Cabinet clears proposal to hike MPs146; salaries

The committee had proposed a salary hike from Rs 12,000 per month to Rs 16,000 per month. An increase from Rs 3,000 to Rs 8,000 was mooted on the pension front, while MPs8217; Constituency Allowance was proposed to go up from Rs 14,000 to Rs 31,000. A doubling in the daily allowance from Rs 500 per day to Rs 1,000 per day was also recommended.

However, barring the salaries and the daily allowances hike, the Finance Ministry reduced the other increases proposed by the committee. 8220;The Finance Minister has reduced the proposed pension of Rs 8,000 to Rs 6,000. The additional burden from the hikes would be Rs 60 crore,8221; Dasmunshi said.

Dasmunshi said, 8220;There8217;s no hypocrisy8230; Indian MPs are the worst paid in the world.8221;