Bantwal MLA Rajesh Naik's declared income has risen from ₹15.64 lakh in 2017-18 to ₹78.99 lakh in 2021-22. His assets have also significantly increased, including substantial land holdings and vehicles.
Naik's total declared assets include ₹14.33 crore in self-acquired fixed assets, ₹3.5 crore in inherited fixed assets, and ₹3.09 crore in movable assets. He also declared liabilities totaling ₹3.27 crore.
His wife, Usha Naik, and his sons, Rishabh and Unnat Nayak, also have considerable assets and liabilities declared in the affidavit, showing significant growth over the past five years.
Bantwal MLA Rajesh Naik, who is contesting for the second time from Bantwal, has declared his income for the year 2021-22 at ₹ 78.99 lakh. He possess self-acquired fixed assets worth ₹14.33 crore and inherited fixed assets worth ₹3.5 crore. Mr. Naik has movable assets worth ₹3.09 crore.
In the affidavit filed along his nomination papers on Saturday, Mr. Naik declared his income as ₹15.64 lakh in 2017-18 to ₹59.99 lakh in 2018-19, ₹46.66 lakh in 2019-20, ₹36.27 lakh in 2020-21 and ₹ 78.99 lakh in 2021-22.
Mr. Naik has declared possessing 42.71 acres of agriculture land, which includes 19.55 acres that is inherited, and this is totally worth ₹6.31 crore. He has 6.9 acres of non-agriculture land worth ₹6.12 crore, two houses worth ₹1.5 crore.
Among the movable assets of Mr. Naik include five saving bank accounts and two current accounts. He has two fixed deposits totally worth ₹1.22 crore, Mr. Naik has a Land Rover, Toyota Fortuner, Toyota Innova car and a Mahindra pick up vehicle. He has 2 kg of silver articles worth ₹ 1.44 lakh and 110 grams of gold ornaments worth ₹ 6.26 lakh.
Mr. Naik has declared liability amounting to ₹ 3.27 crore, which includes loans of ₹ 1.78 crore and ₹ 56.7 lakh from Karnataka Bank, Moodbidri branch.
Mr. Naik’s wife Usha Naik’s income has risen from ₹9.83 lakh in 2017-18 to ₹20.38 lakh in 2020-21. Income of his son Rishab Nayak was ₹9.41 lakh in 2017-18 and ₹8.30 lakh in 2021-22.
Ms. Naik has movable assets worth ₹1.10 crore, ₹3.1 crore worth self-acquired land and ₹ 4.5 crore worth inherited property. She has liability amounting of ₹ 1.01 crore. Mr. Rishab has fixed assets worth ₹1.6 crore and movable assets worth ₹ 13.6 lakh. Mr. Naik’s another son Unnat Nayak has fixed assets worth ₹ 3.93 crore and movable assets worth ₹ 23.25 lakh. Mr. Rishabh and Mr. Unnat have liability amounting to ₹ 49.18 lakh and ₹ 49.65 lakh respectively, Mr. Naik declared.
Published - April 15, 2023 08:49 pm IST
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