The Parliament has cleared the bill relating to salary hike of President, Vice-President and state Governors.
Now they will get a three-fold increase in monthly salary.
The President will get Rs 1.50 lakh per month, Vice President Rs 1.25 lakh and Governors Rs 1.10 lakh. (Now its Rs 50,000, Rs 40,000 and Rs 36,000 respectively)
The revised hike in salary and pension will come into effect from January 1, 2009.
The President and Vice-President will also get a pension of 50 percent of their salaries.
The bill provides several other facilities for the former Presidents.