President, PM, MPs to take a pay cut to fight COVID-19; MPLAD fund scrapped for 2 years
Union minister Prakash Javadekar said the cabinet approved an ordinance amending the Salary, Allowances and Pension of Members of Parliament Act, 1954 reducing allowances and pension by 30 pet cent from April 1 2020 for one year. The Cabinet also...

Briefing reporters, the minister said the cabinet approved an ordinance amending the Salary, Allowances and Pension of Members of Parliament Act, 1954 reducing allowances and pension by 30 pet cent from April 1 2020 for one year.
The money will go to Consolidated Fund of India, he added.
The Cabinet also approved temporary suspension of MPLAD (Member of Parliament local Area Development) fund scheme during 2020-21 and 2021-22, and the funds will be used for managing health services and the adverse impact of COVID-19 pandemic in the country, he said.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.