Prime Minister Narendra Modi's net worth is ₹3.07 crore as per his latest declaration, a rise of ₹22 lakh from last year's ₹2.85 crores, according to official data.
PM Modi doesn't have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( ₹8.9 lakh), life insurance policies ( ₹1.5 lakh), and L&T infrastructure bonds, which he bought in 2012 for ₹20,000.
The increase in wealth is primarily due to his fixed deposits in a Gandhinagar branch of the State Bank of India. According to the self-declaration filed by the PM, the fixed deposit amounts to ₹1.86 crores as of March 31 as against ₹1.6 crores last year.