• Source:JND
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Prime Minister Salary In India: The current term of the Prime Minister is set to end on June 16, 2024. The Lok Sabha Elections 2024 are all set to be held from April 19 and the results will be announced on June 4. In India, the Prime Minister holds the top position and has several key responsibilities to perform.

In India, the Prime Minister, the President, and Members of Parliament are paid for their official positions. These pay follow set government guidelines and are subject to annual reviews. The pay corresponds with the roles and responsibilities of these duties, which involve a great deal of management and decision-making at various administrative levels.

Prime Minister's Salary

The highest executive position in India is held by the Prime Minister. As the head of state, they have significant power and responsibility. The President of India appoints the Prime Minister. He is the leader of the coalition or political party which holds the majority of seats in the Lok Sabha, which is the lower house of the Parliament. The Indian Prime Minister enjoys several perks and allowances besides the salary. Let's take a look at how much the PM gets paid:

- The monthly salary of the Prime Minister is Rs 1.66 lakh.

- A basic pay of Rs 50,000 is included in the salary.

- The Prime Minister also receives a sum of Rs 3,000 as an expense allowance.

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- The parliamentary allowance of the Prime Minister amounts to Rs 45,000.

- The Prime Minister also gets a daily allowance of Rs 2,000 per day.

Prime Minister's Salary: Other Allowances

The Prime Minister also enjoys a range of other benefits too, besides the salary. It includes:

- The Prime Minister gets an official house, free of any expenses related to rent or housing.

- The protection of the Prime Minister is within the authority of the Special Protection Group (SPG).

- To meet their travel needs, the PM can a fleet of official cars and airplanes.

- The Prime Minister's foreign travel, accommodation, and meals are covered by the government.

- Once the PM is retired, he or she will receive five years of SPG security, free housing, and unlimited power and water.