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ISRO Chairman Salary
The Indian Space Research Organisation (ISRO) is renowned globally for its groundbreaking achievements in space exploration and technology. At the helm of this prestigious organization is the ISRO Chairman, who plays a pivotal role in shaping India’s space endeavors. Naturally, there’s curiosity about the salary and compensation package for the ISRO Chairman. In this article, we have given details regarding the ISRO Chairman Salary 2023 and perks.
ISRO Chairman Salary Latest Updates
A social media tweet by business entrepreneur Harsh Goenka sparked debate about the salary of Isro (Indian Space Research Organisation) chief S Somanath. Goenka expressed his surprise in the article, noting that the Isro Chief Salary 2023 is Rs 2.5 lakh, a sum that has elicited a wide spectrum of opinions online.
Goenka shared his thoughts on the Isro Chairman Salary in a post on X (previously Twitter). He believes that the Isro Chief deserves a greater salary for the important role they play in boosting India’s space exploration efforts.
“The ISRO Chairman Somanath Salary is Rs 2.5 lakhs per month.” Is it correct and equitable? Let us recognize that people like him are motivated by factors other than money. They do what they do because they are passionate about science and research, want to contribute to their country, and find personal joy in reaching their goals. I salute committed individuals like him!” Read the article.
ISRO Chairman Somanath Salary
S. Somanath is the current chairman of India’s national space agency, the Indian Space Research Organization (ISRO). On January 12, 2022, he was appointed to this position, succeeding Dr. K. Sivan, who retired after four years of service. Somanath is a renowned rocket scientist who has worked on the design and development of numerous launch vehicles, including the PSLV, GSLV, and LVM3.
ISRO’s chairman is a secretary to the Government of India and an executive of the Department of Space (DOS), which reports directly to India’s Prime Minister. According to the Department of Space’s official website, the secretary (space) is entitled to a monthly base salary of Rs. 2.5 lakh (US$3,100) as of January 2021. This wage is based on pay matrix level 17, which is the highest level in India for civil officials.
This is not, however, the only component of the ISRO chairman’s pay. He also receives a variety of benefits, including a dearness allowance, a housing rent allowance, a transportation allowance, medical reimbursement, a leave travel concession, and others. The actual amount of these allowances varies depending on region and other variables, but they can add up to a substantial sum.
According to a 2017 article in The Times of India, the then-ISRO chairman A.S. Kiran Kumar received a total monthly compensation of Rs. 3.4 lakh (US$4,500), which includes Rs. 2 lakh (US$2,600) in basic pay and Rs. 1.4 lakh (US$1,900) in allowances. S. Somanath’s total monthly compensation in 2023 would be roughly Rs. 4.25 lakh (US$5,600), which is comparable to Rs. 51 lakh (US$67,200) per year assuming a same ratio of basic pay and allowances.
ISRO Chairman Salary Per Month
The ISRO Chairman Salary Per Month 2023 varies according to grade. There are multiple grade pay levels for scientists based on the positions they hold. The central government provides perks and privileges to ISRO scientists in addition to the base income.
ISRO Chairman Salary Structure
The ISRO Chairman salary 2023 was approximately INR 2,50,000 per month. It’s important to note that salary structures may change over time due to various factors, including government policies and revisions.
Perks and Benefits
The ISRO Chairman Salary apart from basic pay is entitled to various perks and benefits, including accommodation, transportation, and other allowances. These benefits are provided to ensure that the Chairman can effectively fulfill their responsibilities.
Role and Responsibilities
The ISRO Chairman holds a significant position and shoulders immense responsibilities. They oversee the planning and execution of ISRO’s ambitious space missions, research projects, and collaborations. The Chairman also represents ISRO at national and international platforms.
Historical Perspective
ISRO has had a legacy of visionary leaders who have steered the organization to remarkable achievements. Each Chairman has brought their unique vision and expertise to the role.
Future Prospects
ISRO continues to expand its horizons with missions like Chandrayaan, Mars Orbiter, and plans for human spaceflight. The ISRO Chairman plays a critical role in driving these initiatives forward.
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