×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Fat pay hike for engg teachers

Last Updated 18 January 2011, 19:17 IST

The State Cabinet on Tuesday decided to implement the All India Council for Technical Education (AICTE) revised pay scales for teaching staff of all government, aided and university constituent engineering colleges in the State.

Announcing to the media a Cabinet decision in this regard, Higher Education Minister V S Acharya said the revised pay scale will come into effect from January 1, 2006. In terms of arears, the measure would mean a payout Rs 120 crore.

The Centre will bear 80 per cent of the arrears towards the revised pay between January 1, 2006 and March 31, 2010. The state government’s share would be Rs 30 crore.

The State Government will take the burden of the revised pay with effect from April 2010, he added.

The annual burden on the State Government due to the enhanced pay scales is Rs 79.32 crore. As many as 19 engineering colleges will benefit from the decision in the State. The retirement age of the staff would be increased from 60 to 62 years.

Following the revision of scales, the pay slabs for assistant professors (lecturers) would increase from the existing pay band of Rs 8,000-13,500 to Rs 15,600-39,100.

For Associate Professors, the pay band would increase from Rs 12,000-18,300 to Rs 37,400-Rs 67,000. For professors and principals, the pay band would increase from Rs 16,400-22,400 to Rs 37,400-67,000.

*Withdrawal of VAT & sales tax exemptions offered to SEZs

*Exemptions will apply to only export-oriented SEZs

*BMTC and KSRTC to be allowed to raise Rs 100 crore loan each to buy new buses

*Bridge to be constructed across river Suvarna near Bellampalli, Udupi district

*Bicycles to be distributed to Class 8 students in 20 days

*Grant-in-aid to be disbursed to seven BEd colleges established during 1982-96.

*Global Agri Business Investment meet to be staged in May-June 2011

ADVERTISEMENT
(Published 18 January 2011, 19:16 IST)

Follow us on

ADVERTISEMENT
ADVERTISEMENT