#Coronavirus: President, PM, ministers and MPs to take 30 pc pay cut for one year

New Delhi : The salaries of the member of parliament and central ministers will be reduced by 30 per cent in the coming year in view of coronavirus outbreak and possible economic downturn, Union cabinet said on Monday.

Announcing the details, Union Minister Prakash said President Ram Nath Kovind, Vice President Venkaiah Naidu, Governors of States have voluntarily decided to take a pay cut as a social responsibility. The money will go to the Consolidated Fund of India

Union Cabinet on Monday approved Ordinance amending the salary, allowances and pension of Members of Parliament Act, 1954 reducing allowances and pension by 30 per cent with effect from April 1, 2020 for a year.