Modi government hikes salaries, allowances and pensions of MPs

New Delhi: The Centre has increased the salaries, allowances and pensions of Members of Parliament with effect from April 1, 2023, according to a gazette notification issued by the Ministry of Parliamentary Affairs on Monday.

The salary of Lok Sabha and Rajya Sabha members has been raised to Rs 1.24 lakh per month from Rs 1 lakh at present, whereas the daily allowance has been raised to Rs 2,500 from Rs 2,000 earlier, the notification states.

The pension paid to former MPs has also been increased to Rs 31,000 per month from Rs 25,000 at present, as per the notification.