Indian Government Implements 24% Salary Hike for MPs
The revised pay, effective April 2023, aligns MPs' salaries with inflation, marking the first increase since 2018.
- MPs' monthly salaries have increased from ₹1 lakh to ₹1.24 lakh, with daily allowances raised from ₹2,000 to ₹2,500.
- Pensions for former MPs have been revised from ₹25,000 to ₹31,000, with additional pension per year of service beyond five years increased to ₹2,500.
- The salary hike is based on a 2018 mechanism linking MPs' pay to the Cost Inflation Index, ensuring periodic adjustments every five years.
- This is the first salary increase since MPs voluntarily reduced their pay by 30% during the COVID-19 pandemic in 2020.
- The government has defended the revision as a transparent, inflation-linked adjustment, contrasting it with discretionary salary hikes at the state level.