MPs' monthly allowances to increase by Rs 40,000

February 28, 2018 21:24

The monthly allowances of Members of Parliament are all set to increase by Rs 40,000 per month, with the Union Cabinet today approving up to 55 per cent hike.

At a meeting chaired by Prime Minister Narendra Modi, the Cabinet approved the amendment to allowance rules effective from April 1, which will have additional financial implication of more than Rs 39 crore and Rs 6.64 crore on account of recurring and non-recurring expenditures respectively.

Now MPs will be paid to Rs 70,000 per month as constituency allowance instead of Rs 45,000 per month at present. Similarly, office expenses allowance has also been increased to Rs 60,000 from Rs 45,000, the Parliamentary Affairs Ministry said in an statement.

Besides these two allowances, the furniture allowance which is being paid to the parliamentarians once in five years, is also increased to Rs one lakh from Rs 75,000.

All the allowances will automatically increase after every five years starting from April 1, 2023 on the basis of cost inflation index.

The decision of the Cabinet will be conveyed to Joint Committee on Salaries and Allowances of Members of Parliament for making amendments in the relevant rules.

It will be approved and confirmed by the Chairman and the Speaker and will be published in the Official Gazette, the ministry said.

« Back to LIVE

TOP STORIES

Let The Election Games Begin!

Polling and police officers travel in a boat with election materials to reach to a remote polling station ahead of the first phase of India's general election in the Majuli district, Assam, April 18, 2024.

MI Vs PBKS: Who Bowled Best? Vote!

Bumrah, Coetzee and Patel all took three wickets each.

Kerala woman cadet onboard ship seized by Iran returns home

At the airport, Joseph was received by the regional passport officer.

SC sets aside T'gana HC order declaring 106 acre of forest land as private

The humans have "selective amnesia" about the significance of forests, the Supreme Court said on Thursday while advocating the need for a change in approach towards natural resources from anthropocentric to ecocentric.

'Sun will rise tomorrow!' Curran vows PBKS' turnaround

Stand-in captain Sam Curran lauded the efforts of Ashutosh Sharma and Shashank Singh, who displayed remarkable composure in a high-pressure chase.