New Delhi, September 11
The government today approved the proposal for a 300 per cent hike in the salaries of the President,Vice-President and Governors.
The cabinet committee on economic affairs (CCEA) at its meeting chaired by Prime Minister Manmohan Singh raised the salary of the President to Rs 1.50 lakh per month from the Rs 50,000 now.
The Vice-President will get Rs 1.25 lakh (from Rs 40,000) and the salary of the Governors has been hiked to Rs 1.10 lakh from Rs 36,000.
The hike is likely to be effective from January 2007.
The cabinet also rationalised post-retirement benefits to former Presidents, former Vice-Presidents and their spouses, an official spokesperson said.
The hike comes close on the heels of the government announcing a bonanza for its employees by implementing the recommendations of the Sixth Pay Commission.
The cabinet decided to sign an extradition treaty with Iran, which will help bring back terrorists, economic offenders and other criminals wanted for crimes committed here.
The government decided to appoint retired officials to the post of General Duty Medical Officers (GDMO) on a contract basis.The decision was taken to fill vacancies in under-staffed hospitals.
They will be paid a consolidated amount of Rs 25,000 per month.
