MPs may soon draw salary of Rs 2.8 lakh per month

New Delhi: Parliament may not be functioning as it should but that is not deterring the Central government from raising the salaries and allowances of Members of Parliament.

As per a report in The Indian Express, the salaries and allowances of Parliamentarians will go up by 100 percent if the proposal mooted by the government is accepted by the Finance Ministry.

If the proposal is approved, an MP would draw a monthly salary of Rs 2.8 lakh.

 

Pensions of ex-MPs are also to rise.

As per the proposal, the government seeks to raise the monthly salary of an MP from Rs 50,000 to Rs 1 lakh, constituency allowance from Rs 45,000 to Rs 90,000 and secretarial assistance plus office allowance from Rs 45,000 to Rs 90,000.

Pension, on the other hand, is planned to be hiked to Rs 35,000 per month from the current Rs 20,000.

For politicians who have been MPs for a period extending to more than five years, they would get an additional amount — the number of years multiplied by Rs 2,000. At present, this amount stands at Rs 1,500.

As per government sources, the Finance Ministry will accept the proposals.