Wednesday, October 26, 2016

A 300 % Salary Hike Has Been Proposed For President Of India Pranab Mukherjee

In the past days, the Modi government saw a lot of commotion amid the unhappy central government employees with regard to the problems related to minimum wages. The knotty issue has since remained a pressing agenda for many, until today.

In a move that almost looks too good to be true, the Modi government has proposed an increase in the salary of President and the Vice President of India.

Right now, the President withdraws Rs 1.50 lakh per month, the Vice-President Rs 1.25 lakh and the Governor of a state Rs 1.10 lakh.

After the implementation of the 7th pay commission the Cabinet Secretary, who is the topmost bureaucrat in the country, gets Rs 2.5 lakh per month and a Secretary in the Union government draws Rs 2.25 lakh.

But now, the President’s salary will be 5 lakh and the Vice President’s Rs. 3.5 lakh. The spouses of the Presidents will be receiving Rs 30,000 as compensation.

According to sources, the union ministry has already prepared a cabinet note on the proposed salary and is about to present it to the finance committee for a final nod.

Ever since the 7th pay commission swooped in, the salary of the two highest employees of Indian Government looked like peanuts. It increased the pay of the cabinet secretary with more than Rs 1 lakh than that of the President.

The pay commission doesn’t declare or decide the salaries of the President or the Vice President and the prerogative to effect a change lies with Parliament and the government.

The last hike was given in the year 2010 when the salaries were increased by 300%.

The President’s wages was increased to Rs 1.50 lakh per month from Rs 50,000, the Vice-President's to Rs 1.25 lakh from Rs 40,000 and the Governor's salary o Rs 1.10 lakh from Rs 36,000.
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