PM, President and MPs take 30% pay cut to help combat coronavirus

Suspension of MPLAD funds for two years to save Rs 7,900 crore

President Ram Nath Kovind, Vice-President Venkaiah Naidu, Prime Minister Narendra Modi, Union ministers, members of Parliament, and state governors will take a 30 per cent pay cut in 2020-21 to contribute to the Consolidated Fund of India (CFI) to help fight Covid-19. Besides, the member of parliament local area development (MPLAD) fund will remain suspended for 2020-21 and 2021-22, and the money, to the tune of Rs 7,900 crore, will be transferred to the CFI.
 

The Cabinet cleared an Ordinance on Monday to slash salaries of parliamentarians and ministers, Information and Broadcasting Minister Prakash Javadekar said. Kovind, Naidu, and the