TRS chief richer by Rs. 5.5cr but owns no car
What's the story
Telangana caretaker Chief Minister, K Chandrasekhar Rao, is richer by nearly Rs. 5.5 crore, and acquired 16 acres of agricultural land during the past four years, according to the affidavit he filed, along with his nomination for Gajwel Assembly constituency. However, the Telangana Rashtra Samithi (TRS) supremo, whose party symbol is a car, does not own one, according to the affidavit he filed yesterday.
Details
Rao's liabilities have grown to nearly Rs. 9 crore
The total value of Rao's movable and immovable assets stood at Rs. 22.61cr against Rs. 15.95cr in 2014. His liabilities have grown by over Rs. 1cr to Rs. 8.89cr. It was Rs. 7.87cr in 2014, the affidavit says. In the 2014 general elections, he showed that he owned 37.70 acres of agricultural land and the latest affidavit says that it is 54.24 acres.