Aditya Yadav, the Samajwadi Party leader, is currently in the election fray for the Badaun Lok Sabha seat, succeeding his father Shivpal Yadav. Aditya disclosed in his election affidavit a net worth of over ₹14 crores, encompassing liquid assets worth almost ₹11.79 crores and immovable assets of ₹2.42 crores.
Having acquired a Master's degree in Tourism Administration from Lucknow University, Aditya was recently positioned as the candidate for the Badaun constituency, replacing Shivpal. Despite his millionaire status, he owns no private vehicle but ensures his security with the possession of a pistol.
Inside Aditya Yadav's Election Affidavit
In his nomination declaration, Aditya states assets totaling ₹14,21,31,269, which include ₹11,79,10,169 in movable wealth and ₹2,42,21,100 in immovable assets. Additionally, he possesses approximately 9.093 acres of agricultural land and a non-agricultural land stretch of 77,500 square feet in Uttarakhand.
No Private Vehicles, But Security Ensured with a Pistol
Aditya inherited no immovable property; he's self-made in that regard. With ₹304,260 in cash and an insurance policy valued at ₹9.74 lakhs, he may lack personal transport but compensates with jewelry worth ₹3.85 lakhs and a pistol valued at ₹2.86 lakhs for security. He also owns a mobile phone worth ₹78,400.
Source: aajtak
Aditya's spouse, Rajlakshmi Singh Yadav, holds a treasury of ₹38,83,262, composed entirely of movable assets including a jewelry cache worth ₹10,88,640 and a mobile phone valued at ₹78,400.
Drowning in Debt Despite Wealth
Aditya is burdened with a debt of ₹2,30,91,305, while his wife has liabilities of ₹6,22,176. Their son, Shivpratap Singh Yadav, maintains a modest bank balance of ₹53,321 and a fixed deposit of ₹2 lakhs.
While neither Aditya nor his wife faces any litigation, Aditya is involved in an Income Tax case in Agra with pending dues of ₹3,62,582. His income streams include remuneration, business activities, and consultancy fees, whereas his wife Rajlakshmi earns through remuneration and business ventures.
Remuneration may signify hard-earned money, yet it differs from a salary. By providing specific services over an agreed-upon period, the earned finances are termed remuneration. For instance, when we engage a guide at a tourist spot, the compensation they receive is their remuneration.