Centre Approves 24% MP Salary Hike & Pension Revision | Budget Session 2025 Update
Date: 24-mar-2025
24% Hike in Monthly Salary of Sitting Members
The Government of India has officially notified a 24% increase in the monthly salary of Members of Parliament (MPs). The revised salary moves from ₹1,00,000 to ₹1,24,000, as per a notification by the Ministry of Parliamentary Affairs on March 24, 2025.
Additional Allowances and Pension Revision
In addition to the salary hike, the notification also includes a raise in daily allowances for current MPs and revised pensions for former MPs, ensuring better financial support for public representatives.
- Daily allowance increased from ₹2,000 to ₹2,500.
- Monthly pension for former MPs raised from ₹25,000 to ₹31,000.
- Additional pension per year of service (over 5 years) increased from ₹2,000 to ₹2,500.
Legal Backing and Inflation Index Adjustment
The increase comes under the Salary, Allowances and Pension of Members of Parliament Act and is aligned with the Cost Inflation Index as defined by the Income Tax Act of 1961. This aims to ensure MP compensation keeps pace with inflation and the cost of living.
Parallel Developments in Karnataka
Interestingly, the announcement from the Centre follows closely on the heels of a massive salary hike approved by the Karnataka government. Just days earlier, the Karnataka Ministers' Salaries and Allowances (Amendment) Bill passed with significant increases:
Also Read
- Chief Minister's salary doubled from ₹75,000 to ₹1.5 lakh.
- Ministers' salaries rose from ₹60,000 to ₹1.25 lakh (a 108% hike).
Both the Karnataka Ministers Salaries and Allowance (Amendment) Bill and the Karnataka Legislature Salaries, Pensions and Allowances (Amendment) Bill, 2025 were passed amid protests, particularly regarding the 4% reservation for Muslims in public contracts.
Public Reactions and Opposition Views
The rapid approval of these hikes, especially without substantial discussion, has drawn mixed reactions. While some argue that these revisions are justified by inflation and job demands, others believe such moves should be tied to performance and debated more openly.
🔄 Read More
⬅ Previous: Tate brothers report to Romania police after return from US
Date: 24-Mar-2025
Andrew and Tristan Tate report to Bucharest police after their US visit, amidst ongoing criminal investigations in Romania and the UK.
Next: India's Tech Sector Sees Surge in AI Development ➡
Date: 24-Mar-2025
India's technology sector experiences a significant boost in artificial intelligence development, driven by government initiatives and private investment.
