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President Pratibha Patil owns assets worth Rs 2.49 cr
Tribune News Service

New Delhi, July 25
President Pratibha Patil today made public the details of her movable and immovable properties worth over Rs 2.49 crore. The move came after the Central Information Commission requested her to take a decision on the lines of the Prime Minister.

Patil, who completed four years in the office today, posted on her website www.presidentofindia.nic.in/assets.html’ the details of here immovable properties (worth Rs 83.83 lakh) and movable assets (worth Rs 1.66 crore).

The President has a house in Amravati district of Maharashtra which is worth Rs 39.60 lakh and a 3.82-hectare farmhouse worth Rs 9.82 lakh. She has inherited 3.57 hectare agricultural land (worth Rs 7.81 lakh) from her father in Jalgaon and another piece of land worth Rs 20 lakh in Dhule district.

Patil purchased two agricultural plots, measuring 1.19 hectare and 1.49 hectare, in Jalgaon district in 1997-98. These were worth Rs 3.64 lakh and Rs 2.90 lakh, respectively.

For immovable properties, the President has primarily relied on traditional modes of investment like fixed deposits, PPF, gold and bonds of infrastructure companies.

She has fixed deposits worth Rs 68.80 lakh in various banks, investment worth Rs 29 lakh in Rural Electrification Corporation Limited bonds, Rs 4.71 lakh in Post Office Savings Scheme and Rs 12.60 lakh in Public Provident Fund of the State Bank of India, according to the property statement of March 31, 2011.

She has gold jewellery worth Rs 31 lakh and silver articles worth Rs 69,134 as well as Rs 16.33 lakh in her savings bank accounts, besides Rs 1.87 lakh cash-in-hand.

She has invested only Rs 21,775 in the share market. She has also invested Rs 66,640 in Sanjivini Savings and Investments Limited.

Activist Subhash Agrawal had sought to know the details of the assets of President Pratibha Patil and her family members under the RTI Act. The President’s Secretariat refused to give information since the information was not available on record. It also said there was no legal requirement for the President to declare her personal as well as family assets.

(With PTI inputs)

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