• Source:JND
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Indian MP Pay Hike:  Starting April 1, 2025, Indian MPs will receive a 24% pay hike. Along with benefits and allowances, the Central Government has confirmed in a notification that the new monthly wage will be Rs 1.24 lakh. The Ministry of Parliamentary Affairs said the change is a reaction to growing inflation.

Additionally, current Members of Parliament will get higher pensions and daily allowances, while past Members of Parliament will receive more pensions for each year of service beyond five years.

MPs used to get a monthly salary of Rs 1 lakh, daily allowances of Rs 2,000, and a pension of Rs 25,000 for retired MPs. The updated amounts are Rs 31,000 per month for pension, Rs 2,500 for daily allowance, and Rs 1.24 lakh per month salary. Furthermore, the monthly additional pension for service beyond five years has been raised from Rs 2,000 to Rs 2,500.

However, Indian MPs continue to earn less than their counterparts in many other nations, despite the hike.

Salaries Of Indian MPs Vs Their Counterparts

United States:  Each year, US MPs get around Rs 1.45 crore, or $174,000. They are given a separate budget for office and travel expenses, but they are not provided with free housing.

United Kingdom:  The annual remuneration of British Members of Parliament is around Rs 78 lakh (93,904 pounds). They are not given free housing, but they do receive a housing allowance.

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Japan:  In addition to receiving around Rs 1.5 crore a year, Japanese MPs are also eligible for significant extra bonuses.

Australia:  MPs in Australia get about Rs 1.3 crore a year. They are compensated for office expenses and travel.

Germany:  German MPs make about Rs 1.1 crore a year, with a budgetary allotment for staff employment and office upkeep.

Canada:  Canadian MPs receive a salary of about Rs 1.2 crore a year and enjoy better amenities than their Indian counterparts.

France:  French MPs enjoy favourable advantages and get almost Rs 70 lakh a year.

Italy:  The yearly remuneration of an Italian MP is around Rs 1 crore.

South Korea:  Every year, South Korean MPs get about Rs 90 lakh.

Singapore:  With yearly salaries of almost Rs 5 crore, Singaporean MPs receive the highest compensation.

The yearly pay of an MP in India is Rs 14.88 lakh, which rises to Rs 40 lakh when free lodging, transport, and other benefits are taken into account. Compared to the pay in nations like the US, Japan, or Singapore, this is still far less.