Himachal Pradesh elections: Virbhadra Singh’s assets decline, CM states in affidavit he has no vehiclehttps://indianexpress.com/elections/himachal-pradesh-assembly-elections-2017/himachal-pradesh-elections-virbhadra-singhs-assets-decline-cm-states-in-affidavit-he-has-no-vehicle-4899360/

Himachal Pradesh elections: Virbhadra Singh’s assets decline, CM states in affidavit he has no vehicle

In the affidavit, Virbhadra Singh stated he owned movable assets worth Rs 7.15 crore, while his wife Pratibha Singh's assets were valued at Rs 2.51 crore

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Himachal Pradesh CM Virbhadra Singh.

Six-time Himachal Pradesh Chief Minister Virbhadra Singh’s assets have decreased by Rs 3.46 crore during the past five years, while he has a loan liability of Rs 39 lakhs.

Singh filed an affidavit on Friday stating his movable and immovable assets along with nomination papers from the Arki assembly constituency in Solan district for the November 9 state polls. In the affidavit, Singh stated he owned movable assets worth Rs 7.15 crore, while his wife Pratibha Singh’s assets were valued at Rs 2.51 crore. However, the CM’s movable assets in 2012 were worth Rs 8.26 crore, and his wife’s were valued at Rs 4.87 crore.

Surprisingly, Virbhadra Singh has stated he doesn’t own any vehicle in his name. As per the latest details, the CM’s immovable assets are valued at Rs 6.53 crore as compared to Rs 18.78 lakh when he filed his nomination in 2012. His wife had immovable assets to the tune of Rs 30 lakh in 2012 and it has now increased to Rs 14.31 crore.

Pratibha Singh’s immovable assets have increased due to the transfer of agriculture land at Sarahan, which has a market value of Rs 12.08 crore, in her name. Moreover, non-agricultural land, a building at Sarahan worth Rs 23,21,344, the Shanti Kunj Estate and farm houses in Sarahan worth Rs 2 crore were also transferred in her name.

Virbhadra Singh has stated in the affidavit that he had Rs 5.50 lakh cash in hand and wife had Rs 50,000. The CM owns jewellery worth Rs 3 lakh, while his wife’s silver and gold were valued at Rs 47 lakh. The CM also has Rs 5.58 crore deposited in 13 bank accounts and has taken a home loan of Rs 39 lakhs from the Himachal Pradesh government. The former Union Minister and his wife have insurance policies worth Rs 1 crore each.

The CM has also given details of his Facebook and Twitter account (@ virbhadra Singh) as per the Election Commission requirements.

Virbhadra Singh has stated that during the assessment year 2017-18, his self income was Rs 31,12,380, while his undivided family’s net agriculture income was Rs 31,51,100 and Rs 45, 45,600. He also mentioned in the affidavit that in Punjab National Bank’s Rampur branch he had a fixed deposit worth Rs 24, 97, 508, while his wife had Rs 56,888 in the savings account of same bank.

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The CM has one case registered against him by the CBI under Section 13 (2), read with section 13 (1) (c) of PC Act, 1988, and Section 465, read with section 471 of the Indian Penal Code.