Jitin Prasad is not only the owner of crores but also a great investor, shares worth Rs 2.88 crore are included in the portfolio

Former Congress leader and former Union Minister Jitin Prasada has left the Congress and joined BJP. Jitin Prasada joined the party in the presence of Railway Minister Piyush Goyal and BJP MP Anil Baluni. Jitin Prasad is known for his better strategy but very few people would know that his financial planning is also excellent. This is reflected in the affidavit filed by him during the Lok Sabha elections 2019. Actually, it has been told in this affidavit that how is the equity portfolio of Jitin Prasad.

According to the election affidavit filled for the Lok Sabha elections 2019, Jitin Prasad has a total assets of 12,18,01,005 crores. On the other hand, if we talk about the liability, it has been shown as ‘Nil’ i.e. zero in the affidavit.

2.88 crore investment in shares

According to the affidavit given on the ADR, Jitin Prasad has more than 1.57 lakh shares in more than 9 companies. The value of these investments has been given in the affidavit at Rs 2,88,51,264 crore. Companies in which Jitin has invested include R Systems, Dish TV, IDFC Bank, Jaiprakash Associates, L&T Finance, Indian Bank etc.

There is also investment in LIC

According to the ADR report, Jitin Prasad has also invested in LIC and other policies, the value of which is stated to be Rs 1.88 lakh. At the same time, its total sum assured is of 300000 lakhs. Apart from this, Jitin Prasad also has gold, jewelery and other investments, the value of which is said to be around Rs 83 lakh. Talking about the vehicles, according to the affidavits filled, Jitin Prasad has a Maruti Ertiga, whose value has been given at Rs 5.50 lakh.

Jitin Prasad’s stature was very important in the Congress. He was among 23 leaders who wrote to party president Sonia Gandhi last year demanding active leadership and organizational elections in the Congress. Regarding the controversy related to the letter, the Congress Committee of Lakhimpur Kheri district of Uttar Pradesh had passed a resolution demanding action against him, which also led to a dispute.

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