They are Members of Parliament representing the people of the Country with a mandate to serve them adequately and honestly in all the matters of welfare for a tenure of five years normally. It’s different matter that with the exception of a limited few the rest always are deeply prone to foster their own personal interests say their rise of salary at par with top beaurocrats on which count they raised all hue and cries on the floor of Parliament. They ultimately got it obviously at the cost of the public exchequer. As a result several other important sectors like Banking were ignored which trend still continues unabated. Initially there was nothing like a fixed salary but an allowance of Rs.2,500/ and that too was an optional feature differing from an MP to MP.
What is it they owe to the people?
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SHRI AWASTHY JI, YOU HAVE CORRECTLY AND APPROPRIATE ANALYSE THE FUNCTIONING OF THE REPRESENTATIVE OF THE PUBLIC IN A DEMOCRATIC COUNTRY ,IN THIS CONNECTION I MAY ADD AS YOU ARE AWARE THERE IS NO UPDATION OF PENSION IN THE FIANCIAL SECTOR I.E BANKING INDUSTRY,LIC,GENERAL INSURANCE AND R.B.I ., NABARD ETC AND THE PLIGHT OF OLD PENSIONERS ABOVE 70 YEARS OLD IS MISERABLE .THE HIGHEST POST OF S.BI IS DEPUTY MANAGING DIRECTOR AND WHO RETIRED IN 2000/2001 IS DRWING PENSION OF RS25000/PER MONTH INCLUDING D.A IN THIS PERIOD OF INFLATION.UPDATION OF PENSION IS THE NEED OF THE HOUR.
K.R.SAINI
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