Assam’s Chief Minister Himanta Biswa Sarma and his spouse, Riniki Bhuyan Sarma, have reported a significant increase in their combined wealth, which has almost doubled since 2021. According to the affidavit submitted by the BJP leader as part of his nomination papers for the upcoming Assembly elections, their total assets now stand at an impressive ₹35.16 crore, up from ₹17.27 crore just two years ago. This financial disclosure comes as Sarma prepares to contest from the Jalukbari constituency in the elections scheduled for April 9, with results to be announced on May 4.

In 2016, the wealth of the Sarma family was recorded at approximately ₹6.4 crore, indicating a remarkable rise in their financial status over the past few years. The latest affidavit, filed on Friday, highlights that Sarma himself holds movable assets valued at ₹2.36 crore, a rise from ₹1.72 crore noted in 2021. This marks a notable increase in his personal financial footprint, reflecting both his political career and the economic landscape of the region.

Riniki Bhuyan Sarma, on the other hand, has seen her wealth soar significantly, with her assets now totaling ₹32.79 crore, up from ₹16.19 crore in 2021. This substantial growth indicates not only the impact of her husband’s political influence but also possible investments and ventures that have contributed to this financial evolution. In the financial year 2024-2025, the Chief Minister reported an income of ₹29,62,920, while his wife’s earnings reached ₹4,19,25,000, further emphasizing the couple’s economic ascent.

The affidavit reveals that while Himanta Biswa Sarma claims no investments in bonds, debentures, shares, or mutual funds, his wife holds investments amounting to ₹5.10 crore. Additionally, Riniki has a life insurance policy estimated at ₹1.77 crore, suggesting a diversified approach to managing their wealth. Such financial disclosures are crucial for public transparency, especially for politicians, as they are accountable to their constituents and the electorate.

This surge in wealth raises questions about the sources of their financial growth and how it correlates with their political careers. As the election approaches, voters may scrutinize these financial details to understand better the financial dynamics at play within the state’s leadership. The Sarma family’s wealth trajectory paints a picture of economic opportunity intertwined with political power, a narrative that resonates deeply within the ever-evolving landscape of Indian politics.