Ghatkopar MLA Parag Shah’s Assets Up 575%, Now He’s Maharashtra’s Richest Candidate


Ghatkopar MLA's Assets Up 575%, Now He's Maharashtra's Richest Candidate

Mumbai:

Around 8000 candidates have filed nominations for the assembly elections in Maharashtra. The wealthiest of them is the BJP’s  Parag Shah – the sitting MLA from Ghatkopar East  — whose current worth is is Rs 3383.06 crore according to his election affidavit.

Mr Shah’s property has increased by 575 per cent in the last 5 years. In the 2019 assembly elections, he had mentioned his assets value as Rs 550.62 crores.

“I am an honest candidate. Even my enemies have never claimed that I am not honest,” Mr Shah told NDTV today in an exclusive interview.

“A man’s wealth is not his property but his feelings,” Mr Shah said. “Many people have wealth but I have the urge to make good use of it. I believe that God has given me everything, the country has given me everything, so I should also give something… I am a leader, a businessman and also a social worker. I give more than 50 per cent of my savings for social service,” he added.

Mr Shah is the chairman of a listed company  — Man Infraconstruction Ltd. — which he has been running for 25 years. Recently he became a talking point because of a brief illness. The 55-year-old brushed it off, saying, “In politics, if you cough the other person starts thinking that you have tuberculosis”.
 



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