Three-fold salary hike for MPs approved
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The basic pay of Members of Parliament was on Friday hiked by more than three times from Rs 16,000 to Rs 50,000 by the government which also doubled several other emoluments for them.
Ending speculation about a delay in the pay hike of MPs due to differences among ministers on the issue, the Cabinet gave its nod to hiking the basic pay from Rs 16,000 to Rs 50,000 per month.
However, this is much less than the figure of Rs 80,001 recommended by the parliamentary committee which had said the MPs should get more than government secretaries as the former are above them in the hierarchy.
The government also increased office expenses of parliamentarians from Rs 20,000 to Rs 40,000 per month. The constituency allowance has also been doubled from Rs 20,000 to Rs 40,000 per month, government sources said.
The limit for interest-free loan for MPs for buying a personal vehicle has been hiked four-fold to Rs 4 lakh from the present Rs 1 lakh.
The government has also hiked road mileage rate for vehicles used by MPs from Rs 13 per km to Rs 16 per km.
Spouse of a parliamentarian can now travel any number of times in first class or executive class, the sources said.
Pension benefits have also been increased from Rs 8,000 to Rs 20,000 per month.
Comments
Wow!!Another reason why
Deep
20 Aug 2010 - 12:44
Wow!!Another reason why people should join politics and join the "league of extraordinary gentleman". So now money comes both via left hands and right hands!!
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