Salary Of President of India 2024, Roles, Perks, Powers and More

Salary Of President of India – The President of India’s salary was initially 5 lakh rupees, equivalent to 5.9 lakh in 2024. However, it was increased to 1.5 lakh rupees in 2008 (approximately 3.9 lakh in 2022) and further raised to 5 lakh rupees in India’s 2018 Union budget (equivalent to 5.9 lakh in 2024). The President of India holds a significant and influential position, being the head of the Republic of India and overseeing important committees with the authority to alter their decision.

Salary Of President of India 2024

The President of India holds the position of head of state and supreme commander of all three forces of the Indian Republic. Serving as the symbolic head of the executive and the foremost citizen of the nation, Smt. Droupadi Murmu currently holds the esteemed role as the 15th President, having taken the oath of office on July 25, 2022. Prior to her presidency, she served as the Governor of Jharkhand from 2015 to 2021. As per the Union budget of 2024, the President’s annual salary averages ₹7,14,02,024, equivalent to approximately ₹5,950,000 per month in 2024. This article provides comprehensive information regarding the President’s salary, compensations, and perks.

Rashtrapati Bhavan, located in New Delhi, serves as the official residence of the President of India. The central hub of Rashtrapati Bhavan boasts 340 guest rooms and spans across a floor area of 2,00,000 square feet. Notably, the President of India is entitled to lifelong free restorative care. Given the pivotal role of the President in national governance, ensuring national security stands as one of their paramount responsibilities.

Salary Of President of India

Overview Details Of Salary Of President of India

Year Salary (in INR) Equivalent (2024)
1951 ₹10,000 + ₹15,000 allowance
1985 ₹15,000 + ₹30,000 allowance
1989 ₹20,000 + ₹10,000 allowance
1998 ₹50,000 ₹1,90,000
2008 ₹1,50,000 ₹3,90,000
2016 ₹5,00,000
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Salary of President of India per Month in Rupees 2024

In 2008, the Indian Government decided to increase the salary of the President of India to ₹1.5 Lakh. Subsequently, by 2022, this was further raised to ₹3.9 Lakh. In the 2018 Union Budget, the salary was elevated to ₹5 lakh, equivalent to ₹5.9 lakh in 2024. The position of the President of India is regarded as the most responsible and powerful in the country, with the President serving as the head of all Indian states. Moreover, the President leads several crucial committees and holds the authority to influence decisions made by these committees.

According to the Second Schedule of the Indian Constitution, the Indian President receives a salary of ₹1.5 Lakh. Additionally, various perks, allowances, and compensations are provided. In 1998, the salary was increased to ₹50,000 per month, equivalent to ₹1,90,000 in 2020. Furthermore, in the 2018 Union Budget, an annual budget of ₹225 million was allocated for the President of India, which translates to ₹530 million in 2020.

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Who is the President of India?

The current President of India, as of July 25, 2022, is Droupadi Murmu, serving as the 15th President. The President plays a crucial role in the governance of the country, with responsibilities ranging from appointing key officials to representing India internationally.

Role and Responsibilities of the President of India

The President of India holds a crucial role in the nation’s governance, akin to the captain of a ship steering the country through its journey. Here’s a simplified overview of their responsibilities:

  1. Head of State and Supreme Commander: The President stands as the highest authority in India, leading the Indian Armed Forces.
  2. Safeguarding the Constitution: Protecting and upholding the Indian Constitution and laws is the President’s foremost duty.
  3. Qualifications: To qualify for the presidency, one must be an Indian citizen, at least 35 years old, and not concurrently hold any other government position.
  4. Residence: The President resides at Rashtrapati Bhavan, situated in New Delhi.
  5. Vacancy in Office: If the President cannot continue serving due to various reasons such as death, resignation, or removal, the position becomes vacant.
  6. Authority in Various Areas: The President wields authority in official matters, legal issues, foreign relations, and military affairs.
  7. Decision Making: Important decisions are made by the President based on advice from the Prime Minister and the Council of Ministers.
  8. Checking the Lower House: Special powers enable the President to ensure the Lok Sabha, the lower house of Parliament, stays aligned with regulations.
  9. Salary and Benefits: The President receives a monthly salary of Rs. 5 lakh, in addition to other allowances and benefits.

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Powers of the President:

  • Executive Powers: The President acts on advice from ministers but can still suggest reconsideration of actions, offer private advice, and make public speeches influencing opinion.
  • Legislative Powers: The President can convene or end Parliament sessions, dissolve the Lok Sabha, introduce money bills, and manage financial matters such as India’s Budget.
  • Judicial Powers: Upholding the law and constitution is the President’s main duty. They appoint judges, grant pardons, and seek advisory opinions from the Supreme Court.
  • Diplomatic Powers: Representing India internationally, negotiating treaties, and welcoming foreign diplomats are among the President’s tasks.
  • Military Powers: The President is the top commander of the Armed Forces, with authority during emergencies to declare national or regional emergencies.

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Eligibility for the President:

  • Citizenship: The candidate must be an Indian citizen.
  • Age: They must be at least 35 years old.
  • Qualifications: They should meet the requirements for membership in the Lok Sabha.

The President is chosen by an Electoral College, comprising members of both houses of Parliament and state legislative assemblies. The process involves nominations, scrutiny of nomination papers by the Election Commission, voting by elected officials, and counting of votes.

Post Retirement Perks:

  1. Pension of around Rs. 1.5 lakh for a former President.
  2. Secretarial assistance of Rs. 30,000 per month for the President’s spouse.
  3. Fully furnished rent-free bungalow.
  4. A private secretary and 5 personal staff.
  5. Mobile phone and two free landlines.
  6. Rs. 60,000 for staff expenses.
  7. Free travel for two people by air or train.

FAQ’S

What is the role of the President of India?

The President of India serves as the ceremonial head of state and the supreme commander of the Indian Armed Forces. They play a crucial role in upholding the Constitution, representing India internationally, and ensuring the smooth functioning of the government.

How is the President of India elected?

The President of India is not directly elected by the people. Instead, they are chosen by an Electoral College comprising members of both houses of Parliament (Lok Sabha and Rajya Sabha) and state legislative assemblies. The process involves nominations, scrutiny of nomination papers, voting, and counting of votes.

What are the powers of the President of India?

The President of India has executive, legislative, judicial, diplomatic, and military powers. They can convene or end Parliament sessions, appoint judges, represent India internationally, and declare emergencies, among other responsibilities.

What are the eligibility criteria to become President of India?

To become President of India, one must be an Indian citizen, at least 35 years old, and meet the qualifications required for membership in the Lok Sabha (the lower house of Parliament).

Where does the President of India reside?

The President of India resides at Rashtrapati Bhavan, located in New Delhi. Rashtrapati Bhavan is the official residence of the President and also serves as the workplace.

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