The tragic death of Maharashtra Deputy Chief Minister Ajit Pawar in a plane crash at Baramati on Wednesday morning has shocked the nation.
Ajit Pawar was not just the state’s deputy chief; he was one of the most towering figures in Maharashtra’s modern politics. His last election affidavit put his declared net worth at a little over Rs 103 crore. His total assets were valued at around Rs 124 crore, and his liabilities at Rs 21 crore.
Pawar’s assets were a healthy mix of agricultural land, real estate, financial investments, and properties. He also reported movable assets worth over Rs 8 crore and immovable assets exceeding Rs 37 crore during the 2024 Maharashtra Assembly elections.
Pawar is survived by his spouse, Rajya Sabha MP Sunetra Pawar. Her declared assets include movable assets of over Rs 14 crore and immovable assets of around Rs 58 crore.
Back in 2021, reports noted that Ajit Pawar and family were worth significantly more, since tax officials attached Rs 1,000 crore worth of their assets in a benami property investigation. But in 2024, the tax tribunal cleared the charges against the late minister and family, and passed an order to return the attached properties.
The tragic crash this morning also killed five others, as per initial ground reports. Reports state that ATC received information about the crash of the chartered flight at 9.12 am. The plane took off from Mumbai at 8.10 am. Further details are awaited.
The Indian stock markets, which are headquartered in Mumbai, Maharashtra, are on the watch for possible fluctuations in the morning rally on the news of Pawar’s untimely demise. The current bourse rally seems to be heavily powered by the recent announcement of the EU-India FTA.
