"We must attract talent into academics", Union Human Resource Development Minister Prakash Javadekar said.
Assistant and Associate Professors of as many as 329 state universities along with 12,912 colleges will get the benefits along with the teachers of government-aided colleges.
The new pay scale will be effective from 1st January 2016.
The minister said teachers of all centrally-funded deemed universities and 43 central universities will get the benefit of the 7th Pay Commission.
The Union Cabinet today cleared revised pay scales for almost eight lakh teachers and academic staff of higher educational institutions following the implementation of the Seventh Pay Commission.
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The revision would register an entry pay growth in the range of 22 per cent to 28 per cent. In money terms, teachers can expect their salary to go up by anything between Rs. 10,000 to Rs. 50,000, NDTV reported.
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 Vice Chancellors of universities across the country will now get Rs 2,25,000.
However, past year the recommendations of the 7th Pay Commission and the pay hike get allowance by the Union Cabinet for raising the minimum pay from Rs 7,000 to Rs 18,000 per month. As per the reports, the government is seeking to raise minimum pay of the central government employees beyond the recommendation of the 7th pay commission of 7th CPC. Javadekar had at that time said that over 46,000 KVS employees would be benefited.
According to a statement by the central government, for the state-funded institutions, the revised pay scales will require adoption by the respective state governments.