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WHAT IS WRONG WITH US?
Sunday, 29 July 2007
PM is right when he says CEOs' salaries have to be rationalised
Mood:  suave
Now Playing: EXCUSE ME, I AM WITH THE PM ON THIS!
Topic: MPs earn disgustingly low
Recently I received a mail from a close friend trying to raise a stink over the prime minister's statement to rationalise CEOs' salaries in this country. Read my reply at the end of this copy.

 

Have a look at this

Salary & Govt. Concessions for a Member of Parliament (MP)


Monthly Salary
: 12,000

Expense for Constitution per month
: 10,000

Office expenditure per month
: 14,000

Traveling concession (Rs. 8 per km)
: 48,000 ( eg.For a visit from kerala to Delhi & return: 6000 km)

Daily DA TA during parliament meets
: 500/day


Charge for 1 class (A/C) in train:
Free (For any number of times)
(All over India
)


Charge for Business Class in flights
: Free for 40 trips / year (With wife or P.A.)


Rent for MP hostel at Delhi
: Free


Electricity
costs at home : Free up to 50,000 units


Local phone call charge
: Free up to 1 ,70,000 calls.


TOTAL expense for a MP [having no qualification] per year
: 32,00,000 [i.e. 2.66 lakh/month]


TOTAL expense for 5 years
: 1,60,00,000

For 534 MPs, the expense for 5 years :

8,54,40,00,000 (nearly 855 crores)


AND THE PRIME MINISTER IS ASKING THE HIGHLY QUALIFIED, OUT PERFORMING CEOs TO CUT DOWN THEIR SALARIES.....


This is how all our tax money is been swallowed and price hike on our regular commodities.......

And this is the present condition of our country:

The image

 

http://news.bbc.co.uk/olmedia/85000/images/_89378_india_poverty_child_by_river_300.jpg

http://weblogs.nrc.nl/weblog/wereld/wp-content/uploads/indian_poor.jpg

855 crores could make their life livable !!
Think of the great democracy we have.............

PLEASE FORWARD THIS MESSAGE TO ALL REAL CITIZENS OF INDIA
..
but,

STILL Proud to be INDIAN

 

i know hitting a delete button is easier.......bt.......try 2 press  fwd  button 2 make people aware of it!

 

Frankly my friends, I don't understand what is this ruckus about? The prime minister only said that the CEOs’ salaries have to be rational. Which no one can deny. The CEOs and the top echelons of a private sector company enjoy perks and salary as if it is nobody’s business. The highest annual salary paid in this country to CEOs is in the vicinity of $8-million in cash, that’s a cool Rs32-crore per year (Rs2.6-crore a month!). It’s quite propagandist to send pictures showing people standing in the queue at ration shops. Do you see any of the CEOs there? Probably they are queuing up at the SUV showroom. And the perks for CEOs are unaccountable… private jets, five-star hotel stay, holidaying in Switzerland and what have you. The MPs are the CEOs of this country. If for managing a company you get Rs2.6-crore a month, can you imagine how much should the salary of the CEO of this country be? And to say MPs are illiterates and hence should be not paid high sums is like saying all illiterate entrepreneurs like Dhirubhai Ambani should have been stripped of their wealth as they were uneducated. No one is barring educated people from joining politics and going to Lok Sabha to earn a Rs1-lakh salary + perks.

Rather I would join a campaign which says every employee of a successful company should get equal share in profits and hence salaries in corporates should be rationalized. A watchmen or a peon cannot get a Rs15,000 salary while the CEO gets a Rs2.6-crore salary. So kindly pass on this mail to as many friends you have. It is just a matter of natural justice!

Cheers!

Anil Nair
 


Posted by Anil Nair at 1:29 PM

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