Narendra Modi Net Worth

What is Narendra Modi’s Net Worth?

Narendra Modi is a politician with a net worth of $400 thousand.

From 2001 until 2014, Modi served as Gujarat’s chief minister. He is a Varanasi-born parliamentarian. He belongs to the  Rashtriya Swayamsevak Sangh (RSS) and the Bharatiya Janata Party (BJP). He is the second prime minister who does not adhere to the Indian National Congress to win two successive victories in the Lok Sabha or house of representatives of India’s government. He was also the first prime minister born after the Attainment of independence in 1947. He has served as prime minister for the most significant duration of any party other than Congress.

More About Narendra Modi

Prime Minister of India

 On May 26, 2014, Narendra Modi took the oath of office as PM of India following the resounding victory of the National Democratic Alliance, led by the BJP, in the 2014 parliamentary elections. After the National Democratic Alliance, led by the BJP, won the 2019 Lok Sabha elections, Modi began his term of office. Modi is India’s fourth-longest-serving prime minister and the lengthiest non-Congress leader on December 6, 2020.

Early Life 

In Vadnagar, Mehsana region, Bombay State, on September 17, 1950, a Gujarati Hindu household of shopkeepers gave birth to Narendra Damodardas Modi. He was the third of Damodardas Mulchand Modi and Hiraben Modi’s six kids, born between 1920 and 1989. The Modh-Ghanchi-Teli (oil-presser) group, which the Indian government classifies as an OBC, was where Modi’s ancestors originated.

Modi received his M.A. in political theory at Gujarat University in Ahmedabad after growing up in a tiny hamlet in rural Gujarat. Earlier in the 1970s, he entered the pro-Hindu RSS and organized a local chapter of the ABVP, the RSS’s student wing. Modi rapidly ascended the RSS ladder, and his affiliation with the group greatly aided his eventual political career.

Modi entered the BJP in 1987, and one year later, the Gujarat unit of the party appointed him secretary general. He had a significant role in significantly increasing the group’s influence in the region during the ensuing years. Modi assisted the BJP in winning the 1995 state legislature elections, which in March enabled the party to become the first-ever BJP-controlled administration in India. Modi was one of the BJP MPs who participated in a partnership government in the state in 1990. Unfortunately, the BJP’s hold on the state administration was only in place until September 1996.

First Break

Keshubhai Patel’s condition was deteriorating in 2001, and the BJP suffered a couple losses in by-elections for state legislature seats. Patel’s reputation had been tarnished by claims of misuse of authority, bribery, and bad management, as well as by how his government handled the 2001 Bhuj disaster. Modi, who had voiced concerns about Patel’s office, was selected as the potential applicant for the chief minister when the BJP’s top leadership was looking for someone. Modi turned down Patel’s offer to serve as his deputy chief minister, assuring L. K. Advani and Atal Bihari Vajpayee that he was “either to be entirely accountable for Gujarat or not at all,” despite Advani’s concerns about Modi’s lack of government expertise and his desire to avoid alienating Patel.

He succeeded Patel as Gujarat’s CM on October 3, 2001. He was charged with preparing the BJP for the elections in December 2002. After taking the oath of office as Gujarat’s chief minister on October 7, 2001, Modi was elected to the legislative council on February 24, 2002, beating Ashwin Mehta of the INC by 14,728 ballots.

“Good governance with good intentions is the hallmark of our government. Implementation with integrity is our core passion.”

– Narendra Modi

Career

Chief Minister of Gujarat

Modi was designated the BJP’s nationwide group’s secretary in 1995, and after three years, he was made the association’s overall secretary. He kept that position for an additional three years. Still, in October 2001, he succeeded Keshubhai Patel, a senior BJP member who had been blamed for the provincial government’s inadequate reaction to the Seismic devastating events in Gujarat previously that year, which claimed more than 20,000 lives. In a by-election held in February 2002, Modi ran in his first campaign and gained a seat in the Gujarat legislative council.

But Modi’s continued political triumph in Gujarat elevated him to a position of authority within the BJP leadership. It paved the way for his re-entry into the ruling elite. Under his direction, the BJP won a significant victory in the parliamentary assembly elections of December 2002, taking 127 of the 182 house seats. The BJP won the state parliamentary elections for Gujarat again in 2007, taking 117 seats, and in 2012, with 115 seats. The organization ran on a platform of expansion and progress for the state. Modi prevailed in his elections and was re-elected as chief minister.

Prime Minister of India

Modi and the BJP won the election after a spirited contest in which he presented himself as a realistic contender who could revive India’s struggling economy. The BJP also won a resounding, overwhelming number of seats in the lower house. On May 26, 2014, Modi was sworn in as the nation’s leader. Soon after assuming power, his administration launched several changes, notably initiatives to upgrade India’s transit system and loosen restrictions on foreign direct investments. Early in his reign, Modi achieved two vital political goals. The first Chinese leader toured India in eight years, Chinese President Xi Jinping, paid him a visit in the middle of September.

Modi supervised the execution of financial development and the propagation of Hindu culture while serving as prime minister. The administration tried to outlaw the selling of cows for slaughter, among other actions that would be primarily favored by Hindus. The market policies were extensive, bringing both transitory interruptions and fundamental changes across the country. The currency devaluation and substitution of 500- and 1,000-rupee bills with just a few hours’ notice was one of the most extensive. It was intended to prevent “black money”—the currency used for illegal activities—by rendering it challenging to trade significant amounts of cash. The Goods and Services Tax (GST), which replaced a convoluted regional taxation system and resolved the spiraling tax issue, was introduced by the government the following year, centralizing the consumer tax structure.

Modi’s administration abolished the special status of the Kashmir Valley during his reelection, depriving it of independence in October 2019 and placing it beneath the direct supervision of the federal government. Due to the government’s substantial restrictions on travel and communication inside the territory and the uncertain legitimacy of denying Jammu and Kashmir’s population the right to self-determination, the decision drew harsh condemnation and court cases.

Zodiac Sign

Modi is a Virgo and was born in The Year of the Tiger. He was born in September, and that makes his Zodiac sign Virgo.

Awards

Modi was one of the few Indian leaders to achieve so, appearing on the front of Time Magazine’s Asian issue in March 2012 and June 2014. He received the CNN-News18 Indian of the Year award. Narendra was depicted on the front of Time magazine in June 2015. He was included among the 100 Greatest influential individuals around the world by Time magazine in 2014, 2015, 2017, 2020, and 2021. On September 24, 2019, he received the Global Goalkeeper Award.

Cars

All the cars that Modi rides are owned by the Government of India. He personally does not own any vehicles.

Personal Life

According to Ghanchi’s custom, Modi’s parents set up his marriage when he was a little boy. At 13, he became betrothed to Jashodaben Modi, whom he later married. When Modi started his two years of travel which included stops at Hindu ashrams, they hardly ever saw one another and eventually drifted apart. He allegedly concealed that they never wed since doing so would have prevented him from joining the fundamentalist Rashtriya Swayamsevak Sangh as a “pracharak.” For most of his life, Modi kept his wedding a secret. He initially mentioned his wife when he submitted his candidacy for the 2014 national elections. Modi and his mother, Hiraben, who is 100 years old, remain close.

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