On Monday Union minister Prakash Javadekar informed media that The Union Cabinet has authorized an ordinance scathing the pension and allowances of members of the Parliament by 30% for a year amid Coronavirus pandemic.
The ordinance – a revision to Members of Parliament Act, 1954, will reduce the allowances and pension by 30% w.e.f. April 1, 2020. The reduction will be applicable for the Financial year 2020-21.
Consolidated Fund of India
The union Minister Prakash Javadekar said on Monday that Apart from the ordinance on Members of Parliament salary, President Ram Nath Kovind, Vice-President Venkaiah Naidu and many state governors and lieutenant-governors have also willingly determined to take a pay cut as a social obligation. He added the money will go to the Consolidated Fund of India.
The union cabinet has also approved temporary suspension of MPLADs fund scheme during 2020-21 and 2021-22, and the Members of Parliament Local Area Development Scheme funds will be used for managing health services during the pandemic in the country.
PM Modi, all his cabinet ministers, and all MPs will take a 30% salary cut for the next one year, entice a long road to recovery from the bizarre economic blow caused by the corona pandemic across the country.
The Prime Minister, Narendra Modi signaled that the country should be ready for a long fight against corona. “It is going to be a long battle, we do not have to tire, we have to emerge victorious in battle against this corona pandemic,” PM Narendra Modi said in a video message on Monday.
The decision to suspend Members of Parliament Local Area Development Scheme funds, which MPs use for development works in their constituencies, has met with some opposition from some Congress MPs. While all the parties including Congress accepted the move to cut salaries by 30% for a year.
Also read: How to Contribute donation money on PM CARES FUNDS (Step by Step Guide), Virat Kohli & Anushka Sharma’s Contribution Against Coronavirus, King SRK Donates to PM Cares and CM Fund in the Fight Against Coronavirus, Salman Khan To Financially Support 25,000 Daily Wage Workers, Rs 1.7 Lakh Crore Package Announced By Centre to Combat COVID-19
News Source: President, MPs, ministers take a pay cut for 1 year