A pay revision for lakhs of faculty and staffers across higher education institutes is likely to get a go-ahead by Guru Purnima (July 9), affecting an average of 15% salary hike.
The Human Resource Development ministry is set to take Cabinet approval to grant an average 15% hike to about eight lakh faculty and staff across all Central and state universities, as well as the Centrally funded technical institutes, including IITs, IIMs, NITs, IISERs, sources, told ET.
The pay hike had estimated to cost the government Rs 75,000 crore over three years—was also taken up for discussion at the PMO.
The pay revision will benefit about 7.5-8 lakh faculty and staff in state government-funded colleges and universities, 30,000 employees at the Central Universities and about 30,000 at centrally funded technical institutes.
The last pay revision for teachers in 2006 gave them a pay packet higher than a civil servant and the edge is likely to stay. While academic pay scales are different from civil servants, it is expected that an assistant professor will be paid about Rs 1600 more at the basic level of an entrant civil servant.
The Pay Review Committee constituted by the UGC had submitted its report to the ministry in February recommending a 20% hike. The pay panel committee for CFTIs had sought a hike in the Cumulus five Professional Development Allowance for faculty to encourage research work and global exposure for faculty pay parity for Directors of all institutions.
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