The Lok Sabha has passed the Salary, Allowances and Pension of Members of Parliament (Amendment) Bill, 2020 on 15 September 2020. The bill seeks to cut salaries of all Members of Parliaments (MPs) by 30 per cent for a period of one year commencing April 1, 2020, to meet the urgent financial need arising out COVID-19 pandemic.
The Salary, Allowances and Pension of Members of Parliament (Amendment) Bill, 2020 will replace the Salary, Allowances And Pension of Members of Parliament (Amendment) Ordinance, 2020. This ordinance was cleared by the Union Cabinet on April 6, 2020.
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