Sarbananda Sonowal, in his affidavit, has declared total assets worth over ₹ 3.17 crore as against over ₹ 1.85 crore in 2016, an increase of ₹ 1,32,26,475.
Guwahati: The net worth of Assam Chief Minister Sarbananda Sonowal’s assets, both movable and immovable, have increased by over 71 per cent since the last assembly polls in 2016, despite not having bought any new immovable assets.
Sarbananda Sonowal, in his affidavit submitted as a BJP candidate from Majuli (Scheduled Tribe) candidate for the 2021 assembly polls in the state, has declared total assets worth over ₹ 3.17 crore as against over ₹ 1.85 crore in 2016, an increase of ₹ 1,32,26,475.
The 59-year old chief ministers movable assets have increased to more than ₹ 1.14 cr in 2021 as against more than ₹ 70.44 lakh in 2016 while the immovable assets have shown a rise from ₹ 1.15 crore submitted in the last polls to over ₹ 2.02 crore.
His bank deposits have escalated more than three-fold to ₹ 38,02,498 in 2021 from ₹ 12,13,320 in 2016 while the value of his insurance policies have swelled from ₹ 28,90,794 to ₹ 43,26,461.
The chief minister owned shares in Oil India Limited (OIL) worth ₹ 8,77,500 in 2016 whose worth has risen to ₹ 13,04,697 this year.
His current cash in hand has, however, decreased to ₹ 39,030 from the ₹ 94,597, he had in 2016.
Mr Sonowal has not bought any jewellery in the last five years, declaring 30 gm of gold in both the polls whose value has however now increased to ₹ 1,35,000 from ₹ 1,00,000 in 2016.
In both the polls, the chief minister has declared household goods worth ₹ 1.90 lakh while he does not possess any vehicle as shown in the affidavits of both the assembly elections.
He has not acquired any new immovable assets since the last polls and possesses both agricultural and non-agricultural lands in Dibrugarh and Guwahati, including both inherited and self-acquired property.
The value of his self-acquired assets have increased to ₹ 96,75,000 from ₹ 35,00,000 in 2016 while the worth of inherited properties have increased to ₹ 1,06,20,000 from ₹ 80,00,000 in the last polls.
The chief minister has liabilities amounting to ₹ 27,29,460 as against ₹ 2,92,000 but has no government dues outstanding, including income, GST, municipality or property taxes.
He has declared his source of income as salary and has declared his occupation as MLA though in the 2016 polls, it was mentioned as consultant and agriculturist.
There are no pending cases against him and his educational qualifications have been listed as Bachelor of Law (LL.B) and Bachelor of Communication and Journalism, both from Gauhati University.
Mr Sonowal is contesting for the second consecutive term from Majuli (Scheduled Tribe) constituency, which goes to polls in the first phase on March 27. He filed his nomination papers for the seat on Tuesday.
Elections to the 126-member Assam legislative assembly will be held in three phases on March 27, April one and April six.