Govt Proposes to Double MPs’ Salary and Increase Pension
Govt has proposed increasing MPs salary to Rs 2.8 lakh a month.
A proposal as been made to the Union Finance Ministry to double the monthly salary of Members of Parliament, according to The Indian Express.
The ministry had allocated Rs 295.25 crore for Lok Sabha MPs and Rs 121.96 crore for Rajya Sabha MPs this year. The proposal also suggests an increase in the basic pension of MPs by Rs 15,000. If the proposal is approved, MPs will earn an amount of Rs 2.8 lakh per month.
The Salary, Allowance and Pension of Members of Parliament (Amendment) Bill will be amended if the proposal is accepted, to implement the changes.
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