The Rise of Nitin Gadkari: A Look at His Net Worth for 2023!

by Moore Martin

India’s transportation sector has undergone a significant transformation over the past few years, and one man who deserves credit for it is Nitin Gadkari. From building world-class highways to promoting electric vehicles, he has been at the forefront of India’s road transport revolution. In this blog post, we will take a closer look at his career journey, achievements, and vision for the future of mobility in India. Buckle up as we explore the fascinating story of Nitin Gadkari – a man who is driving change on India’s roads like never before!

Nitin Gadkari Net Worth

Introduction to Nitin Gadkari

Nitin Gadkari is the man behind India’s road transportation revolution. He is the current Minister of Road Transport & Highways and Shipping in the Government of India. He has been instrumental in many path-breaking initiatives in the transport sector, which have transformed the way India moves.

Under his leadership, the Ministry of Road Transport & Highways has undertaken several initiatives to boost road infrastructure in the country. This includes the launch of the Pradhan Mantri Gram Sadak Yojana (PMGSY) to provide connectivity to remote villages, construction of highways under the Bharatmala Pariyojana to improve connectivity between cities, and development of greenfield expressways such as the Mumbai-Pune Expressway and Delhi-Meerut Expressway.

Gadkari has also taken steps to promote electric vehicles in India. In 2019, he unveiled a plan to have one lakh electric buses on Indian roads by 2030. He has also launched a pilot project for electric trucks in Delhi-NCR region. These initiatives are aimed at reducing air pollution and oil import dependence.

Under Gadkari’s able leadership, the transport sector is poised for further growth in the years to come.

First Name Nitin
Last Name Gadkari
Full Name Nitin Jairam Gadkari
Name in Hindi नितिन गडकरी
Profession Politician
Age 65 years old (2023)
Official Twitter Handel Twitter
Birth Date 27 May 1957
Height: 1.67 m (5′ 6”)
Birth Place Nagpur
Spouse: Kanchan Gadkari
Education Rashtrasant Tukadoji Maharaj Nagpur University
Party Bharatiya Janata Party
Country India
Estimated Net Worth in 2023 25 Crore INR
Estimated Annual Salary 2 Crore

Early Life and Education of Nitin Gadkari

Nitin Gadkari was born on May 27, 1957 in a Marathi family in Nagpur. His father, Late Mr. Bhanudas Gadkari, was a social worker and his mother, Late Mrs. Nilima Gadkari, was a homemaker. He completed his schooling at Dharampeth High School and did his graduation in Civil Engineering from Visvesvaraya National Institute of Technology (VNIT), Nagpur.

After working for some time with the MSRDC (Maharashtra State Road Development Corporation), Nitin Gadkari decided to venture out on his own and started a construction company called Purti group in 1989. The company soon made a name for itself by undertaking large infrastructure projects.

In 1999, Gadkari entered politics by joining the Bharatiya Janata Party (BJP). He was appointed as the President of the Maharashtra BJP unit in 2004. In 2009, he became the Minister for Public Works Department (PWD) in the Maharashtra government.

As the PWD minister, Gadkari took up several ambitious infrastructure projects including the Mumbai-Pune Expressway and the Mumbai-Nagpur Expressway. He also initiated the process of building a network of national highways across the country.

Under Gadkari’s leadership, the BJP won the 2014 Lok Sabha elections with a thumping majority. After the election, Gadkari was sworn in as the Minister for

Political Career of Nitin Gadkari

Nitin Gadkari is a man who needs no introduction. He is one of the most popular and respected leaders in India today. He is also the man behind the country’s road transportation revolution. Gadkari began his political career in 1989, when he was elected to the Maharashtra Legislative Assembly from Nagpur. He served as a Minister in the State Government for two terms, from 1995 to 1999 and from 2004 to 2009. In 2009, he was elected to the Lok Sabha, the lower house of the Indian Parliament, from Nagpur. He has been re-elected to the Lok Sabha in 2014 and 2019 from the same constituency.

