According to the documents, KCR is richer by Rs. 7 crore since 2014, when he took over as chief minister of newly-carved Telangana.
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K Chandrashekar Rao or KCR filed his papers to contest from
Telangana's Gajwel.
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HYDERABAD:
Telangana Chief Minister K
Chandrashekar Rao is an "agriculturist" with around Rs. 22
crores to his name but no car, according to details he submitted while filing
his nomination on Wednesday for the December state election.
Mr Rao - or KCR as he is
popularly known - filed
his papers to contest from Gajwel assembly constituency.
According to the documents, KCR
is richer by Rs. 7 crore since 2014, when he took over as chief
minister of newly-carved Telangana. Among his assets, he has listed a 54-acre
agricultural land. His wife K Shobha has movable assets of over Rs. 94.5
lakh.
The Telangana Rashtra Samithi
(TRS) chief has listed agriculture as his profession and declared a farm income
of Rs. 91.5 lakh annually. He also owns shares in Telangana
publications and Telangana Broadcasting Private Limited.
While he does not own a car, his
convoy added four brand new Toyota Landcruiser Prados in 2015.
The Chief Minister owns a house
in Hyderabad and another in Karimnagar, together valued at Rs.5.10 crore.
He also has two-acre non-agriculture land in Siddipet district valued Rs. 60
lakh.
According to the affidavit, KCR
has liabilities to the tune of Rs. 8.88 crore in the form of
unsecured loans. He has no bank loans.
Also, there are 63 criminal cases
against him.
His affidavit reveals that he
owes Rs. 84 lakh to his son KTR or KT Rama Rao.
While filing his financial
details during the 2014 election, KCR had declared assets worth Rs.16.94
crore. His income for the financial year 2012-13 was Rs. 6.59 lakh.
Telangana will vote on December 7
and the results will be declared four days later.
Source:https://www.ndtv.com/telangana-news/telangana-elections-2018-agriculturalist-kcr-has-rs-22-crores-assets-no-car-owes-lakhs-to-son-affida-1947740
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