Narendra Modi takes oath as PM: His salary, allowances, and perks

India Image credits: Twitter

Narendra Modi took the oath for 3rd term

Lok Sabha Elections 2024 are over now, and Narendra Modi has been sworn in as prime minister of India for the third time. Image credits: Twitter

In-charge of the functioning of the nation

A prime minister holds the utmost power and responsibilities in India. As PM, Narendra Modi will be in charge of the functioning of the nation and its development. Image credits: Twitter

Salary of prime minister

As PM of India, Modi will reportedly receive a salary of Rs 1.66 lakh per month, making it around Rs 20 lakh per year. Image credits: Twitter

Breakdown of salary

The PM receives a basic salary of Rs 50,000, an expense allowance of Rs 3,000, a parliamentary allowance of Rs 45,000, and a daily allowance of Rs 2,000. Image credits: Twitter

Perks

The Prime Minister also receives several perks with his salary. One of the biggest is the official house given to him at 7 Lok Kalyan Marg. Image credits: Twitter

Aircrafts and security

The prime minister also gets Special Protection Group (SPG) security and access to Air India One, an exclusive aircraft service for official visits. Image credits: Narendra Modi Twitter

Cars and other deets

PM Modi will only travel in a Mercedes-Benz S650 Gaurd. As per reports, the car can withstand bullets and assaults from AK-47 rifles. Image credits: Narendra Modi Twitter

Accommodations after retirement

After retirement, the prime minister receives accommodations, free electricity, water, and SPG security for the next five years. Image credits: Narendra Modi Twitter

Declared personal assets

While submitting his election affidavit, Modi declared personal assets totaling Rs 3.02 crore, with no investments in bonds, shares, or mutual funds. Image credits: Narendra Modi Twitter Find Next One