Big Raise Proposed in President, Vice-President and Governors’ Salaries
New Delhi: While presenting Union Budget for 2018, Union Finance Minister Arun Jaitley on Thursday proposed a big hike in the salaries of the President, Vice-President and Governors.
Mr. Jaitley proposed the monthly emoluments of the President at Rs. 5 lakh, Vice-President at Rs. 4 lakh and Rs. 3.5 lakh for Governors.
Besides, the Finance Minister also proposed an inflation-linked revision of salary and allowances for the Members of Parliament in an automatic mechanism every five years. He said that lawmakers often faced criticism as they decided their own salaries and allowances.
After the Seventh Pay Commission’s recommendations, the country’s top-most bureaucrat Cabinet Secretary gets Rs 2.5 lakh per month and a Secretary to the Union government gets Rs 2.25 lakh per month.
At present, the President gets Rs. 1.5 lakh a month while the Vice-President draws Rs. 1.10 lakh per month. The scale of raise, proposed in the Budget, is to the tune of nearly 200 per cent.