Qualification, Salary and pension of President of India

Qualification:

To be eligible for the position of President of India, a candidate must meet the following criteria:

1. The candidate must be a citizen of India.

2. The candidate must have completed the age of 35 years.

3. The candidate must be eligible to become a Member of Parliament.

4. The candidate must not hold any office of profit under the Government of India, or the Government of any State, or any local authority, other than an office declared by Parliament by law not to disqualify its holder.

Salary:

The President of India receives a salary of Rs. 5 lakhs per month. The salary is fixed by the Parliament of India, and it cannot be increased or decreased during the term of the President. In addition to the salary, the President is entitled to various perks and privileges, including a residence (Rashtrapati Bhavan) and staff to assist him/her in carrying out official duties. The President also gets an allowance for expenses such as entertainment, travel, and office expenses. After the completion of the term, the President is entitled to a pension for the rest of his/her life.

Pension:

After the completion of the term, the President of India is entitled to a pension for the rest of his/her life. The pension amount is equivalent to the salary of a sitting President, which is currently Rs. 5 lakhs per month. In addition to the pension, the President is also entitled to other perks and privileges, including rent-free accommodation, staff, and transportation facilities.

Apart from the pension, the outgoing President is also entitled to a one-time resettlement allowance, which is currently Rs. 1.5 lakhs. This allowance is meant to assist the former President in setting up a new office or residence after the completion of the term. The former Presidents are also entitled to Secretarial Assistance, which includes an office, a Secretary, a Private Secretary, and two Personal Assistants.

The pension and other benefits to the President are provided under the President's Pension Rules, 1962, which are administered by the Ministry of Home Affairs, Government of India.