Hyderabad : The Chief Minister of Telangana is K Chandrasekhar Rao (KCR), but he does not even have a single car. However, his undivided Hindu family has assets worth Rs 17.83 crore and his wife Shobha has movable assets worth more than Rs 7 crore. She is Lakshmi of the house, but KCR does not have a car. They travel by government vehicle. Recently, he has disclosed this in the affidavit submitted for the elections. However, KCR’s son KT Rama Rao has property and cars worth crores.
KCR’s family owns property worth crores
According to media reports, Telangana Chief Minister K Chandrashekhar Rao has declared movable assets worth more than Rs 17.83 crore and immovable assets worth about Rs 8.50 crore. In the affidavit, he told that there is movable property worth about Rs 7 crore in the name of his wife Shobha. Along with this, his undivided Hindu family has movable assets worth Rs 9 crore. The report states that KCR has immovable assets worth around Rs 8.50 crore in his name and his joint family has immovable assets worth Rs 15 crore.
KCR earns Rs 1.60 crore annually
The report said that KCR’s total liabilities are more than Rs 17 crore, while the total liabilities of his joint family are more than Rs 7.23 crore. Quoting the income tax return, the report said that KCR’s total income till March 31, 2023 was more than Rs 1.60 crore, whereas it was Rs 1.74 crore as on March 31, 2019. At the same time, till March 31, 2023, the income of KCR’s wife Shobha is more than Rs 8.68 lakh. As of March 31, 2023, the total income in the name of the joint family is more than Rs 34 lakh, while the family earns more than Rs 1.44 crore from farming. The cultivated land is in the name of the joint family.
KCR’s family has many vehicles
It has been told in the report that Telangana Chief Minister KCR is a farmer by profession and his educational qualification is BA. The biggest thing is that even though KCR does not have a car, his joint family members have tractors and many vehicles. KCR’s son and BRS working president KT Rama Rao has movable assets worth Rs 6.5 crore. they have a car.