The recent hike in MPs' salaries to Rs 1.24 lakh a month stems from a 2016 proposal by PM Narendra Modi. He suggested a formal mechanism for salary adjustments, which was implemented in the Finance Act of 2018. This act links salary revisions to the Cost Inflation Index, ensuring systematic adjustments.
The recent hike in MPs' salaries to Rs 1.24 lakh a month stems from a 2016 proposal by PM Narendra Modi. He suggested a formal mechanism for salary adjustments, which was implemented in the Finance Act of 2018. This act links salary revisions to the Cost Inflation Index, ensuring systematic adjustments.