Dr. Mohan Yadav has recently assumed the role of Chief Minister in the state of Madhya Pradesh. In a swearing-in ceremony held on Wednesday, Dr. Yadav, along with his Cabinet colleagues, Rajendra Shukla and Jagdish Devda, took the oath of office and secrecy. This article provides a comprehensive exploration of Dr. Yadav's financial portfolio, delving into his assets, income sources, and key details about his political journey.
1. Financial Overview:
1.1 Assets and Income:
Dr. Mohan Yadav, at 58 years old, hails from Ujjain and has declared assets totaling ₹42.04 crores in his recent election affidavit. This marks a significant increase from ₹31.97 crores declared during the 2018 elections and ₹16.95 crores a decade ago in 2013.
1.2 Income Trends:
Analyzing Dr. Yadav's income over the past few fiscal years reveals interesting patterns. In 2018-19, his total income amounted to ₹27.78 lakhs, which saw a substantial rise to ₹31.21 lakhs in 2019-20. However, a decline was noted in 2020-21, with his income dropping to ₹21.31 lakhs. The subsequent fiscal year, 2021-22, witnessed a significant decrease, reaching ₹12.35 lakhs. The trend reversed in 2022-23, with his income doubling to ₹24.20 lakhs.
2. Spouse's Income:
2.1 Mrs. Seema Yadav's Earnings:
Dr. Yadav's wife, Seema Yadav, reported an income of ₹20.76 lakhs in 2018-19, which decreased to ₹17.16 lakhs in 2019-20. Despite a rebound to ₹21.06 lakhs in 2020-21, her income experienced a sharp decline to ₹9.99 lakhs in 2021-22 and further dropped to ₹7.07 lakhs in 2022-23.
2.2 Total Household Income:
Collectively, Dr. Yadav and his wife hold 17 bank accounts with a combined deposit of ₹28.68 lakhs. Additionally, they possess ₹6.42 lakhs invested in bonds, debentures, and shares of various companies. Life insurance premiums amounting to ₹13.52 lakhs are also part of their financial portfolio.
3. Personal Holdings and Valuables:
3.1 Real Estate:
Dr. Yadav owns agricultural land in three locations, and Mrs. Yadav has two non-agricultural plots, with a cumulative value of ₹15.88 crores. The couple also possesses residential properties valued at ₹6.14 crores.
3.2 Vehicles and Jewelry:
Dr. Yadav owns two vehicles, an Innova car valued at ₹22 lakhs and a Suzuki Access scooter worth ₹72,000. His personal jewelry is valued at ₹8.4 lakhs. In contrast, Mrs. Yadav holds jewelry worth ₹15 lakhs in gold and ₹78,000 in silver.
3.3 Firearms:
Dr. Yadav has declared ownership of a revolver worth ₹80,000 and a 12-bore rifle valued at ₹8,000.
4. Political and Academic Background:
Dr. Mohan Yadav earned his Ph.D. from Vikram University, Ujjain, in 2010. Prior to this, he completed his LLB, BSc, and MA. His political career began with his election as an MLA, and he has steadily risen through the ranks. Known for his academic achievements, Dr. Yadav has contributed significantly to education and has been involved in various capacities at Vikram University.
Dr. Mohan Yadav's journey from Ujjain to assuming the role of Madhya Pradesh's Chief Minister is marked by financial growth and a diverse career in politics and academia. As he leads the state, his financial disclosures offer a glimpse into the economic facets of his life, emphasizing the need for transparency and accountability in public service.
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