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77% of Union Cabinet ministers are crorepatis

NEW DELHI: Inflation and food prices are unlikely to affect their monthly household budget. At least 77% of the Union council of ministers are crorepatis, whose average asset value is pegged at Rs 10.3 crore - Rs 3 crore higher than their declaration two years ago. Heavy industry minister Praful Patel (assets worth Rs 122 crore) tops the rich list, followed by MoS for I&B S Jagathrakshakan (Rs 70 crore) and urban development minister Kamal Nath (Rs 41 crore). The data, analyzed by the Association for Democratic Reforms (ADR), shows the highest asset increase has been for DMKs Jagathrakshakan, whose worth show a rise of Rs 64.5 crore in only two years (from Rs 5.9 crore in 2009 to Rs 70 crore in 2011). Patel is second in line, with an increase of Rs 42 crore (from Rs 79.8 crore in 2009 to Rs 122 crores in 2011), followed by Kamal Nath, whose assets rose by Rs 26 crore (from Rs 14 crore in 2009 to Rs 41 crore in 2011). Jagathrakshakan also tops the list for the highest asset increase percentage wise. His assets have shot up by 1,092%. Congresss MoS (textiles) Panabaka Lakshmi is in second spot, with a growth of 828%. While, MoS (road transport and highways) Tusharbhai Chaudhary has recorded a 705% growth.

                                                                                                               
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