Friday, August 20, 2010

Pay hike to cost the country Rs 60 lakh for each MP, per year

The MP's of India are dissatisfied by their pay hike. The Samajwadi Party, Rashtriya Janata Dal and the Janata Dal stalled proceedings in the Lok Sabha on August 20. MPs argue that their present salary is lower than that of a secretary level government employee, reports Times Now.

Read the whole article:

A 300% hike is not enough for our Members of Parliament; now they want it to be 500%. Dissatisfied by the quantum of hike in the salaries approved by the Cabinet, the Samajwadi Party, Rashtriya Janata Dal and the Janata Dal (United) stalled proceedings in the Lok Sabha on Friday (August 20). MPs led by Lalu Prasad and Mulayam Singh Yadav created an uproar and forced two adjournments before the final one for the day.

The MPs contended that the government had insulted Parliament by rejecting the recommendation of its own Committee to raise the basic salary from Rs 16,000 to Rs. 80,000 per month. MPs have argued that their current salaries are lower than a secretary level government employee.

However, a back-of-the-book calculation by TIMES NOW has estimated that effectively MPs annual salary per month is now Rs 5 lakh including free air tickets, Dearness Allowance, accommodation, rent telephone and electricity bills and constituency allowance. Like all employees have a 'Cost to Company', to maintain their lifestyle these MPs have a Cost to the Nation that goes up to Rs 5 lakh a month - or 60 lakhs a year!

Finally, compare the above to an Army officer, whose last salary hike on an average was 40 % compared to an MP's 300%.

However much the public may disapprove, for once all MPs have been united on the issue of increasing their own salaries, the only dissonance being why they can't get even more.

Read the article on Miracle Of Democracy.

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