Gadkari has always been an outspoken leader and has never shied away from taking on tough challenges. During his tenure as Minister for Public Works in Maharashtra, he completed several ambitious infrastructure projects, including the construction of the Mumbai-Pune Expressway and the Mumbai-Nagpur Super Communication Highway. He also played a key role in developing Maharashtra’s water resources and irrigation infrastructure.

As Union Minister for Road Transport and Highways in India, Gadkari has overseen a massive expansion of the country’s road network. Under his leadership, India has built over 50,000 kilometers of new highways and upgraded another 50,000 kilometers of existing roads. The government has also launched several innovative initiatives such as the Bharatmala project, which aims to connect all major cities and towns with a good quality road network.

Achievements of Nitin Gadkari

As the current Minister of Road Transport & Highways and Shipping in India, Nitin Gadkari is responsible for spearheading the country’s road transportation revolution. Under his tenure, the Indian government has been able to make significant progress in terms of increasing the length of the country’s National Highways network and improving road infrastructure.

Some of the key achievements of Nitin Gadkari include:

1. increasing the length of National Highways from 96,000 km to 1,30,000 km;
2. constructing over 15,000 km of new National Highways;
3. revamping and widening over 50,000 km of existing highways;
4. setting up a dedicated fund for road development projects worth Rs 50,000 crore;
5. launching a scheme to develop 2,000 kilometers of greenfield expressways; and
6. establishing a National Highway Authority of India (NHAI) Special Purpose Vehicle (SPV) to fast-track highway construction projects.

Net Worth and Assets of Nitin Gadkari

In 2016, Nitin Gadkari had a net worth of Rs. 16.29 crore. This puts him in the top 10% of Indian politicians. His assets include a 3,400 sq.ft flat in Nagpur, which is valued at Rs. 8 crore, and a 1,600 sq.ft bungalow in Mumbai, valued at Rs. 5 crore. He also has investments in several businesses, including Purti Power and Sugar Ltd., Purti Real Estate Pvt. Ltd., and Purti City Infrastructure Pvt. Ltd., which are all valued at over Rs. 1 crore each.

Name Nitin Gadkari
Net Worth (2023) $3.5 Million
Net Worth In Indian Rupees 25 Crore INR
Profession Politician
Yearly Income 2 Crore +
Last Updated 2023

Personal Life of Nitin Gadkari

Nitin Gadkari was born on 27 May 1957 in a middle-class family in Nagpur, India. His father, Later Shri. Bapurao Gadkari, was a well-known personality in the Rashtriya Swayamsevak Sangh (RSS) and served as its Sarkaryavah (general secretary). His mother, Smt. Radhabai, was a homemaker. Gadkari completed his schooling from Dharampeth High School and graduated with a Bachelor of Arts degree in Political Science from Government College of Nagpur. He is also an alumnus of the Law College of Nagpur and holds a degree in law.

Gadkari married Saroj on 15 July 1984. The couple have two sons – Nikhil and Sarang – and a daughter, Ketki.

A devout Hindu, Gadkari is a vegetarian and does not consume alcohol or tobacco products. He is also an avid reader and loves listening to music, especially classical Hindustani music.

Controversies Surrounding Nitin Gadkari

As the Minister of Road Transport & Highways and Shipping, Nitin Gadkari has been instrumental in spearheading many transportation infrastructure projects in India. However, he has also been mired in several controversies, which have sometimes overshadowed his achievements.

Some of the main controversies surrounding Nitin Gadkari include:

1) His involvement in the Purti power project, which was accused of being a front for money laundering.

2) His alleged links to Maharashtra politician Ajit Pawar, who was embroiled in a corruption scandal.

3) His close association with business tycoon Gautam Adani, who has been accused of crony capitalism.

4) His alleged role in facilitating a land deal between the Maharashtra government and a private company.

Conclusion

Nitin Gadkari has been an instrumental figure in India’s road transportation revolution. His efforts to modernize, streamline and improve the efficiency of India’s roads have helped to create a more connected country with better infrastructure. He is now seen as one of India’s most important public figures, both for his political and economic achievements within the sector. We can all take inspiration from how he has used innovative thinking, dedication and hard work to transform the future of Indian transportation networks.

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