The Pay Review Committee after detailed deliberations has made the following recommendations about various aspects of revision of pay and allowances, service and working conditions of teachers, Librarians, Directors of Physical Education and other Academic Staff in colleges and universities recognized by the University Grants Commission.

A. POSTS SPECIFIC TO UNIVERSITIES
	CATEGORY	EXISTING PAY SCALE	NEW PAY BAND	GRADE PAY
1	Assistant Professor	8000-  275-13500	15600 – 39100	6600
2	Assistant Professor  (Senior Scale)	10000 – 325 – 15200	15600 – 39100	7200
3	Assistant Professor (Selection Grade)/  Associate Professor	12000 -420 – 18300	15600 - 39100	8000
4	Professor	16400-450-20900-500-22400	37400 - 67000	11000
5	Senior Professor	New Post Proposed	37400 - 67000	12000
6	Pro-VC	18400—500-22400.	37400-67000  Plus 4 Adv increments	12000
7	Professor of Eminence	New Post Proposed	80000 (fixed)	Nil
8	Vice – Chancellor	25000 (Fixed)	80000 (Fixed)	Nil
9	Librarian/Director of PE	16400-450-20900-500-22400	37400-67000	11000
10	Deputy Librarian/Deputy Director of PE	12000-420-18300	15600-39100	8000
11	Asstt. Librarian (Sr. Scale)/ Asstt Director of PE (Sr. Scale)	10000-15200	15600-39100	7200
12	Asstt Librarian/ Asstt Director PE/Sports Officer/Physical Instructor	8000-275-13500	15600-39100	6600
B. POSTS SPECIFIC TO COLLEGES
1	Assistant Professor	8000- 275-13500	15600 – 39100	6600
2	Assistant Professor (Senior Scale)	10000 – 325 – 15200	15600 – 39100	7200
3	Assistant Professor (Selection Grade)/ Associate Professor	12000 -420 – 18300	15600 - 39100	8000
4	Senior Associate Professor	New Post Proposed	37400 – 67000	8700
5	Professor in PG Colleges	New Post Proposed	37400 - 67000	11000
6	a. Principal of UG College b. Principal of PG College	12000-18300  16400-450-20900-500-22400	37400-67000 Plus 2 Adv increments. 37400-67000 Plus 2 Adv increments	8700    11000
7	College Librarian / Director of PE/ Sports Officer/ PI	8000-13500	15600-39100	6600
8	College Librarian/ Director PE (Senior Scale)	10000-15200	15600-39100	7200
9	College Librarian(S.G)/ Director of Physical Education (SG)	12000-18300	15600-39100	8000
10	*Senior College Librarian (Selection Grade)Senior College DPE (Selection Grade)	New Post Proposed	37400-67000	8700
* The eligibility condition for promotion for this position may better be decided by the UGC in consultation with the special committee heading by a Senior Professor of Library / senior professor of Physical education

more information on UGC Pay Review Committee Recommendations for teachers, Librarians, Directors of Physical Education and other Academic Staff in colleges and universities recognized by the University Grants Commission.[click here]

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• Account Holders of

1. Axis Bank
2. State Bank of India
3. Punjab National Bank
4. Indian Overseas Bank
5. Canara Bank
6. Indian Bank
7. Bank of India
8. Corporation Bank
9. State Bank of Bikaner & Jaipur
10. State Bank of Travancore
11. State Bank of Indore
12. Vijaya Bank
13. HDFC Bank
14. Oriental Bank of Commerce
15. State Bank of Patiala
16. Bank of Baroda
17. IDBI Bank
18. State Bank of Mysore
19. Bank of Maharashtra
20. State Bank of Hyderabad
21. Union Bank of India
22. Allahabad Bank
23. Dena Bank
24. Syndicate Bank
25. ICICI Bank
26. United Bank of India
27. UCO Bank
28. Central Bank of India
29. Andhra Bank

Among the frontliners, TCS, Wipro, Satyam, Infosys, HDFC Bank and HCL Tech have gained 6-9.5%. However, BHEL, Grasim, DLF, ACC, M&M and Unitech tumbled over 5.5-8%.

