Maharashtra CM Eknath Shinde's Income Drops by 43% Over Five Years

Maharashtra Chief Minister Eknath Shinde’s income has declined significantly over the past five years, according to his nomination affidavit. His wife, Lata Shinde, has seen an increase in her income.

MaharashtraEknath ShindeIncomeElectionFinancial DisclosureReal Estate MaharashtraOct 28, 2024

Maharashtra CM Eknath Shinde's Income Drops by 43% Over Five Years
Real Estate Maharashtra:Maharashtra Chief Minister Eknath Shinde's income has seen a substantial decline over the past five years, as revealed in his nomination affidavit submitted for the Kopri-Pachpakhadi seat in Thane. According to the document, Shinde’s income for the fiscal year 2023-24 was Rs 34,81,135, a significant drop from Rs 61,00,841 in 2018-19, marking a reduction of nearly 43%.

Meanwhile, the financial situation of his wife, Lata Shinde, paints a different picture. Her income has increased by 59%, rising from Rs 9,94,096 in 2018-19 to Rs 15,83,972 in 2023-24. The affidavit also details their cash holdings, with Shinde reporting Rs 26,000 in cash and his wife holding Rs 2 lakh.

The couple’s investments and immovable assets are also well-documented. Shinde has reported investments worth Rs 1.44 crore, while his wife holds Rs 7.77 crore in investments. In terms of immovable assets, Shinde owns properties valued at Rs 13.38 crore, including land and flats. Lata Shinde’s immovable properties are valued at Rs 15.08 crore.

However, the financial liabilities of the couple are also noteworthy. Shinde’s liabilities amount to Rs 5.29 crore, while his wife has liabilities totaling Rs 9.99 crore.

Eknath Shinde will be contesting in the upcoming Maharashtra Assembly elections from his home constituency. He is set to face Kedar Dighe, the nephew of his late political mentor Anand Dighe, who is running on a Shiv Sena (UBT) ticket. The election results are scheduled to be declared on November 23, 2023.

For more information on the political landscape and financial disclosures in Maharashtra, visit the official websites of the Maharashtra government and the Election Commission of India.

About the Election Commission of India
The Election Commission of India is a constitutional body responsible for administering all the electoral processes in the country, ensuring free and fair elections. It plays a crucial role in the democratic process by conducting elections and overseeing the nomination process, among other responsibilities.

Frequently Asked Questions

How much did Eknath Shinde's income drop from 2018-19 to 2023-24?

Eknath Shinde's income dropped from Rs 61,00,841 in 2018-19 to Rs 34,81,135 in 2023-24, a reduction of nearly 43%.

What is the current income of Lata Shinde, Eknath Shinde's wife?

Lata Shinde's income for the fiscal year 2023-24 is Rs 15,83,972, an increase of 59% from Rs 9,94,096 in 2018-19.

What are the total immovable assets owned by Eknath Shinde and his wife?

Eknath Shinde owns immovable assets valued at Rs 13.38 crore, while his wife, Lata Shinde, owns properties valued at Rs 15.08 crore.

Who is Eknath Shinde contesting against in the upcoming Maharashtra Assembly elections?

Eknath Shinde will contest against Kedar Dighe, the nephew of his late political mentor Anand Dighe, who is running on a Shiv Sena (UBT) ticket.

When will the results of the Maharashtra Assembly elections be declared?

The results of the Maharashtra Assembly elections will be declared on November 23, 2023.

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