Jyotiraditya Scindia's Mega Fortune: Election Declaration Shows Over Rs 300 Crore Family Empire
In individual capacity, the minister's immovable property stands at a total of Rs 36 crore.
Union Minsiter Jyotiraditya M. Scindia's declared assets paint a picture of both individual enterprise and familial inheritance, which exceed a whopping Rs 300 crore, complete with a vintage 1960 BMW.
Scindia, also the scion of Gwalior's royal family, was affiliated with the Congress party, before he turned to join the Bharatiya Janata Party. The Civil Aviation Minister has filed his nomination papers for the Guna parliamentary seat.
In individual capacity, the minister's immovable property stands at a total of Rs 36 crore. This comprises Rs 18.64 crore of self-acquired assets, alongside Rs 16.93 crore of ancestral wealth.
Yet, beyond his personal fortunes lies a legacy of even greater magnitude. Disclosure of the Hindu Undivided Family assets belonging to his late grandfather, Jiwajirao M. Scindia, reveal a vast empire worth over Rs 326 crore.
The minister's cash reserves stand at Rs 25,000, while his fixed deposits have a sum of Rs 2.25 crore.
Scindia has Rs 1.62 crore collectively locked in bonds, debentures, and shares, with advances extended totaling Rs 16.80 lakh.
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The minister's total income stood at Rs 56.58 lakh in fiscal 2023 and Rs 1.57 crore in fiscal 2019. His liabilities amount to Rs 47.50 lakh.
