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Ramdev declares assets, hides more, reveals less
New Delhi, JUN 9 (AGENCIES):
Published on 10 Jun. 2011 12:39 AM IST
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Baba Ramdev on Thursday made an attempt to silence his critics by giving details of his business empire. Ramdev listed capital and expenses of his trusts but remained silent on companies run by his trusts. In the end he ended up hiding more than what he revealed. A smiling Acharya Balkrishna declared the overall worth of Brand Baba Ramdev - an empire estimated to be worth Rs 1177 crore by Baba’s own admission.
Anna Hazare on Thursday slammed Baba Ramdev’s decision to raise an armed force to resist government crackdown. “We believe in non-violence. I don’t like arms and ammunitions,” he added.
But Baba Ramdev and his aides were careful in giving details of their assets, only revealing wealth accumulated in trusts exempted under IT laws and remaining mum on companies floated by them.
Baba’s net worth
Divyaoga Mandir Trust-- capital base of
Rs 249.63 crores
Patanjali Yogpeeth Trust-- Rs 164.80 crores
Bharat Swabhiman Trust-- Rs 9.97 crores
Acharya Kulumbh Siskhshan Sansthan-- capital base of Rs 1.69 crores
Disclosures throw up several questions
How many companies have really been floated by Baba Ramdev and his associates?
What is the nature of business that these companies are involved in?
Who are the big donors for Ramdev’s trusts that have an accumulated wealth of Rs 426 cr?
Why hasn’t Ramdev declared his Income Tax Returns as well if his empire is over a Rs 1000 cr?
What is the overall value of land that’s been allotted to Baba Ramdev and his trusts or companies?
“The main reason for floating companies was that there were things that couldn’t be done through our trusts,” said Baba Ramdev.
Perhaps Ramdev realises that the government heat now is squarely focussed on him. Hence he also chose to scale down his fast by having some honey and lime - a step he chose to take after a visit from the DM of Haridwar, CNN-IBN reports said.

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