There is no limit to the salaries of corporates and politicians through out the world. For example even after a 36% cut in the salary, the Singapore Prime Minister will be one of the best paid official in the world. Even after the cut, his salary will be $ 1.69 million! It is more than 4 times that of US President Barrack Obama, who gets a huge $ 400,000 a year.
How the pay cut has come all of a sudden? There was so much noise and resentment against the high salary of the ministers, including the Prime Minister and it was assured during the last election that the salaries will be cut. Hence the present decision.
What about the corporates all over the world? It is the same thing. We know how much the Ambanis, Tatas and others get. But in their own companies, what they are paying to the lowest category of workmen? Very low. This long divide in all spheres have to be narrowed down. Then only the toiling masses will get some relief. This discrimination in the income should go.