pamphlet · working paper
FINANCIAL MEMORANDUM
The Salaries & Allowances of Ministers Bill, 1970
1970
2 pages
Summary
This two-page financial memorandum examines the additional expenditure associated with the Salaries and Allowances of Ministers Bill, 1970. It calculates the gross annual cost as Rs. 4,23,000 per Minister and Rs. 1,74,000 per Deputy Minister, while listing recoveries and savings arising from income tax, residence-related charges, staff salaries, utilities, travel, transport, and the abolition of the sumptuary allowance.
Key points
- Clause 3 of the Bill is identified as involving additional expenditure on ministerial salaries.
- The stated gross annual cost is Rs. 4,23,000 per Minister and Rs. 1,74,000 per Deputy Minister.
- Much of the expenditure is expected to be recouped through recoveries from Ministers and the abolition of the sumptuary allowance.
- The memorandum itemises additional income tax and surcharge, residence and staff costs, electricity, water, telephone, and travel-related charges.
- After offsets, the estimated net additional expenditure is Rs. 130 per Minister and Rs. 280 per Deputy Minister annually.
- For 37 Ministers and 18 Deputy Ministers, the total estimated net additional expenditure is Rs. 9,850.
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