Former PM Manmohan Singh, the country’s economic architect, left behind assets worth so many crores, know

New Delhi: Former Prime Minister of India Manmohan Singh is no more. Born on 26 September 1932, Singh breathed his last at the All India Institute of Medical Sciences in the capital Delhi. He was 92 years old. He was considered the biggest architect of the economic reforms in the country. In the year 1991, he took over the responsibility of Finance Minister in the government led by then PM PV Narasimha Rao.

Singh, who obtained a master’s degree in economics from Punjab University and a doctorate from Oxford University, started his innings in 1971. He then took over the post of economic advisor in the Ministry of Foreign Trade in the then PM Indira Gandhi government. A year later, he was appointed Chief Economic Advisor in the Ministry of Finance. He remained in this post till the year 1976.

Between 1976 and 1980, he held many important positions including the director of RBI i.e. Reserve Bank of India. In the year 1982, he was appointed as the Governor of RBI. He remained on this post till 1985. In the year 1991, he was made the Finance Minister during the Rao government. The special thing is that when he was selected as the Finance Minister, he was not a member of any house of Parliament. In October 1991, he was elected a Rajya Sabha member for the first time. After this, he became a Rajya Sabha MP from Assam for 5 consecutive times.

Singh’s political innings ended as a Rajya Sabha MP. He retired from the Rajya Sabha on April 3. After him, former Congress National President Sonia Gandhi filed nomination for Rajya Sabha for the first time from Rajasthan.

How much was his property?
Media reports have quoted Singh’s affidavit filed at the time of Rajya Sabha elections as saying that his total property was Rs 15.77 crore and liabilities were zero. According to reports, he had Rs 30,000 in cash and jewellery worth Rs 3.86 lakh. The former PM also has apartments in Chandigarh and Delhi.

In 2012, Singh had declared his assets worth Rs 10.73 crore. Then the combined value of the flats in Chandigarh and Delhi was Rs 7.27 crore. Also, the combined value of bank and investments was Rs 3.46 crore. The special thing is that he also included Maruti 800 in his assets, which he bought in the year 1996. At that time, he also had 150.8 grams of gold jewellery.