Bloomberg estimates Bista’s annual package at Rs. 3 Crore 48 Lakhs
New Delhi, 24th March 2019: Replacing Union minister SS Ahluwalia, Bharatiya Janata Party has fielded Raju Singh Bista from Darjeeling Lok Sabha constituency. The party’s choice is backed by Gorkha National Liberation Front (GNLF) and Bimal Gurung faction of Gorkha Janmukti Morcha (GJM)..
The announcement was made after MP SS Ahluwalia apparently opted out of the race according to unconfirmed sources in presence of senior party leaders, including Kailash Vijayvargiya, GNLF and GJM leaders in New Delhi. According to sources it was GNLF and GJM which suggested Bista’s name which was accepted by the BJP leadership.
Bista 32 is originally from Manipur and has been the Managing Director at Surya Roshni Limited since October 29, 2012. He is a high profile executive with extensively high package in the industry. Bloomberg estimates his annual earning at 19,200,000 (1 Crore, 92 Lakh) with Stock options at 15,600,000 (1 Crore, 56 Lakhs) total annual compensation thus being 34,800,000 (3 Crore, 48 Lakhs) (Bloomberg, 2019).
Bista has been a Whole Time Director of Surya Roshni Limited since June 18, 2009. he also holds the directorship in Surya Global Steel Tubes Limited and Surya Global Infrastructure Limited. He is a Graduate in Arts from Manipur and has done Executive Masters Programme in Business Administration with specialization in Marketing Management from National Institute of Business Management.
However, not much is known about Bista’s political activities. IT has been said though unconfirmed that Bista has been active member of the Rashtriya Swayam Sevak (RSS) since 1996 in Manipur.