Sixth Pay Commission: President's salary hiked to Rs 1.5 lakh
Thursday, September 11, 2008, (New Delhi)
After giving the babus a steep pay hike, on Thursday the government decided to hike the salaries of the President of India, Vice President and Governors by 300 per cent.
As a result:
President's salary has been increased to Rs 1.5 lakh per month.
Vice-President's salary to Rs 1.25 lakh per month.
Governor's salary increased to Rs 1 lakh 10 thousand per month.
The salaries of constitutional heads had to be revised after the government accepted the recommendations of the Sixth Pay Commission. The salary for the Cabinet Secretary, the highest post in the Indian bureaucracy, was fixed at 90,000 rupees, far more than what the President got.
Despite a massive hike, the President's salary is no where near what the India Inc bosses earn. That is, of course, if you exclude the perk of staying in the palatial Rashtrapati Bhavan.
Source: http://www.ndtv.com/
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