BSE FMCG Index was up by 38.59 points or 2.08% to 1,897.58. United Spirits was up by 13%. ITC, Marico and Godrej Consumer went up 2-4%.

Pharma stocks like Dr Reddys Labs, Sun Pharma, Dishman Pharma, Lupin and Aventis Pharma were up by 4-9%. Healthcare Index jumped by 1.6% or 51.47 points, to settle at 3,260.49.

Metal Index rose by 85.65 points or 1.48% to 5,887.36. SAIL, JSW Steel and Guj NRE Coke gained 4-7%. Hindalco and Tata Steel were up by 1.75-1.95%.

Oil & Gas Index gained 42.94 points or 0.66%, to close at 6,522.50. Cairn India, Aban Offshore, HPCL, Reliance Industries, Essar Oil and ONGC were gainers.

However, Realty Index tumbled 94.28 points or 3.73% to 2,430.61. Parsvnath, DLF, Omaxe, Unitech, Ansal Properties and Phoenix Mills lost 5-8%.

Power Index fell 34.05 points or 1.99% to 1,678.22. CESC, Torrent Power, Tata Power, GMR Infra, Reliance Infra and Suzlon Energy were losers.

Capital Goods index was down by 70.86 points or 0.98% to 7,170.50. BHEL fell over 8%. Kirloskar Oil, Elecon Engg, Alstom Projects, Praj Industries, Crompton Greaves, Thermax, Bharat Electronics and BEML were other losers.

Auto stocks Auto Index lost 0.87%, to close at 3,072.52. Cummins, Exide Industries, M&M, Apollo Tyres and Bharat Forge fell 3-6%. MRF and Hero Honda were other losers.

The BSE Midcap index lost 38.49 points or 1.09%, to end at 3,506.35 and the Small Cap Index fell 55.04 points or 1.32% to 4,112.82.

Among the midcap stocks, United Breweries, Core Projects, Balrampur Chini, Balaji Telefilm and Piramal Health fell 11-20%.

In the small cap space, Dynamatic Tech, Subex, Marathon Nextgen and MSK Projects lost 14-16%.

Telecom stocks like Tata Communication, MTNL and Bharti Airtel gained 4.5-6.5%. However, Idea Cellular and Reliance Communication were losers.

Sugar stocks like Renuka Sugar fell 7.5%. Balrampur Chini lost 12.4% and Bajaj Hindustan fell 9.4%, as the UP government has hiked State Advised Price (SAP) by Rs 15 to Rs 140. The UP government continued to announce SAP as against SC rule casing.

Daiichi Sankyo has acquired a 52.5% stake in India’s largest pharmaceutical company Ranbaxy Labs, after the Ranbaxy board approved preference allotment of shares and warrants to Daiichi. Daiichi Sankyo has acquired 8.19 crore shares from Ranbaxy promoters. Ranbaxy now becomes a subsidiary of Daiichi Sankyo. The stock closed at Rs 261.70, up Rs 5.50, or 2.15%.

Market breadth was weak throughout the day; about 1100 shares have advanced while 1891 shares have declined. Nearly 197 shares remained unchanged.

Total traded turnover stood at Rs 65,024.86 crore. This includes Rs 10,065.52 crore from NSE Cash segment, Rs 51,272.30 crore from NSE F&O segment and Rs 3,687.04 crore from BSE Cash segment.

Positive Asian and European markets were supportive for our markets as well. Among the Asian markets, Hang Seng went up 5.28% and Nikkei surged 3.59%. Shanghai, Straits Times, Jakarta, Kospi and Taiwan rose 2-3%.

European markets were trading higher. FTSE was up by 2.13% followed by CAC and DAX, which rose 1.72% and 1.41%, respectively.

The Dow Jones Futures was up by 191 points and the Nasdaq up by 37 points, at 4:30 pm.

