Bantwal MLA Rajesh Naik's declared income has risen from ₹15.64 lakh in 2017-18 to ₹78.99 lakh in 2021-22. His assets have also significantly increased, including substantial land holdings and vehicles.
Naik's total declared assets include ₹14.33 crore in self-acquired fixed assets, ₹3.5 crore in inherited fixed assets, and ₹3.09 crore in movable assets. He also declared liabilities totaling ₹3.27 crore.
His wife, Usha Naik, and his sons, Rishabh and Unnat Nayak, also have considerable assets and liabilities declared in the affidavit, showing significant growth over the past five years.