Parkash Singh Badal, CM of Punjab, owns Orbit Aviation that is directly connected with the incident in which a Moga girl had been thrown off from a bus subsequent to becoming a victim of cruel molestation. Yes, we are talking of the same Punjab CM Badal who possesses a great business empire comprising of a media industry, a company dealing in hospitality and some transport firms as well as retains an indirect or direct link with Orbit Aviation.
His family is in possession of such an enormous business kingdom that leaves absolutely no doubt why Badal is the richest Sikh in world but is it possible for an honest CM to earn this much in just 20-30 years?
His Extremely Wealthy Son & Daughter-in-law
Harsimrat Kaur Badal, CM’s daughter-in-law registered nomination papers in EC with the attached affidavit according to which her wealth is of Rs 12.02 crore, whereas Sukhbir Singh Badal, her husband and Deputy CM has Rs 96.14 crore. If we make a total of both, it becomes Rs 108.16 crore that apparently shows a gigantic rise in amount from Rs 60.31 crore which Harsimrat filed at the time of 2009 elections. Not only this, in 2004 polls, Sukhbir marked assets at Rs 13.38 crore while as per 2012 polls, he listed them at Rs 90.86 crore.
Harsimrat Kaur Badal Net Worth in 2009 was Rs 60 Crore & Rs 108 Crore in 2014. Almost Rs 10 Crore/Year earning.
Sukhbir Singh Badal Net Worth in 2004 was Rs 13 Crore & Rs 90 Crore in 2012. Almost Rs 10 Crore/Year earning.
This is total asset that has been declared while election nomination but their actual asset is worth thousands of crores that is never declared. They are already richest Sikh Family in world and richest family in Punjab. If things will continue like this then they might surpass Mukesh Ambani in coming times.
However, it is a matter of great surprise that Badal’s name isn’t to be found in the business firms of Sukhbir. As declared in 2007, his assets were Rs 9.20 crore while in the year 2012, a decrease was marked in it with the amount of Rs 6.75 crore.
Rich & Affluent Family
The Chief Minister has a long and extended family which is also referred to as prosperous and well off. Speaking of Adesh Partap Singh Kairon, his son-in-law, he had a wealth of Rs 20.81 crore according to the 2007 statistics while stats of 2012 mention his assets to be worth Rs 51.23 crore.
Aside from these, Bikram Singh Majithia, brother-in-law of Sukhbir as well as a minister in the same state, is also born in an eminent and recognized business family who had assets worth Rs 11.21 crore as per 2012 data which had clearly an increase from the figures of 2007 that marked it as Rs 9.16 crore.
There is no denying the fact that the Badals, Majithias & Kairons are the owner of many firms and collectively their vast empire has its roots in multi sectors including civil aviation, transport, agriculture, power, media, energy, hospitality etc.
If we throw a glance at documents, Badal family along with its close acquaintances are involved in a minimum of twelve registered organizations in addition to shareholdings cutting crossways manifold trades and industries. If we talk of several cases as analyzed by inspection and inquiry, this so-called extended “Badal Parivar” might seem to get profit from the Govt. of Punjab as well as from ministries of the concerned portfolios they deal in.
On being questioned by The Tribune, Sukhbir Badal confirms of no clash between Punjab Govt. and his business.
Let’s have a look at his vast business realm…
Speaking of his transport companies, Orbit Aviation, Dabwali Transport Co., Taj Travels and Indo-Canadian Transport Company are to name alone in road transportation. G-Next Media Pvt Ltd is the media firm he owns that includes PTC Group of channels – PTC Punjabi, PTC News, Chak De plus a motion firm PTC Motion Pictures; while Orbit Resorts is counted in his Hospitality firm.
Share your views about Badal’s business empire.
Originally Published by: CID