NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Mumbai News / Meet Mangal Prabhat Lodha, richest minister in Shinde-Fadnavis Maha cabinet
    Next Article
    Meet Mangal Prabhat Lodha, richest minister in Shinde-Fadnavis Maha cabinet
    The six-time MLA from Malabar Hill is also the state chief of the Bharatiya Janata Party (BJP).

    Meet Mangal Prabhat Lodha, richest minister in Shinde-Fadnavis Maha cabinet

    By Priyali Dhingra
    Aug 12, 2022
    08:16 pm

    What's the story

    Mangal Prabhat Lodha, a six-time MLA in Maharashtra, is the richest minister in the new Eknath Shinde-Devendra Fadnavis cabinet.

    Lodha stands on top with personal assets worth Rs. 441 crore, according to the Association for Democratic Reforms (ADR).

    The 66-year-old MLA from Malabar Hill is also the state chief of the Bharatiya Janata Party (BJP).

    All ministers in the new cabinet are crorepati.

    Context

    Why does this story matter?

    Maharashtra's chief minister, Shinde, gained control of a faction of the Shiv Sena following his rebellion along with other MLAs.

    The revolt reduced the Maha Vikas Aghadi coalition's government to a minority, and Uddhav Thackeray resigned as the CM on June 29.

    Shinde was sworn in as Maharashtra's CM on June 30 with the support of 40 Shiv Sena MLAs and the BJP.

    Mangal Lodha

    What are Lodha's declared assets?

    According to documents filed before the 2019 Assembly elections, Lodha has personal assets worth Rs. 441.65 crore and liabilities worth Rs. 283.36 crore.

    He is the richest minister in the new cabinet, according to ADR which analyzed the self-sworn affidavits of all 20 newly-sworn ministers, including the chief minister.

    Lodha is a 'salaried' businessman who deals in real estate as well.

    Details

    Lodha also charged under multiple IPC sections

    Lodha also has the highest liabilities among all the ministers.

    Additionally, the 63-year-old minister has five cases against him for IPC 420 (cheating and dishonesty inducing delivery of property), 406 (punishment for criminal breach of trust), and 467 (forgery of valuable security), among others.

    Shiv Sena's Sandipan Bhumare, a six-time MLA, has the lowest figures with declared assets worth Rs. 2.92 crore.

    Ministers

    All ministers in new cabinet are 'crorepati'

    CM Shinde and Deputy-CM Fadnavis declared assets worth Rs. 11 crore and Rs. 8 crore respectively.

    Eight ministers in the newly sworn-in cabinet have listed Class 10th and 12th as their educational qualifications.

    Additionally, 11 ministers have declared to be graduates, while one is a diploma holder.

    Of 15 ministers who have criminal cases against him, 13 declared that the cases against them were serious.

    Cabinet

    20 ministers in Maharashtra cabinet

    The council of ministers in the newly sworn Maharashtra government was expanded on August 9.

    The two-member cabinet inducted 18 new ministers, of which nine each belonged to Shinde's rebel Shiv Sena and the BJP.

    The cabinet was sworn in 41 days after Shinde took oath as the new CM, amid a Supreme Court hearing that may decide the 'real' Shiv Sena soon.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Maharashtra
    Shiv Sena
    Maharashtra Cabinet
    Eknath Shinde

    Latest

    Kerala start-up claims blocking 85M cyber threats during India-Pakistan conflict India
    Assamese singer Gayatri Hazarika dies at 44 after cancer battle Assam
    This Maharashtra expressway will soon become a zero fatality corridor Devendra Fadnavis
    Multi-party MPs to present world India's viewpoint on India-Pak conflict Kiren Rijiju

    Maharashtra

    COVID-19: India reports 17,073 new cases; 21 more deaths COVID-19
    ED summons Sanjay Raut, Shiv Sena MP calls it 'conspiracy' Shiv Sena
    Rebel MLAs sold themselves for lakhs and crores: Aaditya Thackeray Uddhav Thackeray
    3 killed, 11 injured in Mumbai residential building collapse Mumbai

    Shiv Sena

    Sena rebel Shinde claims he has 40 MLAs with him Guwahati
    Maharashtra crisis: Shiv Sena's Sanjay Raut hints at Assembly dissolution Maharashtra
    Maharashtra: How did this Shiv Sena MLA 'escape' rebel camp? Uddhav Thackeray
    Maharashtra: Amid Sena revolt, CM Uddhav Thackeray vacates official residence Maharashtra

    Maharashtra Cabinet

    Rs. 100 crore approved to build Bal Thackeray's sea-facing memorial Maharashtra
    Maharashtra: Ajit Pawar becomes Deputy CM, Aaditya Thackeray joins Cabinet Maharashtra
    Maharashtra Cabinet expansion: Several Congress leaders upset after being ignored Maharashtra
    Mumbai 24 hours: Malls, multiplexes plan to open 24x7 today Mumbai

    Eknath Shinde

    Maharashtra: 3 more MLAs reach Guwahati, join 'Eknath Shinde' camp Mumbai
    #NewsBytesExplainer: Here's why governor's role assumes importance amid Maharashtra crisis Supreme Court Of India
    Come back and Sena will consider alliance: Raut to rebels Maharashtra
    Maharashtra: Shiv Sena seeks disqualification of rebel MLAs, including Shinde Maharashtra
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025