MPs likely to get a salary hike of Rs 40,000 per month - Read how

New Delhi : The Union Cabinet on Wednesday cleared a proposal that entitles a hike of up to Rs 40,000 per month in the salary of Members of Parliament. The cabinet, in its meeting, decided to increase allowances by amending Housing and Telephone Facilities (Members of Parliament) Rules, 1956, Members of Parliament (Constituency Allowance) Rules, 1986, and Members of Parliament (Office Expense Allowance) Rules, 1988.

Post-hike, MPs will be drawing as constituency allowance of Rs 70,000 per month instead of their current Rs 45,000 per month. Similarly, office expenses allowance has also been increased to Rs 60,000 from Rs 45,000.

The new move 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.

“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.

During the Budget 2018, Finance Minister Arun Jaitley had announced that the government will churn out a way for a periodic hike in the salaries of the MPs.