By India Today Web Desk: Despite serving as the United Kingdom Prime Minister for simply forty five days, Liz Truss is entitled to an annual payout of £115,000 (round Rs 1,06,36,463 in step with present day conversion rates) for existence. Truss resigned from her submit on Thursday, making her tenure the shortest of any British top minister in history.
WHERE WILL THE MONEY COME FROM?
According to The Independent, the cash that Truss gets each 12 months for existence might be paid from the taxpayer’s cash. The outgoing Conservative chief can declare the cash from the Public Duty Costs Allowance (PDCA) — which become delivered to assist former top ministers continue to be lively in public existence.
As consistent with the government’s guidance, bills are made only “to fulfill the real value of persevering with to fulfil public duties.”
The allowance become organized after Margaret Thatcher’s resignation in 1990. It become introduced via way of means of her predecessor, John Major, in March, 1991.
Since the scheme become first delivered, numerous top ministers withinside the beyond have claimed millions, mentioning workplace and secretarial expenses as a end result of “their unique function in public existence”.
Truss will be a part of six different residing former top ministers who’re entitled to say cash thru the allowance scheme. This approach that taxpayers ought to pay greater than £800,000 consistent with 12 months.
Britain is presently on the point of an monetary disaster after Truss delivered her now-reversed ‘mini-budget’ coverage. The £forty five billion tax-reduce package deal despatched the markets right into a tizzy and sparked sizable selling.
The Pound Sterling additionally crashed to a report low in opposition to the United States Dollar after the coverage become introduced.