Born on 17 February 1954, K. Chandrashekhar Rao (KCR), the leader of Bharat Rashtra Samithi (BRS) political party and former Chief Minister of Telangana has turned 72 today. KCR has been a subject of public interest regarding his financial standing. On his birthday, lets find out how rich is the current Leader of Opposition (LoP) of the Telengana assembly according to the election affidavits filed during the Telangana 2023 polls. Assets Exceed Liabilities According to the affidavit, KCR’s declared assets amount to approximately ₹58.93 crore. However, it’s important to note that he had also declared liabilities of around ₹24.51 crore. This translates to a net worth of ₹34.42 crore. Breakdown of Assets Let’s break down KCR’s assets into different categories: Movable Assets: ₹35.43 Crore Cash: ₹2.96 lakh (Self) + ₹1.10 Lakhs (HUF) = ₹4.06 lakh Deposits in Banks, Financial Institutions: ₹17.58 Crore (includes savings accounts and fixed deposits of both KCR, his wife and HUF) FD with Bank of Baroda: Over ₹37 lakh Bonds, Debentures, and Shares: ₹6.47 Crore (Investments in Telangana Broadcasting Pvt. Ltd and Telangana Publications Pvt. Ltd) Personal Loans/Advances Given: ₹8.50 Crore (includes investment in Telangana Publications Pvt. Ltd and Vehicle Advance) Motor Vehicles: ₹1.16 crore (includes various tractors, JCB, and other vehicles owned by HUF) Jewellery: ₹1.66 crore (includes gold, diamonds, and silver articles) Immovable Assets: ₹23.50 crore Agricultural Land (HUF): ₹7.50 Crore (53.30 Acres) Non-Agricultural Land (HUF): ₹3.50 Crore (9.365 acres in Markook Mandal, Siddipet Dist) Residential Buildings: ₹12.50 Crore (includes properties in Hyderabad and Erravalle Village) Bank Account Details KCR has multiple bank accounts, including savings accounts and fixed deposits, primarily in Bank of Baroda and State Bank of India. The total value of deposits amounts to approximately ₹17.58 Crore. Liabilities Criminal Cases The affidavit also mentions that KCR has 9 criminal cases pending against him, including charges related to theft, criminal intimidation, and rioting. Income Tax Returns KCR’s Income Tax Returns (ITR) show a total income of: Source of Income KCR’s primary sources of income are listed as: Educational Details: Bachelor of Arts (BA) Post navigation India’s wholesale inflation rises to 10-month high:Increases to 1.81% in January; food and beverage items become expensive Foreign visitors can now use UPI during India AI Summit:They can scan any QR code and pay instantly; here’s how it works
