This is how much Ramnath Kovind will be earning as the President of
is all set to welcome its new resident the president elect of the India Ramnath Kovind. Having won the mandate last week, Kovind has been sworn in as the 14th president of the country. As the erstwhile governor of Bihar settles down as the first citizen of India, many of you are wondering what the perks of becoming the president of India are.
Well, the president of India is eligible to enjoy a wide variety of perks besides receiving regular salary.
President’s post is an out and out ‘sarkari’ job and hence eligible for retirement benefits. Pranab Mukherjee will now be offered Rs 75,000 as pension. The ex president can stay at any Type-VIII furnished bungalow as a part of his retirement benefit. Travel for free
Travel for free
Yes, the president and his spouse can travel to anywhere in the world for free. His majestic moves
His majestic moves
The president gets a cavalcade of 25 cars. President has a choice over his cars. Erstwhile president Pranab Mukherjee use to ride armoured Mercedes-Benz S600.
President has 86 presidential guards mounted on horses besides the bodyguards. Holidays
Kovind will have access to two lavish vacation homes - Rashtrapati Nilayam in Hyderabad and the Retreat Building in Shimla. People assisting the president
People assisting the president
Just like a boss, Kovind will be having secretarial staff of five people. Besides, 200 people work at the Rashtrapati Bhawan.
Obviously the president of India doesn’t need to pay for phone bills from his pocket. In 2015, an RTI informs, Rs5,06,531 was paid as a monthly expense. HRA
Well, we might be getting House Rent Allowance, but the first citizen of India has his own palace to live in. The president has to compulsorily stay at the Rashtrapati Bhavan, which is also the largest presidential palace in the world. The plush palace has is spread over 5 acres and situated over 330 acre estate. How much does our president earn?
How much does our president earn?
Ramnath Kovind will be receiving Rs 1,50,000 a month. However if the PMO approves the salary hike, he would be receiving Rs 5 lakh a month.