Home India Politics Mamata declares her humble assets

Mamata declares her humble assets

By IANS,

Kolkata : While billionaire politicians are grabbing headlines, Trinamool Congress party chief Mamata Banerjee Wednesday declared assets worth Rs.4.73 lakh (Rs.473,000). She does not own a car or a house.

The 54-year-old Trinamool leader filed her nomination from the Kolkata-South Lok Sabha constituency.

She has Rs.28,322 in cash and Rs.118,740 (Rs.1.8 lakh) in bank deposits, according to an affidavit she submitted.

Banerjee – who has no bonds, debentures or shares in any company – has an investment of Rs.302,600 in National Savings Certificates and Rs.10,000 in National Savings Scheme. Her main source of income has been from her salary as an MP and royalty from books she has authored.

The West Bengal opposition party chief owns about 10 gm of jewellery worth Rs.13,531 and has no other type of movable assets.

Banerjee, a post-graduate with a law degree, has no bank loans pending against her and has paid income tax of Rs.20,000 in advance for 2009-10, the affidavit states.

Banerjee’s opponent from Kolkata South constituency Rabin Deb of the Communist Party of India-Marxist has assets of over Rs.20 lakh (Rs.2 million).