Projected Pay Scales after 7th Pay Commission
College professors: Good news for professors! Salary increase for university staff, probability faculty in JulyNew Delhi: Awaited impressive wage amendment for the lakhs of employees and employees in higher education institutions, with effect from January 1, 2016, is expected to be one of the most effective of 15% increments, Guru Purnima (July 9) ahead.
Ministry of Human Resource Development seeks Cabinet approval to provide an average 15% increase for all the Central and State Universities as well as eight lakh teachers and employees throughout the technical institutions funded by IIT, IIM, NIT, IISER, sources. Told ET for set-up
Salary Increase - The estimated cost of spending 75,000 crores in three years by the government - was raised on Monday to discuss the PMO, the ET has learned
In 2006, the final pay amendment for teachers gave them a salary package compared to a civil servant and there is a possibility of being on the shore. The academic pay scale is different from the civil servants, but it is expected that an assistant professor will be paid an civil citizen civil employee at the basic level of Rs. 1600.
In the 30,000 central funded technical institutes, about 7.5-8 lakh teachers and employees will benefit and about 30,000 employees in state funded colleges and universities, Central Universities, salary modification.
While the cost estimate for Central Universities and CFTI is Rs 600 crores, while the central government holds a part of half cost for the states, it will be an amount of approximately Rs 12,000 crores. The increment will be applicable in the next three years, according to the estimation of the 7th Pay Commission for educational institutions, and according to the average increment of approximately 15%, sources said.
Per 7 Salary Commission as a fitment formula, for a professor of salary 2.72 a professor and for assistant professor of above and above and a multiplier of 2.67 (for basic salary and academic grade pay) Applicable).
To address the issues of service conditions and tenure, the University Grants Commission will be left out.
The Wage Review Committee, constituted by the UGC, recommended a report to the Ministry in February to 20%. Payments panel committee for CFTIs had demanded an increase in Faculty Cumulat Ive Professional Development Allowance for encouraging global risk for research work and faculty pay parity for the directors of all institutions. While the increase of CPDA has been accepted by the Ministry of Human Resource Development, it has been decided to maintain high pay structure for the director of institutions of national importance.
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