The Union Cabinet today cleared revised pay scales for almost eight lakh teachers and academic staff of higher educational institutions following the implementation of the Seventh Pay Commission.
Teachers in 119 centrally funded institutions such as the Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) will also benefit.
It seems Diwali has arrived early for all teachers of central and state universities as the government has chose to extend the benefits of 7th Pay Commission to them.
The revised pay scales will be implemented with retrospective effect from January 1, 2016.
The approval has come following implementation of the recommendations of the 7th Central Pay Commission for Central Government employees. "The measures proposed in the revised pay structure are expected to improve quality of higher education and also attract and retain talent".
For the State Government funded institutions, the revised pay scales will require adoption by the respective State Governments, the HRD Ministry said.
"We must attract good talent into academia, they need to be given attractive compensation", HRD minister said.
Javadekar said the pay hike cleared by the cabinet was in the range of 22 to 28 per cent, depending on the seniority of the faculty members. In total, now there are 106 central universities, 329 state universities&12912 government private aided colleges affiliated to State Public Universities. The salaries of government employees will increase by 20 per cent after this decision.