Here's what President Pranab Mukherjee's salary will be after a three-fold hike

Months after the Prime Minister Narendra Modi-led Union Cabinet cleared the Seventh Pay Commission, the salaries of President Pranab Mukherjee and Vice President Hamid Amsari are likely to see a three-fold hike.

The hike is a result of a Home Ministry proposal seeking an increase in the salaries of the country's top functionaries.

The implementation of the 7th Pay Commission's recommendations have brought to the ministry's notice that the salary of the President, Rs 1.5 lakh, is much less than what of the country's topmost bureaucrat, the Cabinet Secretary, receives.

According to reports, the proposal is expected to be placed before the Union Cabinet for its approval soon. Currently the President gets Rs. 1.50 lakh per month, the Vice-President gets Rs. 1.25 lakh and the Governor gets Rs 1.10 lakh.

Salaries of the President, the Vice-President and Governors were last hiked in 2008 when the Parliament had approved a three-fold increase.

Should the proposal be approved, the President's salary may go up to Rs 5 lakh and that of the Vice-President up to Rs 3.5 lakh.

After the implementation of the 7th Pay Commission awards, the Cabinet Secretary gets Rs 2.5 lakh per month and a Secretary in the Union government draws Rs 2.25 lakh per month.

After the Cabinet gives its nod, Bills to this effect will be tabled in Parliament, possibly in the coming winter session, for passage.