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Delhi CM owns assets worth Rs 1.2 crore

November 10, 2008 18:53 IST

As a prudent investor, Delhi [Images] Chief Minister Sheila Dikshit has invested heavily in old age pension schemes, mutual funds and bonds, with her total assets rising two-fold to around Rs 1.2 crore as compared to Rs 56 lakh five years back.

Dikshit, who filed her nomination papers from New Delhi seat, owns ten kg of silver worth Rs 1.67 lakh, gem stones valued at Rs 1.46 lakh and gold items worth Rs 30,000, according to the affidavit declaring her assets filed in New Delhi today.

The tripling of the market value of the chief minister's flat at Nizamuddin East in the national capital has also contributed to the increase in her assets.

The flat, which was priced at Rs 21 lakh five years ago, now costs Rs 64 lakh, according to the affidavit filed before Additional District Magistrate Bansh Raj.

Dikshit has savings accounts both in public and private banks of Rs 4 lakh and Rs one lakh respectively.

Also, she has savings of Rs 1 lakh in post office and bonds worth Rs 5 lakh. She has shares valued around Rs 30,000 only, reflecting the decline in the share market.

Dikshit has invested heavily in mutual funds with mixed portfolios of listed well known companies as well as in public provident fund and senior citizens saving schemes of Rs 10 lakh each.

The Chief Minister is drawing a monthly pension of Rs 17,619, which also adds up to her total income.

Incidentally, Dikhsit, who has completed ten-years in office as chief minister of Delhi, does not own a car.

The chief minister's affidavit claims that she has not taken any loan neither does she have any criminal antecedents.

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