The Members of Parliament can soon expect a steep hike in salary as the Centre has decided to give a 100 per cent raise, taking their basic pay from Rs 50,000 to Rs 1 lakh per month.
The Prime Minister's Office (PMO) is learnt to have agreed to consider a recommendation made by the Joint Committee on Salaries and Allowances of Members of Parliament, which is headed by Bharatiya Janata Party (BJP) MP Yogi Adityanath.
The PMO is believed to have agreed to revise not only the Parliamentarians' salary but also their allowances.
The government is also mulling over increasing the President's salary from current Rs 1.5 lakh per month to Rs 5 lakh and the Governor's salary from current Rs 1.10 lakh to Rs 2.5 lakh.