per year is INR 19.20 lakh i.e. 160000 INR per month plus 60000 allowances and other fixed allowance for prime minister of India. Also, as one of the highest-paid leaders of the world, Mr. Modi ranks 12th across the globe.
|Net Worth (2023)
|Net Worth In Indian Rupees
|3.10 Crore INR
|Cash Balance (As per PMO Report)
|Bank Balance 2023
|Rs 1.5 lakh
|Life Insurance Policy
|L&T infrastructure bonds
His remarkable journey from serving at a Tea Stall to becoming the Prime Minister of the nation is truly motivating. Despite reaching such heights, he has managed to maintain a humble and unassuming lifestyle, with no significant increase in his personal wealth and earnings. This achievement showcases his unwavering dedication and relentless work ethic, allowing him to stay grounded and connected to his origins.
Narendra Modi Salary Description:
As of 2023, the total value of Mr. Narendra Modi’s movable and immovable assets during the period 2019 amounted to Rs 28014893. Interestingly, he does not possess any motor vehicles, aircraft, yachts, or ships. Despite holding the position of Prime Minister, he maintains his bank accounts in Gujarat and does not have any in Delhi, the capital city.
Looking at his bank deposits, Mr. Modi has Rs 94,093 with SBI and Rs 30,347 with Rajkot Nagrik Sahkari Coop Bank Ltd. Additionally he has fixed deposits amounting to Rs 1.27 Crore with SBI as per past records. His jewelry holdings consist of four pieces of gold rings, weighing approximately 45 grams and valued at about Rs 1.19 lakh INR as of 31st March 2015.
Regarding investments, Mr. Modi has L & T Infra Bonds (Tax Savings) worth Rs. 20,000, National Savings Certificates worth about Rs. 5.45 lakh, and life insurance policies worth Rs 1.99 lakhs. The cumulative value of his movable assets comes to Rs 41.15 lakh.
When it comes to immovable assets, Mr. Modi owns one-fourth part of a residential property in Gandhinagar, covering an area of 3,531.45 square feet with a built-up area of 169.81 square feet. However, he does not possess any agricultural land or commercial real estate property.
Despite his position of power, Mr. Modi’s assets reflect a relatively simple and modest financial profile, with no significant increase in wealth during his tenure as Prime Minister.
Narendra Modi’s Salary – Dependency of Prime Minister’s Net Worth
The dependency of any individual can be assessed, but for someone as influential as the Prime Minister of our nation, Mr. Narendra Modi, it hinges on his honesty and dedication. As a government official, Narendra Modi’s salary and allowances are fixed, and he has no involvement in any commercial ventures.
Despite his exceptional performance and remarkable accomplishments, we can anticipate a positive growth in Narendra Modi’s net worth over the years. However, Mr. Modi’s character suggests that he will continue to lead a simple and modest life, remaining true to his humble roots.
Some facts about Mr. Narendra Modi:
Though Mr. Narendra Modi is a well-known figure to every citizen of India, there are still intriguing and lesser-known facts about him:
- He was born on 17th September 1950 in the state of Gujarat, India, and his birth name is Narendra Damodardas Modi.
- One interesting habit of Mr. Modi is that he always signs documents in Hindi, regardless of whether they are official or during casual occasions.
- Notably, he holds the distinction of being the first Prime Minister of India born after the country’s independence from the British Empire. He assumed office as the 14th Prime Minister of India on 26th May 2014.
These fascinating facts provide a glimpse into the life and background of the notable leader who has been at the helm of India’s governance.
|Narendra Damodardas Modi
|Name in Hindi
|72 years old
|Official Twitter Handel
|17 September 1950
|Estimated Net Worth in 2023
|3.10 Crore INR
Narendra Modi Salary – Career & Early Life
Initially, Mr. Modi had no plans to enter the political arena. His dream was to become a monk and live in the Ramakrishna Mission.
In 2005, the US government rejected his visa, and his existing visa was cancelled under the US Immigration and Nationality Act.
Beyond politics, Mr. Modi possesses a creative side. He has a fondness for writing poems and enjoys photography. His literary works are in Gujarati, and he has authored several books.
In terms of his lifestyle choices, Mr. Narendra Modi is a teetotaler, refraining from both alcohol and smoking. Additionally, he follows a strict vegetarian diet.
His sense of service and compassion was evident early on in his life. During the 1965 Indo-Pak war, he volunteered to assist soldiers at railway stations. Similarly, in 1967, he served the people affected by floods in Gujarat.
Everyone holds some secrets or truths in their life, and when it comes to our favorite personalities, we become intrigued by their life stories. We hope this brief yet captivating glimpse into Mr. Narendra Modi’s life has captured your interest.
FAQs About Narendra Modi’s Salary and Political Leadership
Q1: What is the approximate value of Narendra Modi’s net worth in 2023?
A1: Narendra Modi’s net worth in 2023 is around 3.10 Crore INR.
Q2: What is Narendra Modi’s salary as the Prime Minister of India?
A2: Narendra Modi’s salary annually as the Prime Minister of India is approximately INR 19.20 lakh.
Q3: Does Narendra Modi own any luxurious assets like motor vehicles, aircraft, yachts, or ships?
A3: Based on the available data, Narendra Modi does not possess any luxurious assets like motor vehicles, aircraft, yachts, or ships.
Q4: What are the details of Narendra Modi’s movable assets?
A4: As of 2023, Narendra Modi’s movable assets include cash balance, bank deposits, fixed deposits, gold, National Savings Certificates, life insurance policies, and L&T infrastructure bonds, amounting to a cumulative value of approximately Rs 41.15 lakh.
Q5: Can you provide information about Narendra Modi’s immovable assets?
A5: Narendra Modi owns a part of a residential property in Gandhinagar, Gujarat, with an area of 3,531.45 square feet and a built-up area of 169.81 square feet. He does not possess any agricultural land or commercial real estate property.
Q6: How does Narendra Modi’s net worth compare to other world leaders?
A6: According to the latest information, Narendra Modi ranks 12th among the highest-paid world leaders.
Q7: What does Narendra Modi’s financial profile reveal about his character and dedication to public service?
A7: Narendra Modi’s relatively simple and modest financial profile, along with his lack of involvement in commercial ventures, reflects his honesty, dedication to public service, and commitment to remaining grounded despite his high-profile position.
Thus, Narendra Modi’s salary remains a subject of curiosity for many. As per the data provided it is quite evident that Narendra Modi’s salary including various allowances and benefits, amounts to INR 19.20 lakh annually.
During his time in office, Mr. Modi’s personal wealth and earnings have not experienced substantial growth, indicating his dedication, humility, and strong work ethic. His background as a tea seller ascending to the nation’s leadership is an inspiring journey.
Furthermore, the absence of involvement in commercial ventures and a modest financial profile underscore his integrity and commitment to public service. Mr. Modi’s lesser-known attributes, such as being a teetotaler and his interests in writing and photography, offer insights into the multifaceted personality of this influential leader.
In conclusion, Narendra Modi’s salary, life journey, and personal values stand as evidence of his exceptional leadership and dedication to serving the people of India. His remarkable rise from humble beginnings to the Prime Minister remains an inspiration for millions, shaping his legacy in India’s political history.