Revised pay for IIT, IIM faculty may go to Cabinet this week
Press Trust of India / New Delhi Jun 24, 2009, 15:24 IST
Teachers in IITs and IIMs may expect fat pay packages, better than their counterparts in universities and colleges, as the government is likely to take the issue of their revised salary to the Cabinet this week.
The Pay Review committee, headed by Prof Goverdhan Mehta, set up for faculty members of central technical institutes like IITs and IIMs had submitted its report to the HRD Ministry in February this year.
The government then set up another committee to study the recommendations and make final suggestions on salaries and perks for the teachers of 53 Central Technical Educational Institutions, including IITs and IIMs.
The committee had suggested a better package for these teachers as against the faculty members of universities and colleges.
"A cabinet note has been prepared and the matter may be moved to the cabinet this week," a top ministry official told PTI here.
The Goverdhan Mehta committee will also submit another report on salary package for faculty of AICTE-affiliated institutes.
The committee, which was supposed to submit the report by May end, has been given extension till June 30.
PB4 at entry level is the need of hour... anything less than that will make it almost impossible to woo good candidates working as post-doc in good universities abroad.
It has been high time since we have been hearing about the pay hike. It is time that the same may be implemented with topmost priority. IIT faculty have for long contributed to building up of excellent human resource. Their contribution in terms of research and consultancy is immense and the country should take strides in ensuring the continuity and spontaneity of the academic intellectual community by providing good, attractive and rewarding pay packages abd other allied benefits. an early decision will be the most apt step at the moment.