In a move that would benefit 7.5 lakh teachers of central and state universities, Union Cabinet has given its nod for extending the benefits of the 7th Pay Commission to them.
The announcement was made by Human Resource Development Minister Prakash Javadekar.
Faculty at central universities, centrally-funded deemed universities, state universities, and government/private aided colleges affiliated to state universities will receive the pay hike.
22-28% pay hike approved by Union Cabinet
Javadekar said the Cabinet cleared pay hike ranging between 22-28% for the faculty members on the basis of their seniority.
Teachers at the universities can expect their salaries to increase by an amount between Rs. 10,000 to Rs. 50,000.
Faculty at Central government's institutions/universities would receive the benefits immediately while those at universities/colleges run by states may have to wait a little longer.
We must attract talent into academics: Javadekar
After the Union Cabinet meeting, HRD Minister Javadekar said, "We need to attract talent and give good salaries to our teaching staff and to retain them." He said it was an attempt to do justice to the faculty at higher education institutions.
Revised pay benefits to be extended to these teachers
The faculty members at 43 central universities, 329 state universities, 12,912 government/private and aided colleges affiliated to state universities would benefit from the government's decision.
Also, salaries of teachers at 119 centrally-funded institutions like the IITs, IIMs, IISc, NITIE, and IIITs would be revised.
They will receive the pay hike benefits with retrospective effect from 1 January 2016.
Additional burden on Centre, states
Centre's official statement said state governments are required to adopt the revised pay scales for the institutions funded by them. Javadekar said, "The Centre will bear Rs. 1400-crore per year on this (revision), while States will have to pay out an additional Rs. 8400-crore."