Telangana CM is worth over Rs 20 crore, owns no car

Telangana Chief Minister and TRS president K. Chandrashekhar Rao, who filed his nomination from Gajwel Assembly constituency on Wednesday, has declared his total assets worth over Rs 20.60 crore, but neither he nor his wife owns any vehicle.

His total movable assets are valued at over Rs 10.40 crore while his wife K. Shobha has movable assets of over Rs 94.5 lakh.

KCR, as Rao is popularly known, has immovable assets of about Rs 12.20 crore which includes 54-acre agriculture land valued at Rs 6.50 crore.

The Telangana Rashtra Samithi (TRS) chief, in the affidavit filed before the returning officer, has shown agriculture as his profession. He pegged his income for financial year 2017-18 at Rs 2.07 crore including agricultural income of Rs 91.52 lakh