Cabinet: Ordinance to cut salary of PM and MPs by 30% approved
Union Cabinet approved to cut the salary of Prime Minister and other MPs by 30%. Apart from them, the salaries of president,governor and vice president are also to be cut
The amount cut from the members are to go to consolidated fund of India. The Cabinet has also approved that the MPLADS are to be suspended for 2 years that is between 2020-21 and 2021-22. With this move, GoI has saved 7,900 crores.
The MPLADS is Members of Parliament Local Area Development Scheme (MPLADS). It was introduced in 1993. Under this scheme, the members of the parliament shall recommend works upto Rs 25 lakhs per year. And in case of natural calamity, they shall sanction funds upto Rs 1 crore.
The Parliament of the world's largest democracy stands together in these challenging times and the amount will be utilised in the fight against coronavirus.