Ram Nath Kovind has replaced Pranab Mukherjee as India’s new President. He got a little competition from Smt. Meera Kumar, the candidate of Congress and other opposition parties; however, many people were of the opinion that Ram Nath Kovind would be the next President of India as he filed the nomination.
But do you have any idea what is the salary of our new President?
The Indian President’s salary, the President Ram Nath Kovind’s annual package if of Rs. 18,00,000; however, the perks that the Indian President enjoys are greater than his salary. Moreover, his salary may increase further if PMO approves the new proposal of hike of Rs 5,00,000.
The perks which our president enjoys include living in the largest presidential palace of the world which is known as Rashtrapati Bhawan. Its total area is 5 acres, covered area of 19,000 square meters and it is located within the 330-acre estate in Central Delhi. The caravan of a President consists of 25 cars.
Let us look at the salary of the Presidents of our neighboring countries
President of Pakistan:
Manmoon Hussain is the current President of Pakistan and his monthly salary is Rupees 80,000 Pakistani, which comes to Rs 49,000 when converted in Indian currency. The total package of the Pakistani President comes to Rs. 5,87,737 in Indian currency.
President of China:
Presently, the President of China is Xi Jinping and he also earns less than his Indian counterpart. His annual package is $22,000 which is Rs. 13 lakh in Indian currency.