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Universal Times Magazine > Blog > Other Business News > Perks and other benefits of President
Other Business News

Perks and other benefits of President

Gaurav Verma
Last updated: 2022/07/23 at 10:55 AM
Gaurav Verma
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The President of India is the first citizen of the country, the head of state of the Republic of India and the nominal head of the executive, as well as the commander-in-chief of the Indian Armed Forces.

Listed below are 10 interesting facts about the President of India’s salary, perks and retirement benefits:

1) Raised in 2016 by 200% from ₹1.5 lakh, the salary of the President of India presently is ₹5 lakh per month

2) The country’s first citizen gets free housing and medical care and ₹1 lakh annually for office expenditures.

3) The Rashtrapati Bhavan which has 340 rooms and a floor area of 2,00,000 square feet is the official residence of the President of India.

4) The President has two official retreats – one in Shimla’s Mashobra the other in Hyderabad’s Bolarum — where he or she can go on vacation.

5) The President can travel free by train and plane anywhere in the world.

6) The head of state of the Republic of India gets a custom-built Black Mercedes Benz S600 (W221) Pullman Guard. In addition, a heavily armoured stretch limousine is also reserved for the president’s official visits.

7) These cars do not have a licence plate and instead display the national symbol.

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8) The President’s Bodyguard is responsible for the the President of India’s security.

9) Post retirement, he or she gets a pension of ₹1.5 lakh and their spouses get secretarial assistance of ₹30,000 per month.

10) Other post-retirement benefits for the President of India include one furnished rent-free bungalow, two free landlines and a mobile phone, fiver personal staff, and ₹60,000 a year for the expenses of the staff.

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Gaurav Verma July 23, 2022 July 23, 2022
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