Great Initiative: PM, President, and MP’s will bear 30% cut in salaries – Prakash Javdekar, I&B Minister
India with the absolute majority of BJP and under the guidance of PM Modi is doing every possible step to control the spread of COVID19 virus along with lowering the financial burden on the country’s economy. “Prime Minister, Union Ministers, President, Vice-President, and governor of states will bear the cut of 30% in their salaries,” Information and Broadcasting Minister Prakash Javdekar told the reporters while addressing the press.
“Cabinet has approved Ordinance amending the Salary, Allowances, and Pension of Members of Parliament Act, 1954 reducing allowances and pension by 30% w.e.f. 1st April 2020 for a year,” he said.
The money will go to the Consolidated Fund of India, he added.
The minister further said that the President, Vice President, Governors of States have also voluntarily decided to take a pay cut as a social responsibility. These funds will now go to the consolidated fund of India.
“President, Vice President, Governors voluntarily decided to take a pay cut. The money will go to the Consolidated Fund of India,” Prakash Javadekar told reporters.
He further said that Rs 5 crore MP-LAD (Member of Parliament Local Area Development) fund will be suspended for the next two years (2020-21 and 2021-22), adding that Rs 10 crore of MP-LAD for two years of each MPs will also be transferred to the consolidated fund to help fight the coronavirus crisis.
The funds will be used for managing health services and the adverse impact of COVID-19 pandemic in the country, he said.
Meanwhile, the Health Ministry said that the country has reported nearly 4,000 positive coronavirus cases and over 100 deaths. It said that while males account for 73% total COVID-19 deaths, female 27%.