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Patna, Oct 16 (IANS) A day after Bihar Deputy Chief Minister Vijay Kumar Sinha filed his nomination papers from Lakhisarai assembly constituency, his election affidavit has drawn people’s attention, especially the significant difference in wealth between him and his wife Sushila Devi.
According to the affidavit submitted to the Election Commission, Vijay Sinha declared movable assets worth Rs 1.01 crore, which includes Rs 55,000 in cash, Rs 29 lakh in bank deposits and stock investments worth over Rs 45 lakh.
They also have 90 grams of gold worth around Rs 10 lakh, as well as a rifle and a revolver worth Rs 77,181.
In contrast, Sushila Devi’s movable assets total Rs 2.81 crore, almost three times more than her husband.
His declaration included 450 grams of gold worth Rs 49.5 lakh, an SUV worth Rs 24 lakh and capital balance of Rs 1.27 crore in Shiva Enterprises, indicating his substantial involvement in business and investment activities.
Vijay Sinha owns immovable assets worth Rs 3.20 crore in Patna, Mokama and Pune, while Sushila Devi has immovable assets worth Rs 4.59 crore. Overall, the couple’s total immovable assets are worth around Rs 8 crore, underscoring their position among the wealthy political families of Bihar.
The affidavit also lists liabilities of Rs 28.19 lakh in Sinha’s name – mainly government motor car advances and dues to private firms – and Rs 54.13 lakh in Sushila Devi’s name, which are largely bank loans.
Their combined debt of around Rs 82 lakh is relatively minor compared to their net worth.
Vijay Sinha’s income sources include Agriculture, Ministerial Salary, Rent and Bank Interest, while Sushila Devi earns through Business, Company Salary, Rent and Interest Income.
Both appear to be financially independent, boasting diverse income streams.
Sinha also disclosed a pending income tax case involving Rs 39.14 lakh for the 2014-15 assessment year, which is under consideration by the Income Tax Department.
Political observers believe that Vijay Sinha’s nomination indicates the BJP’s confidence in retaining the Lakhisarai seat, given his stature as Deputy Chief Minister and organizational strategist.
–IANS
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