Fri. Mar 29th, 2024

TRS Chief Chandrashekhar Rao, his son KT Rama Rao, his Nephew Thanneeru Harish filed their nominations for the upcoming Telangana Assembly Elections. The assets of the first ruling family of TRS has grown by a considerable percentage over four years, revealed by the affidavits submitted by them while filing the nomination papers.

While KCR’s assets increased by over 35 percent, his son KT Rama Rao ’s and Daughter-in-law Shamilia Kalvukuntla’s assets grown by 400% and 20 times respectively in the last four years. KCR’s nephew T. Harish Rao’s assets have also grown by over 230 percent.

A Look on KCR Assets

According to the affidavit filed by KCR this year, he shows his total annual income as per the financial year of 2017-18 as Rs 1,10,25,210, as compared to Rs 6,59,684 in the financial year 2012-13. As far as his movable assets are concerned, KCR has Rs 2,40,000 cash in hand, compared to Rs 9,90,000 in 2014. His wife has Rs 93,595 cash in hand, compared to Rs 1,50,000 in 2014.

KCR also said that his bank account balance was Rs 5,63,73,946 in 2018, compared to Rs 44,66,327 in 2014. He has also shown his investment of Rs 55,00,000 in Telangana Broadcasting Pvt Ltd (which runs T News) and Rs 4,16,25,00 in Telangana Publication Private Limited (Which runs Telangana Today) remains unchanged.

As far as jewelry is concerned, KCR has 75 grams of gold worth Rs 2,40,000. This increased from 60 grams of gold in 2014, which was worth Rs 1,80,000. His wife Shobha Rao owns 2,200 grams of gold, diamonds and valuable gemstones worth Rs 93,66,184, compared to 650 grams worth Rs 19,50,000 in 2014.

KCR also has shown that he has taken loans of over 1cr from KTR and KTR’s wife, which he has shown in the form of liabilities. KCR also said that he had a net agricultural income of Rs 91,52,657.

Increase in assets of KCR

In 2018, KCR has gross total movable assets of Rs 11,35,37,725 and gross total immovable assets worth Rs 8,88,47,570, which brings his gross total assets to Rs 20,23,85,295.

In 2014, the same figures respectively were Rs 6,50,82,464 and Rs 8,65,00,000, which means that his gross total assets were worth Rs 15,15,82,464 four years ago.

This means that KCR’s assets have increased by 33.514% since the last assembly elections.

A Look on his son KTR and his wife’s Assets

KT Rama Rao is 400 percent richer than 2014, with his annual income increased from Rs. 29 lakh in 2014 to around Rs. 74 lakh in 2018. A Telangana minister has Rs. 4.93 crore while his wife owns assets worth over Rs. 36.68 crores.

According to the affidavits submitted by KT Rama Rao, his wife Sharmila Kalvakuntla’s income shot up from Rs. 21 lakh in 2014 to over Rs. 4 crores now — an increase by 20 times. Rama Rao, son of TRS Chief popularly known as KTR, submitted documents showing that his wife is richer than him.

Rama Rao has declared a total income of Rs. 14.57 lakh and agricultural earnings of Rs. 59.85 lakh a year. His wife’s income is Rs. 3.55 crore and she makes Rs. 24.65 lakh in agricultural earnings.

Their daughter has Rs. 19.50 lakh in the bank.

A look on Nephew Thanneeru Harish Rao’s assets

In his latest affidavit, Thanneeru Harish Rao’s annual income was Rs 20,39,110, as compared to Rs 6,44,349 in 2014. His wife showed an income of Rs 2,25,03,681 in 2018, compared to Rs 10,54,300 in 2014.

Harish Rao had Rs 2,75,440 cash in hand while his spouse had Rs 2,21,122 in 2018, as compared to Rs 18 lakh and 8 lakh respectively in 2014. As far as his immovable assets were concerned, he had a total of Rs 3,46,00,000, a massive jump from Rs 45,00,000, while his wife declared immovable assets worth Rs 3,10,00,000. In 2014, his wife had declared no immovable assets.

Harish Rao and his spouse declared a gross total assets of Rs 11,44,83,799 in 2018 compared to Rs 2,96,59,608 in 2014, an increase of 285.992%.

By talharashid

Part-time Traveler| Full-time Political Enthusiast | Foodie | Strong Believer of Freedom of Speech and Expressions!

Leave a Reply

Your email address will not be published. Required fields are marked *