Guwahati, Jan 18 (Agencies): Assam Chief Minister, Tarun Gogoi on Tuesday clarified that the valuation of his assets was made according to the prevailing market rates as per the recommendation of the Election Commission.

Talking to reporters at the sidelines of a government function here, the chief minister denied media reports that he had depreciated the value of the plot of land he owned in the city and one in New Delhi.

"The value was given in 2006 at the then market value of the plots and hence there is no chance of any distortion", Gogoi said.

The Chief Minister in the official website had shown that he owned a land at Beltola worth Rs 7.5 lakh and another at Ajanta Path worth Rs 20.37 lakh while his flat at Vasant Kunj in New Delhi costs Rs 18 lakh.

Referring to the demand of opposition leader and former Chief Minister Prafulla Kumar Mahanta about declaration of assests of the relatives of the ministers, Gogoi said he would issue a directive very soon to that effect.

"The opposition is trying to make the so called large scale corruption issue a poll plank. I want to ask them that if corruption was there than how come our tax collection has increased to a large extent", he asked.