New Delhi: The Central government has approved a proposal to extend 7th Pay Commission benefits to teachers and academic staff of state governments and government-aided technical institutions.
The revised pay scales will be applicable from 1.1.2016 and the annual financial liability on account of this measure will be about Rs 1,241.78 crore, said Union HRD Minister Prakash Javadekar.
He said that the Central Government will reimburse 50% of the total additional expenditure (from 1.1.2016 to 31.3.2019) to be incurred by these institutes for payment of arrears on account of 7th CPC implementation.
This will directly benefit a total of 29,264 teachers and other academic staff of State Government funded institutes. Besides, about 3.5 lakh teachers and other academic staff of private colleges/ institutions within the purview of AICTE will also benefit from the approval given today, he added.
The Minister said that the implementation of pay commission recommendation in State Government Aided / funded AICTE approved technical institutes will help them in attracting and retaining the faculty of high academic standards.