The government is considering to set up a permanent mechanism to decide the salary and perks of members of Parliament. Parliamentary Govt affairs minister Pawan Kumar Bansal told this in Rajya Sabha while introducing the bill on hike in MPs salaries. Official sources said that the exact details of the mechanism are yet to be finalised. There are several proposals that include setting up of a panel of former finance minister, a prominent personality and the former chairman of the Rajya Sabha to decide on the issue. Opposssition has also been demanding setting up an independent body to decide on their emoluments. The house later passed the bill which has been earlier approved by the Lok Sabha. Left Parties walked out from the house protesting against the governments delay in appointing a permamnenet mechanism to decide the issue.The bill provides for a three-fold hike in MPs’ salaries from 16,000 rupees to 50,000 rupees.