Narendra Damodardas Modi serves as the Prime Minister of India. He is best known for emerging from a trivial background to such a high position. Currently, he is one of the best and the most influential world leader. The prime minister of India is also one of the most simple living yet powerful personalities in the world with no personal luxuries.
There was an RTI (Right to Information) request asking for PM Modi’s salary.
According to the revelation, following is the monthly and annual salary of Narendra Modi (excluding perks):
- Annual: INR 18,96,000.00
- Monthly: INR 1,58,000.00
- Weekly: INR 36,461.00
- Daily: INR 5,194.00
Receiving approximately Rs.19 lakhs every year makes Modi the 12th highest paid leader in the world. If you check his stature in popular circles, he trails well behind his Chinese and American counterparts.
Apart from the salary, the PM enjoys a residence at the coveted 7, Lok Kalyan Marg in New Delhi, personal staff, SPG security, especially armored limousines, a private jet and much more.
Narendra Modi’s net worth is Rs1.41 crores including both movable and immovable assets. According to the details shared by Prime Minister’s Office (PMO) in 2016, he has just Rs 4700 in the bank. His net worth of 1.41 crore is thanks to the appreciation of movable assets and residential property.
Modi has a property in a Gandhinagar worth 1 crore and an apartment in Ahmedabad. The rest of the Rs41 lakhs are movable assets comprising of National Savings Certificates, Tax Saving Bonds, Life Insurance, Bank deposits and Fixed Deposits with SBI.
Narendra Modi is the most prominent leader of BJP (Bhartiya Janata Party). He has also remained the Chief Minister of Gujarat, India for four chronological terms. He was highly appreciated for his economic policies as the Chief Minister. Modi is the second most followed person on social platforms after Barack Obama.
