Achyuta declares assets worth Rs 5L

Bhubaneswar: Achyuta Samanta, the BJD’s Lok Sabha candidate from Kandhamal, and founder of Kalinga Institute of Industrial Technology (KIIT) and the Kalinga Institute of Social Sciences has declared property worth Rs five lakh in his affidavit filed with the election commission on Wednesday.
He declared an annual income of Rs 25,74,130 lakh for the 2017-18 fiscal, which was once marginally more than the Rs 23.52 lakh he had proven in his income tax go back in 2013-14. His affidavit also mentions that he has Rs 20,500 in money.

Sources said whilst the current valuation of the institutions he based is over Rs 10,000 crore, none of the properties are in his identify.

According to the affidavit, Samanta has belongings worth Rs 1.90 lakh and movable property of Rs 10.54 lakh. He has 0.310 acres of agriculture land worth Rs 97,000 and 1.155 decimal of non-agricultural land valued at Rs 93,000. This land, Samanta said, he inherited from his father.


He further claimed to have a deposit of Rs 2,88,120 in his savings checking account and has invested Rs 44,760 in bonds and shares. He has insurance coverage insurance policies and postal savings of Rs 7,01,342, the affidavit printed. Besides, he is a bachelor and still remains in a rented house.


Samanta, a local of Kalarabanka village of Cuttack district, comes from a very humble background. He lost his father when he was once 4. Amid trying instances, his mom brought up seven kids, including Samanta. He finished his post-graduation level in chemistry and joined a non-public college as a lecturer in Bhubaneswar. He also funded the education of his siblings.


(EOM)


Achyuta declares assets worth Rs 5L Achyuta declares assets worth Rs 5L Reviewed by Kailash on March 28, 2019 Rating: 5
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