Centre Announces 24% Salary Hikes For MPs Monthly Pay Rises to Rs 1.24 Lakh

0
Centre Announces 24% Salary Hikes For MPs Monthly Pay Rises to Rs 1.24 Lakh

The Central government has announced a significant hike in the salary, daily allowance, and pension for Members of Parliament (MPs) and ex-MPs, effective from April 1, 2023. The monthly salary of MPs has been increased from Rs 1 lakh to Rs 1.24 lakh, while pensions have risen from Rs 25,000 to Rs 31,000. The decision, notified by the Ministry of Parliamentary Affairs, aims to adjust compensation in line with inflation.

According to the notification issued on March 21, 2025, MPs will now receive a monthly salary of Rs 1.24 lakh, up from Rs 1 lakh. The daily allowance for attending Parliament has been raised from Rs 2,000 to Rs 2,500. Additionally, the pension for ex-MPs has increased from Rs 25,000 to Rs 31,000 per month, with an additional pension for every year of service beyond five years rising from Rs 2,000 to Rs 2,500.

The Ministry of Parliamentary Affairs stated that the hike is based on the Cost Inflation Index, as specified under the Income-tax Act, 1961. The adjustment, effective retrospectively from April 2023, was made under the Salary, Allowances, and Pension of Members of Parliament Act, 1954. The notification was signed by Dr. Satya Prakash, Additional Secretary, on March 24, 2025.

ALSO READ | BMC Demolishes Parts of Mumbai Studio After Kunal Kamra’s Remarks on Eknath Shinde Spark Row

The official document highlighted that the increase aligns with the powers conferred by the 1954 Act. “In exercise of the powers conferred by sub-section (2) of section 3 and sub-section (1A) of section 8A of the Salary, Allowances and Pension of Members of Parliament Act, 1954, the Central Government hereby notifies the increase,” the statement read. This ensures MPs’ compensation reflects economic changes.

The revised payouts are expected to be implemented soon, with arrears for the period from April 2023. The move has sparked discussions on social media, with some questioning the timing of the hike. Further reactions from political leaders and the public are anticipated as the changes take effect.

Leave a Reply

Your email address will not be published. Required fields are marked *