The revised pay package will also be extended to teachers at 119 centrally-funded technical institutions such as Indian Institute of Technology (IIT), Indian Institute of Management (IIM), Indian Institute of Science (IISc), National Institute of Industrial Engineering (NITIE) and IIITs.
The approved pay scales would be applicable from January 1, 2016.
The central government employees who have been waited for months to get revised allowances under the 7th pay commission are now looking forward to the pay hike.
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The decision to implement the recommendations was taken in a meeting of Union Cabinet chaired by Prime Minister Narendra Modi.
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. The Assistant Professors in the upper grade, who are getting Rs 56,000, will now get Rs 68,000 while a Senior Assistant Professor will now get almost Rs 80,000.
For the state government funded institutions, the revised pay scales will require adoption by the respective states. He said the decision was an attempt to do justice to faculty members at the country's higher education institutions and attract good talent.
This pay hike as per the pay panel recommnedations is set to benefit 7.58 lakh teachers and equivalent academic staff in the 106 universities or colleges which are funded either by the UGC or the Ministry of Human Resource Development. And since then the central government employees were demanding to raise minimum pay from Rs 18, 000 to 26,000.