New Delhi: After 20 months, the Union Cabinet on Wednesday decided to restore the Member of Parliament Local Area Development Scheme (MPLADS).
Addressing the media, Information Broadcasting Minister Anurag Thakur said that MPLADS funds would be restored for the remaining part of the Financial Year 2021-22 and up to the Financial Year 2025-26 co-terminus with the period of the 15th Finance Commission. The annual MPLADS fund entitlement per MP constituency is Rs. 5 crore, released in two installments of Rs. 2.5 crore each, subject to the fulfillment of conditions as per the MPLADS guidelines.
“The Finance Ministry will release MPLADS funds at the rate of Rs. 2 crore per Member of Parliament for the remaining period of FY 2021-22 in one installment and at the rate of `5 crore per annum per Member of Parliament during FY 2022-23 to FY 2025-26 in two installments of Rs. 2.5 crore each. Since the inception of the scheme, a total of 19,86,206 works/projects have been completed with the financial implication of Rs. 54,171 crore,” said the Government in a statement.