homeeconomy NewsBudget 2024: President's office receives ₹144.18 crore, 47.5% more than FY24

Budget 2024: President's office receives ₹144.18 crore, 47.5% more than FY24

Out of the total allocation to the president's office, ₹60 lakh has been allocated for the salary and allowances of the president, which remained unchanged from the last budget, as per PTI.

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By PTI Feb 2, 2024 12:04:57 AM IST (Published)

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Budget 2024: President's office receives ₹144.18 crore, 47.5% more than FY24
The Interim Budget on Thursday allocated ₹144.18 crore for the staff, household and allowances of the president, a massive increase of ₹46.49 crore (about 47.5%) from ₹97.69 crore earmarked in the revised estimates for FY24.

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In the announcements for the 2024-25 Interim Budget by Finance Minister Nirmala Sitharaman, ₹90.87 crore was allocated for the president's secretariat and ₹52.71 crore was sanctioned under the head 'other expenditures', which provides for the expenditure on the household establishment of the president, including staff salaries.
Other expenditures also include discretionary grants of the president and provision for capital section.
The document shows that of the total allocation, ₹60 lakh has been allocated for the salary and allowances of the president, which remained unchanged from the last budget.
The amount allocated under the head 'president's secretariat' provides for the establishment and allied expenses with respect to it which includes grants-in-aid for Dr Rajendra Prasad Kendriya Vidyalaya on the campus of the president's estate and also includes provision for capital section.

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