In a Diwali gift of sorts, the Union Cabinet on Wednesday approved the revision of pay scales for over 7.50 lakh teachers and other equivalent academic staff of central universities by implementing the recommendation of the 7th Pay Commission.
The pay hike will also be applicable to the faculty members at 119 centrally-funded technical institutions such as the Indian Institutes of Technology (IIT), Indian Institutes of Management (IIM), Indian Institute of Science (IISc), National Institute of Industrial Engineering (NITIE) and IIITs. "This revision would register an entry pay growth in the range of 22% to 28%", the government statement said. The announcement was made by Union HRD Minister Prakash Javadekar who revealed that 8 lakh teachers of universities and colleges across India will get the benefit of 7th CPC.
With the cabinet decision, 7.58 lakh teachers of central and state universities and aided colleges will get the benefits of the 7th Pay Commission.
The Cabinet's decision on revision of pay scales for teachers will cost the state exchequer almost Rs 9,800 crore annually.
For state government-funded institutions, the revised pay scales will require adoption by respective states.
"We must give a good salary package so that the existing talent is retained in the academic sector, compared to attractive packages in the industry, " said Javadekar.
The order said that the hike has been approved to improve the quality and efficiency of the educational staff. This 22-member committee was headed by Secretary, Department of Personnel and Training (DoPT). There have been some long debates between the Government and the 7 Pay Commission but it seems like the arguments have settled at a great step. After the move, the salaries of government employees will increase by 20 per cent.