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Odisha CM Naveen Patnaik’s Assets Rise to ₹ 71 Crore: Files Nomination for Sixth Term

The affidavit, spanning 64 pages, reveals a notable increase in Naveen Patnaik's assets over the past five years, rising from ₹ 63.87 crore in 2019 to the current figure.

By: Team Pardaphash  Pardaphash Group
Updated:
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Odisha CM Naveen Patnaik’s Assets Rise to ₹ 71 Crore: Files Nomination for Sixth Term

Berhampur, Odisha: Odisha Chief Minister Naveen Patnaik has declared assets totaling ₹ 71.07 crore, marking an increase of over ₹ 7 crore from the assets declared five years ago, according to an affidavit filed with the Election Commission.

Steady Asset Growth

Naveen Patnaik, who is seeking re-election for the sixth time from the Hinjili assembly segment, filed his nomination papers accompanied by a 64-page affidavit detailing his assets. His movable assets stand at over ₹ 14.05 crore, while immovable properties are valued at ₹ 57.02 crore.

Property Details

The Chief Minister’s assets include term deposits in banks and post offices, along with significant real estate holdings. Notable among his immovable assets are Naveen Niwas in Bhubaneswar valued at ₹ 13.66 crore and a house in New Delhi worth ₹ 43.35 crore.

Patnaik holds a 50% share in the New Delhi residence and a two-thirds share in Naveen Niwas, Bhubaneswar, according to the affidavit.

Additional Holdings

In addition to his financial assets, Patnaik also possesses precious items such as rubies, diamonds, and silver buttons, valued at around ₹ 4.17 lakh. His personal belongings include ₹ 30,000 in cash and a 1980-model Ambassador car, valued at ₹ 6,434.

Financial Disclosure

The affidavit further reveals that Patnaik reported an income of ₹ 92,24,900 for the financial year 2022-23 in his tax returns.

Naveen Patnaik emphasized in the document that he holds no liabilities and has no criminal cases pending against him.

As the Chief Minister files his nomination for the sixth consecutive term, his declared assets reflect a steady increase over the years, showcasing his financial stability and transparency in public office.

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