A top-earning Indian politician has been named among the top earners in the country’s economy.
In his role as chief economic adviser to the Prime Minister, former Finance Minister P. Chidambaram earned $9.9 million in the year ending March 31, according to the latest available figures from the Bureau of Statistics.
He was followed by former Planning Commission chief Arvind Subramanian, former state finance minister and former Central Bank governor N. V. Krishna Rao, former Union minister and current Union Finance Minister Arun Jaitley, former Supreme Court justice Dipak Misra, former Planning Minister Arvind Panagariya and former Congress vice-president Rahul Gandhi.
Among the top five earning earners were former Union Finance Secretary, N.S. Dattatreya, former Minister of State for Planning, Planning and Environment, Nirmala Sitharaman, former National Security Adviser, Nitin Gadkari, former Information and Broadcasting Minister S.K. Sivakumar and former Finance Secretary R. Venkaiah Naidu.
Among India’s richest men, Ratan Tata earned $18.5 million in 2016-17, followed by J.
K Reddy, former Secretary, Department of Atomic Energy, former Nuclear Power Corporation of India (NPCIL), former Atomic Energy Board chairman, Naveen Patnaik, former chairman of Atomic Fuel Board, former Director General of India Research and Development Organisation (AIR), and former director of India Institute of Technology (IIT).
Among the Indian billionaires, Lakshmi Mittal earned $2.8 billion in 2016 and Rs 2,100 crore in the next two years, according the latest financial figures.
Among those earning more than Rs 10 crore were former Indian Prime Minister Manmohan Singh, former Chief Justice of India, and former Chief Minister of Maharashtra, Arvind Kejriwal, former Deputy Chief Minister and Union Health Minister Jairam Ramesh.
The latest income figures for India are available from the Ministry of Finance’s Central Statistical Survey (CSRS).
The top 10 per cent of Indian citizens earning more then Rs 5 crore per annum in 2016 were: