Categories: General Studies

Top-10 Richest Ministers in Modi 3.0 Union Cabinet, Check the List

In Prime Minister Narendra Modi’s third term, many ministers in the Union Cabinet are very wealthy. Some of them have business backgrounds, while others have inherited wealth. The richest ministers have assets worth crores of rupees, including land, businesses and investments. This article lists the top 10 richest ministers in the Modi 3.0 government, based on their declared assets, and gives a brief look at their wealth sources.

Richest Cabinet Ministers in Modi 3.0

The Modi 3.0 Cabinet, led by Prime Minister Narendra Modi, features several wealthy ministers. Among them, Dr. Chandra Sekhar Pemmasani, with assets exceeding Rs.5,705 crore, stands as the richest. The cabinet comprises prominent leaders from various political parties, holding significant portfolios in ministers such as Rural Development, Communications, Commerce and Home Affairs.

Top-10 Richest Union Cabinet Ministers in Modi 3.0

The Modi 3.0 Cabinet includes several wealthy ministers, with Dr. Chandra Sekhar Pemmasani leading the list. These ministers hold key positions in various ministries, contributing to India’s governance while managing impressive assets.

Here is the list of top-10 richest union Cabinet Ministers in Modi 3.0:

Rank Name Total Assets Political Party Ministry Portfolio
1. Dr Chandra Sekhar Pammasani Rs.5,705 crore+ TDP
  • Minister of State in the Ministry of Rural Development
  • Minister of State in the Ministry of Communications
2. Jyotiraditya M. Scindia Rs.425 crore+ BJP
  • Ministry of Development of North Eastern Region
  • Minister of Communications
3. HD Kumaraswamy Rs.217 crore+ JD(S)
  • Minister of Steel
  • Minister of Heavy Industries
4. Ashwini Vaishnaw Rs.144 crore+ BJP
  • Minister of Information and Broadcasting
  • Minister of Electronics and Information Technology
  • Minister of Railways
5. Rao Inderjit Singh Rs.121 crore+ BJP
  • Minister of State (Independent charge) of the Ministry of Statistics and Programme Implementation
  • Minister of State (Independent Charge) of the Ministry of Planning
  • Minister of State in the Ministry of Culture
6. Piyush Goyal Rs.110 crore+ BJP
  • Minister of Commerce and Industry
7. Amit Shah Rs.65 crore+ BJP
  • Minister of Home Affairs
  • Minister of Cooperation
8. Krishan Pal Rs.62 crore+ BJP
  • Minister of State in the Ministry of Cooperation
9. V. Somanna Rs.60 crore+ BJP
  • Minister of State in the Ministry of Jal Shakti
  • Minister of State in the Ministry of Railways
10. Pankaj Chaudhary Rs.41 crore+ BJP
  • Minister of State in the Ministry of Finance

Richest Cabinet Minister of Modi 3.0 – Dr. Chandra Sekhar Pemmasani

Total assets: Rs.5,705 crore

Dr. Chandra Sekhar Pemmasani is the wealthiest minister in the Modi 3.0 Cabinet. He is from the Telugu Desam Party (TDP) and represents Vijayawada, Andhra Pradesh. With assets exceeding Rs.5,705 crores, Pemmasani won the Guntur constituency in the 2024 elections. He holds important positions as the Minister of State in the Ministry of Rural Development and the Ministry of Communications, playing a significant role in the government’s growth and development efforts.

Second Wealthiest Union Cabinet Minister – Jyotiraditya M. Scindia

Jyotiraditya M. Scindia is the second richest minister of Modi 3.0 Cabinet, with assets over Rs.425 crore. He is a member of the Bharatiya Janata Party (BJP) and represents Guna, Madhya Pradesh. Scindia, from the royal Gwalior family, switched to BJP in 2020 and served as Civil Aviation and Steel Minister. In the 2024 elections, he won from Guna and was appointed as the Minister of Communications an the Minister of Development of the North Eastern Region.

Third Richest Cabinet Union Minister in Modi 3.0 – H.D. Kumaraswamy

H.D. Kumaraswamy is the third richest minister in the Modi 3.0 Cabinet, with assets worth Rs.217 crore. He is from the Janata Dal (Secular) and represents Channapatna, Karnataka. Kumaraswamy, a former Chief Minister of Karnataka, won the 2024 Lok Sabha elections and was appointed as the Minister of Steel and Minister of Heavy Industries. This marks his first time serving in the Union Cabinet.

Source: IndianExpress

Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.

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