Moreover, teachers and academic staff in 329 Universities across the nation which are funded by state governments, and 12,912 government and private-aided colleges affiliated to state public universities also stand to benefit from the rise in salary from 7th Pay Commission recommendations.
The Cabinet has approved a hike in the payment of 7.58 lakh teachers, Education Minister Prakash Javadekar announced on Wednesday. The hike would be anywhere between Rs 10,000 and Rs 50,000, he said.The revision in pay is also applicable for other equivalent academic staff of higher educational institutions under the purview of the statutory education body, the University Grants Commission, (UGC) and in centrally-funded technical institutions.
Revised pay package will cover teachers of 119 Centrally Funded Technical Institutions viz.IITs, IISCs, NITs etc. "We must attract talent into academics", said Javadekar.
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While the government has made a decision to hike the basic minimum pay beyond the 7th Pay Commission, there is not much clarity on the arrears.
States will get the Centre's support and all the benefits will be paid from January 1, 2016.
According to Ministry sources, the salary of an assistant professor (entry level) of a university will be increased to Rs 57,700 per month from the current Rs 47,000 per month.
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For the higher education institutions funded by state governments, the revised pay scales will have to adoption by their respective state governments.
The Central Government will bear "the additional burden" of the States to be arising due to revision of the pay scales under seventh pay commission recommendations, Javadekar said. In total, now there are 106 central universities, 329 state universities&12912 government private aided colleges affiliated to State Public Universities.
The government had approved the recommendation of the 7th pay commission for the pay hike.
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"With this decision, the government has done justice to the lakhs of teachers".