The elections for the post of Vice President of India are underway today, August 6, 2022, and the results are likely to be announced the same day. From the ruling National Democratic Alliance, vice presidential candidate Jagdeep Dhankhar (NDA) was announced, while Margaret Alva was named as the candidate by opposition parties led by the Indian National Congress (INC).
It is important to note that after the president, the vice president is the country’s second highest constitutional position. The Vice President heads the Rajya Sabha as the Speaker of the Upper House of Parliament. The VP also acts as the president’s caretaker.
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Now let’s look at the perks, pensions, salary and allowances of the Vice President of India.
The Vice President’s Salary
The monthly salary of the Vice President of India is Rs 4 lakh. The salary has been increased from the previous Rs 1.25 lakh per month in the 2018 budget.
Vice President of India: Benefits and Allowances
Apart from the monthly salary, the Vice President of India gets other benefits including free medical care, free train and air travel, a landline and mobile phone. The VP also has personal security and staff.
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In the event that the VP performs the duties of the President during their absence, they will also receive the President’s salary and perks.
Vice President of India: Retirement
The Vice President of India receives 50% of their salary as a pension. In addition to the pension, they also continue to receive various benefits. The Treasury Department is responsible for paying the Vice President’s salary and pension.