Did Bihar Dy CM's Wife, Sushila Devi, Surpass Him in Asset Declaration?
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Synopsis
A recent asset declaration by Bihar's Deputy Chief Minister highlights a significant asset disparity between him and his wife. Sushila Devi's assets vastly surpass his, raising eyebrows about their wealth. This article dives into their financial declarations and the potential political implications.
Key Takeaways
- Vijay Kumar Sinha's assets total Rs 1.01 crore.
- Sushila Devi's assets amount to Rs 2.81 crore.
- The couple's total immovable assets are approximately Rs 8 crore.
- Their combined debt is around Rs 82 lakh.
- Political analysts view Sinha's nomination as a sign of BJP’s confidence.
Patna, Oct 16 (NationPress) Following Bihar's Deputy Chief Minister Vijay Kumar Sinha filing his nomination papers for the Lakhisarai Assembly constituency, his election affidavit has attracted attention, especially regarding the noteworthy disparity in assets between him and his wife, Sushila Devi.
According to the affidavit submitted to the Election Commission, Sinha reported movable assets totaling Rs 1.01 crore, comprising Rs 55,000 in cash, Rs 29 lakh in bank deposits, and stock investments exceeding Rs 45 lakh.
He also possesses 90 grams of gold valued at approximately Rs 10 lakh, alongside a rifle and a revolver worth Rs 77,181.
In stark contrast, Sushila Devi has declared movable assets amounting to Rs 2.81 crore, almost three times that of her husband.
Her declaration features 450 grams of gold valued at Rs 49.5 lakh, an SUV worth Rs 24 lakh, and a capital balance of Rs 1.27 crore in Shiva Enterprises, highlighting her significant role in business and investment.
While Sinha owns immovable properties valued at Rs 3.20 crore across Patna, Mokama, and Pune, Sushila's real estate holdings reach Rs 4.59 crore. Together, their total immovable assets are estimated at around Rs 8 crore, showcasing their position among Bihar’s affluent political families.
The affidavit also reveals liabilities of Rs 28.19 lakh in Sinha’s name, primarily from government motor car advances and dues to private firms, and Rs 54.13 lakh in Sushila's name, mainly from bank loans.
Their combined debt of approximately Rs 82 lakh is relatively modest in comparison to their total wealth.
Sinha's income sources include agriculture, a ministerial salary, rent, and bank interest, whereas Sushila earns through business, company salary, rent, and interest income.
Both individuals appear financially independent, indicating diversified income sources.
Sinha also disclosed a pending income tax case involving Rs 39.14 lakh for the 2014-15 assessment year, which remains under review by the Income Tax Department.
Political analysts suggest that Sinha’s nomination reflects the BJP’s confidence in securing the Lakhisarai seat, given his stature as Deputy Chief Minister and as a key strategist.
Point of View
It's essential to recognize the implications of asset declarations in the political arena. The stark contrast in wealth between Bihar's Deputy CM and his wife underscores the evolving dynamics in political finance. This situation calls for transparency and accountability, essential for fostering trust in democracy. It's crucial to ensure that political figures maintain a clear distinction between personal wealth and public service.
NationPress
16/10/2025
Frequently Asked Questions
What is the main focus of the asset declaration?
The primary focus is the significant difference in asset values between Bihar Deputy Chief Minister Vijay Kumar Sinha and his wife, Sushila Devi.
How much are Sushila Devi's assets compared to her husband's?
Sushila Devi's movable assets total Rs 2.81 crore, nearly three times that of Vijay Sinha's Rs 1.01 crore.
What are the implications of their asset declarations?
The disparity in their assets raises questions about financial transparency and the political landscape in Bihar.
What liabilities do they have?
Vijay Sinha has liabilities of Rs 28.19 lakh, while Sushila Devi's liabilities total Rs 54.13 lakh.
What were the sources of their income?
Vijay Sinha's income comes from agriculture, salary, and rent, while Sushila Devi earns through business activities and investments.
