Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

Read More...

Political News
Business

Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate ...

Kapil Sibal’s wife threw him out of house over rising onion prices

According to sources, Telecom Minister Kapil Sibal's wife threw him out of his house for entire night yeste...

Economy

Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate ...

Kapil Sibal’s wife threw him out of house over rising onion prices

According to sources, Telecom Minister Kapil Sibal's wife threw him out of his house for entire night yeste...

Entertainment
Society

Matrimonial sites to offer health insurance

Indian matrimonial sites such as shaadi.com, bharatmatrimony.com and jeevansaathi.com are planning to offer ...

Sports News

Hansie Cronje plans to return to earth as match fixing rates sky rocketed

Former South Africa Cricket Captain and banned cricketer in match fixing saga in early 2000s, Hansie Cronje ...

Analysis: Why BCCI ideally needs to be involved in match-fixing?

Analysis of the India Satire Research Bureau suggests that there is every reason for BCCI to benefit from I...

BCCI’s new plan to clean up IPL will take care of players not getting caught in spot fixing again

BCCI's new 12-point IPL cleanup plan considers all steps to guard cricketers from getting caught in match ...

World News

China’s encroachment comes under Free Land Intrusion Scheme; it can also take benefits of new Land Acquisition Bill – AK Antony

India's Defence Minister AK Antony confirmed that China's encroachment in the Indian border of 640 sq km are...

Courageous Rahul Gandhi plans his next holiday weekend in Syria

Rahul Gandhi to take a look at Syrian conditionsCongress Vice President Rahul Gandhi has decided to spend his...

US chemical weapons ready to strike Syria

US said it is ready to strike all its new range of chemical weapons on Syria. The country released its offic...

Opinion

Mahatma Gandhi deeply concerns over current fall in the rupee

Father of the nation, Mahatma Gandhi saddened after reading the current fall in the rupee in 'Earth Weekly'....

Interview
Media
Columns
Business
Published On:Friday, 19 October 2012
Posted by Diggy Chacha

Sharad Pawar said that he has properties of only worth 15 trillion dollars

NEWS IN BRIEF - POLITICS

Irritated with weird guesses of economists, social activists, media panelists and anti-corruption reformers, India's Agriculture Minister Sharad Pawar finally announced that he is a richest person of not just in India but also world and he has assets worth more than 15 trillion dollars.

"Hey guys stop estimating and making wild guesses. Value of my assets is 15.54 trillion dollars (i.e. 15540 billion dollars or 30,04,70,000 crore rupees), that means I have more than 30 double crore rupees. So it is better now you go and seat in your home and have some time to relax," said India's Agriculture Minister and powerful politician Sharad Pawar.

Sharad Pawar also confirmed that his wealth is growing faster than American GDP and it would be double than US GDP in next 10 years.

"Yea actually I am very progressive by nature. I invest in the countries which are expected to grow faster or exponential. Simply business of corruption is most lucrative among any businesses. Most of the countries have my money invested through this name that name or any kind of name. I also have 55 bunglows filled with huge amount of cash. Even I have kept 100s of warehouses for keeping coins in dollars, rupees, yuans, yens etc. Whenever RBI requires change, it asks me. Even those different stamps you saw on coins those are decided by me. I also print huge amount of currency through my printing presses. What do you think those all printing presses for currencies are owned by RBI? Forget it, all of them are owned by me," Sharad Pawar educated India Satire correspondent.

He said "I also believe in fast money creation with more and more money changing the hands. So I try to create money by motivating others to change their hands. For example, if Shrivastav wants some government approval he just go to Peon Kamble who asks some 100 rupees and then spend on Vijay Mallya's beer who makes profit from it and then invest in different businesses, generates jobs etc (forget that he is not paying anything to his staff). So this is a faster way to develop economy."

Talking about his property, Sharad Pawar said "Actually, since 1970 when I last valued my property it was worth around 5-6 trillion dollars, however, since then I have not calculated. It must be more than America's GDP for sure. Conservatively, I think it should be at least triple the money I had earlier."

However, Sharad Pawar appealed the entire India's population to stop wasting their precious time on counting his wealth and focus on their day to day work so that few more government servants and politicians become multi-billionaire.

02:50. Filed under , .

0 comments for "Sharad Pawar said that he has properties of only worth 15 trillion dollars"

Leave a reply