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Narendra Modi Net Worth

What is Narendra Modi’s Net Worth in 2024?

The political figure from India, Narendra Modi, is worth $100,000. As of 2014, Narendra Modi has held the office of India’s 14th prime minister. Before this, he served as Gujarat’s chief minister from 2001 until 2014. Modi is a very divisive person who has drawn criticism for his extreme right-wing Hindu nationalism and for eroding India’s democratic institutions.

Salary Of Narendra Modi

Prime Minister Narendra Modi receives a salary of ₹280,000 (about USD 3,500) per month.

Early Life Of Narendra Modi

On September 17, 1950, in Vadnagar, Bombay State, India, Gujarati Hindu grocer Narendra Modi was born. He was Hiraben and Damodardas’ third child out of six. Modi began attending the local training sessions of Rashtriya Swayamsevak Sangh, a far-right Hindu nationalist paramilitary outfit, when he was eight. Modi traveled throughout India after earning his Higher Secondary Certificate in Vadnagar in 1967. Eventually, he moved to Ahmedabad to live with his uncle. Modi participated in a Jana Sangh Satyagraha in Delhi in 1971 to engage in the Bangladesh Liberation War. Following that, he started working full-time for the Gujarat branch of the RSS. Modi later graduated with a bachelor’s degree in political science from Delhi University’s School of Open Learning in 1978. In 1983, he went to Gujarat University to earn his MA in the same discipline. On the other hand, there has been some doubt regarding these degrees’ legitimacy.

Political Career Beginnings

In 1975, following the declaration of a state of emergency in Gujarat by Indian Prime Minister Indira Gandhi, Modi was appointed general secretary of an RSS group that opposed the state of emergency. The RSS was then outlawed, and Modi had to go into hiding while pretending to avoid being arrested. He produced a book, distributed leaflets, and coordinated anti-government protests during this period. After India’s state of emergency ended, Modi started working as a regional organizer of the RSS in Surat, Vadodara, and Delhi. The RSS transferred him to the Bharatiya Janata Party in 1985, where he advanced through the organization’s ranks by holding various posts. Eventually, Modi attained the position of general secretary.

Life Of Narendra Modi

Chief Minister of Gujarat

Modi was elected to the legislative assembly shortly after becoming Gujarat’s chief minister in 2001. He and his government were complicit in the next year’s Gujarat riots, which broke out when Modi accused Muslims in the area of being to blame for a train disaster near Godhra that took many Hindu pilgrim’s lives. Three-quarters of the roughly 1,000 persons who died during the ensuing riots were Muslims. Beyond the riots in Gujarat in 2002, Modi and his government faced harsh criticism for not addressing the state’s issues with poverty, education, and health. Nevertheless, Modi maintained a certain level of popularity and led Gujarat as chief minister till 2014.

Prime Minister of India Narendra Modi

Modi led the BJP to a parliamentary majority in the 2014 Indian general election, the first for any party in India since 1984. Subsequently, his administration reduced social welfare, healthcare, and education spending while increasing direct foreign investment. Along with these actions, Modi introduced a well-publicized push for sanitation, started the contentious process of demonetizing high-denomination banknotes, and undermined or repealed several labor and environmental legislation. His administration gained notoriety in 2019 when it launched the disastrous Balakot airstrike against a purported terrorist training facility in Pakistan. Six Indian servicemen lost their lives as a result of friendly fire during the abortive airstrike. However, Modi and his party easily won the 2019 Indian general election, in part because of his persistent anti-Muslim, pro-Hindu nationalist rhetoric.

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The administration of Modi removed Jammu and Kashmir, an Indian-administered part of the hotly contested Kashmir region, from its unique status during his second term in office. Additionally, the administration approved the divisive Citizenship Amendment Act. This anti-Muslim measure provoked massive demonstrations and set off the deadly 2020 Delhi riots, during which Hindu mobs attacked and killed Muslims, occasionally with the assistance of state police. Three contentious farm policies in India sparked more tension and prompted farmer sit-ins nationwide. India’s democratic institutions have been steadily eroding throughout Modi’s presidency. Modi has received a lot of flak for pushing India’s realignment with far-right Hindu nationalism despite having high support ratings at home.

Narendra Modi’s Lifestyle

As a prominent political figure, Modi enjoys a luxurious lifestyle. He resides in official residences provided by the government, including the Prime Minister’s residence in New Delhi. Additionally, he possesses personal assets and possessions, befitting his status as the leader of a populous nation.

Controversies and Allegations

Despite his political success, Modi has faced allegations of accumulating undisclosed wealth. Critics have accused him of favoring certain corporations and having close ties with influential business people. However, Modi has consistently denied these allegations and refuted any claims of financial impropriety.

Philanthropy and Charitable Work

Beyond politics, Modi is recognized for his philanthropic endeavors and charitable contributions. He has initiated several welfare schemes aimed at improving the lives of marginalized communities in India. While these efforts impact his net worth, they reflect his commitment to social development.

Personal Life Of Narendra Modi

Modi married Jashodaben Chimanlal in an arranged union when he was eighteen. He never got a divorce, but he left her quite quickly. A vegetarian and abstainer of alcohol, Modi has a frugal way of life. Despite being an introvert, he is well-known for his charisma, vitality, and what some have referred to as arrogance.

Conclusion

In conclusion, Narendra Modi’s net worth underscores his significant influence on Indian politics and society. Despite controversies and allegations, he remains a formidable leader committed to advancing India’s interests. Understanding his financial status provides valuable insights into power and wealth dynamics in contemporary politics.

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