30% pay decrease for MPs: What is the novel wage of Members of Parliament?

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    30% pay decrease for MPs: What is the novel wage of Members of Parliament?


    The Union Cabinet on April 6authorizedan ordinance amending the Salary, Allowances and Pension of Members of Parliament Act, 1954, to cut the allowances and pension of MPs by 30 p.c, starting April 1, 2020, for a yr.

    This used to be executed for managing the “neatly being and the destructive impact of the COVID-19 outbreak in India,” Union Minister Prakash Javadekar instructed media persons one day of a press conference.

    The Cabinet furthermore temporarily suspended MPLADS Fund for 2 years – 2020-21 and 2021-22 – asserting the money saved (~Rs 7,900 crore) will stride the Consolidated Fund of India.

    “The President, Vice President, and Governors of States bask in voluntarily made up our minds to seize a pay decrease as a social accountability,” Javadekar stated.

    However, what is the wage of a Member of Parliament (MP), let’s discover:

    According to the latest revision to the Salary, Allowances and Pension of Members of Parliament Act, 1954, which used to be executed in 2018, an MP is entitled to procure a wage of Rs 1 lakh per month one day of all of the term of his/her house of job – 5 years for a Lok Sabha  MP, and six years for a Rajya Sabha member.

    In addition, the MP will procure an allowance of Rs 2,000 per day.

    In 2018, the then finance minister gradual Arun Jaitley had introduced a hike in the salaries of the President, Vice President and Governors of states for the first time in 12 years. He had furthermore introduced that the wage and day after day allowance of people shall be elevated after every 5 years, staring April 1, 2023 on the premise of Price Inflation Index offered beneath the IT Act.

    Sooner than this revision, the remuneration of an MP incorporated a fundamental wage of Rs 50,000 per month, and a constituency allowance of Rs 45,000, apart from other perks.

    Equally, the salaries of the President and the Vice President were elevated from Rs 1.5 lakh and Rs 1.10 lakh per month to Rs 5 lakh and Rs 4 lakh per month respectively. The Governors’ wage used to be elevated to Rs 3.5 lakh per month.

    According to aportray, the Centre spent Rs 2.7 lakh on an MP per month. The Parliament has a total of 795 people – 545 in the Lok Sabha and 250 in the Rajya Sabha.

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