Updated By: LatestGKGS Desk
The Union Cabinet approved the revision of pay scales for about 8 lakh teachers and for the staff of Centrally Funded Technical Institutions and also other equivalent academic staff.
The staff of universities and college recognized by the University Grants Commission (UGC) and staff of Centrally Funded Technical Institutions.
The approval came following the implementation of the recommendations of the 7th Central Pay Commission for Central Government employees.
The approved pay scales will be effective from 1 January 2016.This revision will register an entry pay growth in the range of 22 percent to 28 percent.
The decision will benefit 7. 58 lakh teachers and equivalent academic staff in the 106 Universities and College which are funded by the UGC or MHRD.
The decision will also benefit 329 Universities which are funded by state government and 12912 government and private aided college affiliated to state public universities.
The revised pay package will cover teachers of 119 Centrally Funneled Technical Institutions such as IITs, IISc, IIMs, IISERs, IIITs, NITIE, etc.
The annual Central financial liability on account of this measure will be about Rs 9800 crore. The implementation of this pay revision will enhance the teachers’ pay in the range of Rs 10400 and Rs 49800.
For the state Government funded institutions, the revised pay scales will require adoption by the respective state government.
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