Union Cabinet has approved the benefits of 7th Pay Commission to the faculty members of Central and state Universities, technical Institutions and aided colleges. <br/><br/>It will be applicable from 1st of January, 2016. The annual Central financial liability on account of this measure would be about 9,800 crore rupees. <br/><br/>Over 7.5 lakh teachers will be benefited from this decision. Briefing reporters in New Delhi after the meeting, Human Resource Development Minister Prakash Javadekar said the salaries of teachers will increase from 10 to 50 thousand rupees under the new pay scale. <br/><br/>He said decision will also benefit the teachers of IITs, IIMs, IIITs and other Centrally funded institutes. The Minister said the move will provide justice to the faculty members and attract new talents. Mr Javadekar also said, the vacant posts of the teachers in Central Universities will be filled up within a year.

Union Cabinet has approved the benefits of 7th Pay Commission to the faculty members of Central and state Universities, technical Institutions and aided colleges. Over 7.5 lakh teachers will be benefited from this decision. <br/><br/>Briefing reporters in New Delhi after the meeting, Human Resource Development Minister Prakash Javadekar said the salaries of teachers will increase from 10 to 50 thousand rupees under the new pay scale. <br/><br/>He said decision will also benefit the teachers of IITs, IIMs, IIITs and other Centrally funded institutes.