This story is from May 3, 2024

Hemant Sorens’ financial assets grew 200% in 5 years

Ex-CM Hemant Soren and Kalpana Murmu Soren's financial assets surged 200% to Rs 24.4 crore by 2024. Kalpana's income was higher due to managing the family business, while Hemant's remained below Rs 1 crore despite asset growth.
Hemant Sorens’ financial assets grew 200% in 5 years
Jharkhand's former CM Hemant Soren (X/@HemantSorenJMM)
RANCHI: Jharkhand’s jailed ex-CM Hemant Soren and his wife Kalpana Murmu Soren have reported a cumulative increase in their financial assets by around 200% in five years — from Rs 8.1 crore in 2019 to Rs 24.4 crore in 2024.
The JMM couple’s income-tax filings over this period show Hemant’s assets more than doubled from Rs 2.3 crore to Rs 5.3 crore. His businesswoman wife, a contender for the vacant Gandey assembly seat in the May 20 bypoll, saw her networth soar from Rs 5.8 crore in 2019 to 19.1 crore in 2024.
Details of their assets and liabilities became public after Kalpana filed her poll affidavit Wednesday.
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Their financial details for 2019 were revealed when Hemant contested & won Dumka assembly seat that year.
Although the value of Hemant’s assets increased by Rs 2.7 crore in the last five years, his income was below Rs 1 crore during the same period. Similarly, Kalpana’s financial assets increased by Rs 10.3 crore, but her income during the five-year period was Rs 2.3 crore, according to their IT returns.
A close associate said Kalpana’s income was higher as she had been managing the family’s business while her husband focused on politics. “Hemant has been a politician with limited sources of income, but bhabhi managed their business well.”
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