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PM Salary: Perks, And Allowances

The Prime Minister, President, and Members of the Parliament of India are among the government officials whose wages are determined by their respective offices.

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Pratidin Bureau
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 PM Salary: Perks, And Allowances

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The Prime Minister, President, and Members of the Parliament of India are among the government officials whose wages are determined by their respective offices. These annual salary reviews are a reflection of the high levels of leadership and decision-making that go into these positions.

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June 16, 2024, is the incumbent prime minister's term's end. Today, June 4, the results of the Lok Sabha Elections 2024 were declared. India's leadership is under the Prime Minister's authority as head of state.

Earning of Indian Prime Minister: Salary, Perks & Other Perks

Since gaining its independence, India has developed gradually and is now the largest democracy in the world. Adopting the parliamentary system, India has demonstrated its worldwide significance. Being the nation's first citizen, the President's job is extremely important, and the Prime Minister is also one of the highest-ranking positions in India. Members of Parliament are chosen by the citizens of their constituencies to represent their needs and advance those interests. Many people are interested in learning the Indian Prime Minister's income, nevertheless.

Prime Minister's Salary

In India, the prime minister is the highest-ranking executive position. The Prime Minister, who is chosen by the President, is in charge of the alliance or political group that holds the majority of seats in the Lok Sabha, the lower house of Parliament. The Prime Minister of India is paid a salary as well as certain benefits and allowances.

 The salary breakdown for the Prime Minister is as follows:

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

  2. This includes a basic pay of Rs 50,000.

  3. The Prime Minister also receives an expense allowance of Rs 3,000.

  4. The parliamentary allowance amounts to Rs 45,000.

  5. Additionally, there is a daily allowance of Rs 2,000.

Prime Minister's Salary: Other Allowances

  1. There is no rent or other housing expense associated with the official residence given to the prime minister.

  2. The protection of the Prime Minister is within the purview of the Special Protection Group (SPG).

  3. The prime minister has access to a fleet of official vehicles and aircraft for travel.

  4. The Prime Minister's international travel, lodging, and meals are funded by the government.

  5. The Prime Minister is entitled to five years of SPG security, free housing, and limitless power and water after retirement. 

Role and Responsibilities of Prime Minister

1. Head of Government: The Prime Minister is in charge of the government and makes sure it runs well.

2. Leader of the Cabinet: They preside over sessions where key decisions are made with other ministers.

3. Government Spokesperson: The Prime Minister represents India abroad and explains government choices.

4. Policy Maker: They collaborate closely with other leaders to formulate plans for the nation's progress.

5. Nominating Officials: The Prime Minister chooses significant people to fill crucial positions in the administration.

6. Representing India: They go overseas to engage with foreign dignitaries and safeguard the country's interests.

7. Crisis Management: To protect public safety in the event of a tragedy or attack, the prime minister assumes command.

8. Upholding the Constitution: They make sure that the government respects the rights of the people and abides by the Constitution.

9. Answering to Parliament: The Prime Minister meets with legislators to go over policy choices and hears their concerns.

10. Providing Leadership: They establish the nation's future objectives and motivate everyone to strive towards them.

List of Prime Ministers of India and their Tenure

S.N. PM Name Born-Dead Term of Office Remark
1 Jawahar Lal Nehru (1889–1964) "15 August 1947 to 27 May 1964
16 years
286 days" "The first prime minister of India and the longest-serving PM of India the first to die in office."
2 Gulzarilal Nanda (Acting) (1898-1998) "27 May 1964 to 9 June 1964 13 days" First acting PM of India
3 Lal Bahadur Shastri (1904–1966) "9 June 1964 to 11 January 1966
1 year
216 days" He gave the slogan ‘Jai Jawan Jai Kisan’ during the Indo-Pak war of 1965
4 Gulzari Lal Nanda (Acting) (1898-1998) "11 January 1966 to 24 January 1966
13 days"
5 Indira Gandhi (1917–1984) "24 January 1966 to 24 March 1977
11 years
59 days" First female Prime Minister of India
6 Morarji Desai (1896–1995) "24 March 1977 to 28 July 1979
2 years
126 days" Oldest to become PM (81 years old) and first to resign from office
7 Charan Singh (1902–1987) "28 July 1979 to 14 January 1980
170 days"
Only PM who did not face the Parliament
8 Indira Gandhi (1917–1984) "14 January 1980 to 31 October 1984
4 years
291 days" The first lady who served as PM for a second term
9 Rajiv Gandhi (1944–1991) "31 October 1984 to 2 December 1989
5 years
32 days" Youngest to become PM (40 years old)
10 V. P. Singh (1931–2008) "2 December 1989 to 10 November 1990
343 days"
First PM to step down after a vote of no confidence
11 Chandra Shekhar (1927–2007) "10 November 1990 to 21 June 1991
223 days"
He belongs to Samajwadi Janata Party
12 P. V. Narasimha Rao (1921–2004) "21 June 1991 to 16 May 1996
4 years
330 days" First PM from South India
13 Atal Bihari Vajpayee (1924-2018) "16 May 1996 to 1 June 1996
16 days"
PM for shortest tenure
14 H. D. Deve Gowda (born 1933) "1 June 1996 to 21 April 1997
324 days"
He belongs to Janata Dal
15 Inder Kumar Gujral (1919–2012) "21 April 1997 to 19 March 1998
332 days"
——
16 Atal Bihari Vajpayee (1924-2018) "19 March 1998 to 22 May 2004
6 years
64 days" The first non-Congress PM who completed a full term as PM
17 Manmohan Singh (born 1932) "22 May 2004 to 26 May 2014
10 years
4 days" First Sikh PM
18 Narendra Modi (born 1950) 26 May 2014 – 2019 4th Prime Minister of India who served two consecutive tenures
19 Narendra Modi (born 1950) 30 May 2019- Incumbent First non-Congress PM with two consecutive tenures

What is PM salary per month?

A certain amount is allotted to the prime minister to cover his living expenses. Allowances are these predetermined sums of money. The entire monthly amount, after deducting basic pay and all of these benefits, is 1.6 lakh. Therefore, the Prime Minister's base wage is ₹50,000 each month.

Who decides the salary and allowances of the PM?

The correct answer is Parliament. The Salaries and Allowances of Minister Act, 1952 basically deal with the salaries and allowances of the Council of Ministers. On the basis of this Act, these salaries & allowances are determined by the Parliament.

What is the age limit for PM?

Be above 25 years of age if they are a member of the Lok Sabha, or, above 30 years of age if they are a member of the Rajya Sabha.

PM Salary
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