7th Pay Commission: Good News For Employees As Govt Hikes Allowances
The Government of India in consultation with the Ministry of Finance (Department of Expenditure), has decided to revise the rate of allowances of teachers, equivalent academic staff, Registrars, Finance Officers and Controller of Examinations in Central Universities and Colleges thereunder and Centrally funded Deemed to be Universities on the basis of recommendations of the 7th Central Pay Commission, with immediate effect.
The Central government has extended the 7th CPC to the teachers and other academic staff of the state government/government aided degree level technical institutions, as such the faculty will be motivated further by the better financial benefits.
The HRD Ministry, through a notification, mentioned “It has been decided that the rates of the allowances admissible during the 6th CPC shall be revised in accordance with the provisions of the Department of Expenditure’s dated July 26, 2017, read with Department of Expenditure’s Resolution dated July 6, 2017 and the Government orders issued in the matter, for teachers, equivalent academic staff, Registrars, Finance officers and Controller of Examinations in Central Universities and colleges thereunder and Centrally funded Deemed to be Universities.”
It is also informed that the rate of Special Allowances for the post of Vice-Chancellor, Pro Vice-Chancellor and College Principals has been revised by a factor of 2.25 and the revised Special Allowances are as follows:
Post And Revised Special Allowance per month:
Vice-Chancellor: Rs 11,2501
Pro Vice-Chancellor: Rs 9,000
Principals in PG colleges: Rs 6,750
Principals in UG colleges: Rs 4,500