New Delhi: After Diwali bonanza to government employees, now faculty of the Indian Institutes of Technology (IITs), National Institutes of Technology (NITs) and other centrally funded institutes will get a pay hike as the Centre has decided to review their salaries by taking into account recommendations of the 7th Central Pay Commission.
Sources from the Human Resource Development (HRD) ministry said that the salary structure is likely to see an increase of over 16%-20% and faculty members would see an increase of between Rs 20,000 and Rs 40,000 per month, depending on their position and scale.
“The pay of directors of IITs/IIMs/IISc (Indian Institute of Science)/IISERs (Indian Institutes of Science Education and Research)/NITIE (National Institute of Industrial Engineering), whose pay scale in the Sixth CPC was Rs 80,000 (fixed), shall only be fixed at level 17 i.e. Rs 2,25,000 and pay in respect of all other directors who were in the existing pay scales of Rs 75,000 + Rs 5,000 (special allowance) shall be fixed at Rs 2,10,000 (fixed),” read a circular issued by the Ministry.
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Sources said the revised pay and rates of dearness allowance will be applied for from January 1, 2016. The last pay hike for teachers was implemented in 2006.
Besides, the Ministry has also asked institutes “to put in place a process for discontinuation of non-performers.