Dr. Manmohan Singh, one of India’s most respected politicians, served as Prime Minister from 2004 to 2014. Known for his economic vision,ManmohanSingh was instrumental in India’s economic liberalization as Finance Minister in PV Narasimha Rao’s government. His policies laid the foundation for India’s rapid economic growth.
Net Worth and Assets in 2018
In 2018, while filing his nomination for the Rajya Sabha,Dr Manmohan Singh disclosed his total assets in an affidavit. His net worth was valued at Rs 15.77 crore, including residential properties and investments. Key details from the affidavit include:
- Flats in Delhi and Chandigarh
- Total deposits and investments worth Rs 3.46 crore in his SBI account (as of 2013)
- Jewelry valued at Rs 3.86 lakh
- Rs 12.76 lakh in the Postal Savings Scheme
- He also reported no outstanding debts, reflecting his disciplined financial management.
Real Estate and Vehicle
Dr. Manmohanv Singh owned properties in Delhi and Chandigarh. In 2013, these apartments were valued at Rs 7.27 crore, a figure that has likely appreciated over time. Additionally, he owned a modest Maruti 800 car, showcasing his simple lifestyle.
Income and Financial Details
For the fiscal year 2018-19,Manmohan Singh’s reported income was Rs 90 lakh, derived from various sources, including government pensions and returns on investments. He maintained cash holdings of Rs 30,000 and had bank deposits that reflected consistent financial prudence.
Early Life and Education
Born on September 26, 1932, in Punjab (then undivided India), Dr.Manmohan Singh’s journey to greatness began with his matriculation from Panjab University in 1948. He earned a first-class honors degree in economics from Cambridge University in 1957 and a DPhil in economics from Oxford University in 1962. Married to Mrs. Gursharan Kaur, he is a proud father of three daughters.
A Legacy of Simplicity and Integrity
Dr.Manmohan Singh’s financial disclosures and lifestyle underline his commitment to simplicity and ethical conduct. Even as he held some of the most powerful positions in India, his net worth and personal assets reflect a life of integrity and service.
