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PM Modi declares his assets. All about where he has invested his personal wealth

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PM Modi declares his assets. All about where he has invested his personal wealth

Prime Minister Narendra Modi recently voluntarily declared his assets and liabilities along with his cabinet colleagues. PM Modi’s wealth is worth nearly ₹2.85 crore as of June 30, 2020, up from ₹2.49 crore worth of assets declared by him in 2019.
The increase in assets is largely due to increase in his bank balance and addition in the value of his bank fixed deposits.

The 70-year-old Prime Minister has zero debt. PM Modi had ₹31,450 in cash at June-end. PM’s savings account balance was ₹3.38 lakh on June 30 against ₹4,143 on March 31, 2019. His FD in State Bank of India’s Gandhinagar branch increased to ₹1,60,28,039 as of June 30, 2020 from ₹1,27,81,574 in the last fiscal year.

PM has four gold rings weighing approximately 45 grams worth ₹1,51,875. PM has not invested in equities. PM has a plot and house in Gandhinagar worth ₹1.1 crore. He is a part owner of this along with his family. This immovable property is held by PM along with three other joint owners.

PM’s declaration of his wealth states that he doesn’t own a car, or any motor vehicle.
PM Modi’s favoured tax-saving tools are life insurance, National Savings Certificates (NSCs) and infrastructure bonds. PM saves taxes through the National Savings Certificates of ₹8,43,124 and paid a premium of ₹1,50,957 for his life insurance.

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In FY19-20, the Prime Minister had ₹7,61,646 of National Savings Certificates and paid ₹1,90,347 as life insurance premiums. The L&T Infrastructure bond PM Modi purchased in January 2012 for ₹20,000 has not yet reached maturity.

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The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

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The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

Madras High Court Grants Early Screenings of Vijay’s “Leo” Movie at 7 AM, Urges TN Government to Address Concerns

The Madras High Court has made a landmark decision in favor of the much-anticipated Tamil film “Leo,” starring actor Vijay. In a significant move, the court has granted permission for early screenings of the movie from 7 AM, urging the Tamil Nadu government to swiftly address any issues and facilitate the smooth release of the film. This decision marks a pivotal moment in the realm of Tamil cinema and the entertainment industry at large.

Historical Context:

The Indian film industry, particularly the Tamil film industry, has seen its share of controversies and challenges related to film releases. Issues such as censorship, political disputes, and public sentiment have often played a significant role in shaping the release schedules and screening times for films. Vijay, one of Tamil cinema’s most prominent actors, has been at the center of such controversies in the past. This decision by the Madras High Court is, therefore, particularly noteworthy.

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The Ruling:

The Madras High Court’s decision to permit early screenings of “Leo” comes as a response to a plea filed by the film’s producers. The court, while considering the plea, took into account various factors, including the film’s anticipated popularity and the prevailing circumstances. The court emphasized the importance of accommodating the audience’s interests and allowing them to enjoy the film without disruptions.

A Step Towards Normalization:

The court’s decision signifies a positive shift in the film industry, where release dates and screening times are often mired in controversy. By allowing screenings to commence at 7 AM, the court aims to reduce the chances of public unrest and congestion near theaters, especially in the wake of high-profile film releases.

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The Role of the Tamil Nadu Government:

The Madras High Court, in its ruling, also called upon the Tamil Nadu government to cooperate in ensuring a seamless release for the film. This cooperation extends to providing necessary security measures to maintain law and order around theaters during the early screenings.

Implications for the Entertainment Industry:

The decision is expected to set a precedent for the release of other highly anticipated films, not just in Tamil cinema but also in the broader Indian film industry. The court’s emphasis on the importance of accommodating the audience’s interests could lead to more flexible screening times for movies in the future.

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The Audience’s Perspective:

For moviegoers and fans of Vijay, this decision comes as a welcome relief. They can now look forward to enjoying the film without any undue delays or disruptions, ensuring a memorable cinematic experience.

In conclusion, the Madras High Court’s ruling to allow early screenings of Vijay’s “Leo” at 7 AM while urging the Tamil Nadu government to resolve any issues paves the way for a more audience-centric approach in the film industry. It is a landmark decision that highlights the importance of balancing the interests of filmmakers and the movie-loving public. This judgment is poised to make a positive impact on the release of future films, ushering in a new era of flexibility and convenience for cinema enthusiasts.

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