Three-times jump in salary for President, V-P and governors
The President, Vice-President and governors will get a 300 per cent pay hike with government today clearing a proposal to enhance their emoluments.
By PTI |
NEW DELHI: The President, Vice-President and governors will get a 300 per cent pay hike with government today clearing a proposal to enhance their emoluments. (Watch)
The President's emoluments have been raised to Rs 1.50 lakh per month from Rs 50,000 at present.
Similarly, the Vice-President will get Rs 1.25 lakh -- a more than three-time hike from the present salary of Rs 40,000.
The salary of governors will also go up from Rs 36,000 to Rs 1.10 lakh.
The new emoluments were approved at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Manmohan Singh.
Sources said the hike will be effective from January 2007.
The CCEA also rationalised post-retirement benefits to former Presidents, former Vice Presidents and their spouses, an official spokesperson said.
The hike comes close on the heels of government announcing a bonanza for its employees by implementing the recommendations of the 6th Pay Commission report under which a secretary at the Centre will draw Rs 80,000 a month.
The President's emoluments have been raised to Rs 1.50 lakh per month from Rs 50,000 at present.
Similarly, the Vice-President will get Rs 1.25 lakh -- a more than three-time hike from the present salary of Rs 40,000.
The salary of governors will also go up from Rs 36,000 to Rs 1.10 lakh.
The new emoluments were approved at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Manmohan Singh.
Sources said the hike will be effective from January 2007.
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The CCEA also rationalised post-retirement benefits to former Presidents, former Vice Presidents and their spouses, an official spokesperson said.
The hike comes close on the heels of government announcing a bonanza for its employees by implementing the recommendations of the 6th Pay Commission report under which a secretary at the Centre will draw Rs 80,000 a month.
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