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    Home » Shrikant Shinde’s Net Worth and His Growing Political Role
    Net Worth

    Shrikant Shinde’s Net Worth and His Growing Political Role

    Sonal KathuriaBy Sonal KathuriaNovember 28, 2024No Comments3 Mins Read
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    Shrikant Shinde’s Net Worth and His Growing Political Role
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    Shrikant Shinde, son of Maharashtra Chief Minister Eknath Shinde, is making headlines amid the discussions about the state’s next leadership. As the Mahayuti alliance, led by the BJP, secured a landslide victory, talks about Shrikant Shinde potentially taking on a bigger political role have emerged. Shrikant Shinde’s political and financial profile has gained significant attention with speculations of him being considered for the Deputy Chief Minister’s position.

    The Political Rise of Shrikant Shinde

    Shrikant Shinde, a Member of Parliament (MP) from the Kalyan constituency in Maharashtra, has been in the limelight due to his increasing influence in state politics. While his father, Eknath Shinde, hinted at stepping back from the CM race, discussions about his son’s potential role in the new government have intensified. If he assumes greater responsibilities, it could mark a significant step in his political career.

    Shrikant Shinde’s Net Worth: A Closer Look

    Shrikant Shinde’s declared net worth, as per his affidavit during the 2024 Lok Sabha elections, stands at over ₹14 crore. Despite this impressive figure, he also reported liabilities exceeding ₹6 crore. Let’s delve into the key components of his wealth:

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    1. Cash and Bank Deposits

    • Combined cash holdings of ₹5 lakh with his wife.
    • Total bank deposits of over ₹2 crore across various accounts.

    2. Investments in Stocks

    Shrikant Shinde has invested over ₹57 lakh in shares of reputed companies. His portfolio highlights include:

    • ₹36 lakh in Force Motors.
    • Stocks in HDFC Bank, Reliance Industries, Shobha Ltd., and Thane Bharat Sahkari Bank.

    3. Insurance Policies

    • Three Life Insurance Corporation (LIC) policies in his name valued at ₹53 lakh, ₹6 lakh, and ₹13 lakh, respectively.
    • Five additional insurance policies in his wife’s name.

    4. Gold, Diamonds, and Watches

    • Shrikant owns 360 grams of gold, a diamond ring, and two luxury watches, with a combined worth of ₹52 lakh.
    • His wife owns 838 grams of gold, a diamond ring, and over 3 kg of silver.

    Immovable Assets: Properties and Agricultural Land

    Despite his substantial wealth, Shrikant Shinde does not own any residential property in his name. However, his wife holds three flats, each valued at approximately ₹1 crore, totaling ₹3 crore.

    Agricultural Land

    • Shrikant and his wife collectively own farmland worth ₹3.47 crore.
    • These lands are registered in both their names, adding significantly to their net worth.
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    No Car Registered in Shrikant Shinde’s Name

    Interestingly, despite his net worth exceeding ₹14 crore, Shrikant Shinde does not own a car. This detail has caught attention, showcasing an unusual aspect of his financial profile for a politician of his stature.

    Why is Shrikant Shinde in the News?

    The ongoing discussions about the Chief Minister’s post in Maharashtra have also brought Shrikant Shinde into focus. With his father hinting at stepping down from the CM race, speculations suggest that Shrikant could be handed a key role in the government, possibly as the Deputy Chief Minister. This potential elevation reflects his growing influence and importance in Maharashtra politics.

    Future Prospects for Shrikant Shinde

    If appointed as Deputy CM, Shrikant Shinde will not only carry forward his political legacy but also face increased responsibilities in shaping Maharashtra’s governance. His financial acumen, reflected in his diversified investments, could play a pivotal role in his decision-making abilities in politics.

    Shrikant Shinde’s financial and political journey highlights a mix of calculated strategies and a rising influence in state politics. With assets worth crores and discussions about a significant political role, he continues to draw attention as a key figure in Maharashtra’s political landscape.

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    Sonal Kathuria
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    Sonal is a professional content writer with 3+ years of experience. She likes to write about technology, lifestyle, automobiles, and travel niches.

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