IIT, IIM teachers' salary hike
Friday, August 7, 2009
In a big relief to thousands of teachers and staff of centrally funded technical institutions, including IITs and IIMs, the government on Thursday revised their pay with retrospective effect from January 1, 2006. The revision of pay scales of faculty, design and scientific staff and other academic staff of the over 50 centrally funded institutions were approved by the union Cabinet, chaired by Prime Minister Manmohan Singh. The government also gave the go ahead for giving financial assistance to states for implementing the revised scales, an official statement said.
The revision of salary will enable the institutes to recruit and retain quality faculty and will provide them an encouraging environment and working condition to enhance their performance and capacity, the statement said. The government had earlier set up a committee under the chairmanship of Prof Govardhan Mehta to recommend revised pay scale for faculty of centrally funded technical institutions. The Govardhan Mehta Pay Review Committee had suggested that the scale of pay of assistant professors in these institutions will be in the Pay Band of Rs 15,600 to Rs 39,100 with Academic Grade Pay of Rs 8,000.
Posted bySaini at 6:07 AM
Labels: IIMs, News/Information
