Salary hike for 758,000 teachers as govt extends 7th Pay Commission award

Govt has also announced two new skill schemes; wants to send 300,000 youth for training in Japan

economy today: The central government cleared the pay commission recommendation for revision in salaries for teachers and academic staff.

There is some good news for as many as 758,000 teachers and other academic staff at 106 institutions under the Union government and 329 universities funded by various state governments. The central government has cleared the 7th Pay Commission recommendation to revise their salaries. The revised pay will be implemented with effect from January 1, 2016.

Teachers in 119 centrally funded institutions such as the Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) will also benefit.

"The annual Central financial liability on account of this measure would be about Rs 9,800 crore. The implementation will enhance teachers' pay in the range of Rs 10,400 and Rs. 49,800 as against the extant entry pay...(higher by) 22 per cent to 28 per cent," said the ministry of human resource development.....(Read more)