Market Snapshot

RBI cuts Repo Rate by 100 bps to 8% (First Repo Rate Cut Since August 2003)

Sensex up 247 points to end at 10223, Nifty up 48 points to end at 3122

Gains led by IT stocks and Banking stocks

CNX Midcap Index down 0.36%, BSE Small-cap Index down 1.32%

BSE IT up 8%, Wipro up 9.4%, Hcl Tech up 9%, Satyam up 8.6%, TCS up 8.2%, Infosys up 7.6%

BSE Bankex up 2.6%, Hdfc Bank up 5.2%, Icici Bank up 5.1%, Canara Bank up 5.1%, BOB up 2.7%

BSE Realty down 3.7%, Dlf down 6.5%, Unitech down 5.8%, Parsvnath down 8%

Index Gainers: Sail up 6.6%, HDFC up 5.6%, Cairn up 5.3%, Bharti up 4.5%

Index Losers: Bhel down 7.8%, Acc down 5.7%, Ambuja Cement down 5.6%, M&M down 5.3%

Mid Cap Gainers: United Spirits up 13.5%, Rolta up 9.9%, Pantaloon up 8.6%, Ivrcl Infra up 7.3%

Mid Cap Losers : Core Proj down 16.3%, Balaji Tele down 11.9%, Strides Arcolab down 12%

Sugar Losers : Renuka down 7.5%, Balrampur Chini down 12.4%, Bajaj Hind down 9.4% (UP Govt continues to announce SAP as against SC rule casing))

Adv - Dec Ratio at 1:1.75

Total market turnover at Rs 65024.86 crore versus Rs 72822.47 crore

Nse F&O Turnover at Rs 51272.30 crore versus Rs 55892.72 crore

F&O Snapshot

Fresh Long build up seen in Nifty Fut, ends at a premium of 38.2 points

IT Stocks sees fresh long build up

Fresh short build up in large cap real estate stocks

Metal stock sees long build up, but CoC still negative

Options Activity:

Nifty 3100 call adds 5.3 lakh shares

Nifty 3300 call adds 3.7 lakh shares

Nifty 3200 call adds 3.1 lakh shares

Fresh Long :

IT : Infosys , Wipro , Satyam ,

Metals : Tata Steel , Sterlite Ind , Sail

Misc : Indian Bank , Chambal Fert , Can Bank , Ivrcl

Fresh Short: DLF , Unitech , Renuka

The market has ended sharply higher. Strong upmove was seen on account of repo rate cut, positive European and Asian markets and huge surge in technology stocks. Buying was also seen in banking, FMCG, pharma, metal and few oil stocks. However, realty, power, few auto and capital goods stocks were under pressure. Selling was also seen in midcap and small cap stocks.

The Sensex closed with a gain of 247.74 points or 2.48% at 10,223.09, after hitting an intraday high of 10,538.05. The NSE Nifty Fifty Index surged by 48.45 points or 1.58%, to settle at 3122.80. It has hit a high of 3238.40.

Technology stocks took a big pie in today's gain of benchmark indices. IT Index went up 204.19 points or 8.05%, to close at 2,741.46. HCL Tech, Rolta, TCS, Wipro, Satyam, Infosys, Tech Mahindra and Mphasis were up 7-10%. The Indian rupee was trading at around 48.7-49 to a dollar.

RBI's move of 100 bps repo rate cut with immediate effect has also played a key role in today's trade. The current repo rate (the rate at which banks borrow from RBI) stood at 8% from earlier 9%. This was the first repo rate cut by RBI since August 2003. RBI had already cut cash reserve ratio (CRR) by 250 bps in the last two weeks. All these moves are to increase liquidity in the banking system.

source:moneycontrol

The Reserve Bank of India, or RBI has cut the repo rate by 100 bps to 8% with immediate effect. This is the first repo cut since 2003.

The Finance Minister, P Chidambaram said that the repo rate cut will help in moderating inflation. This is a positive move which will enthuse both borrowers and investors, the FM added. The RBI’s move is consistent with the government's aim of maintaining high growth, he added.

According to officials at the Indian Overseas Bank, there is need to see the impact of this move on cost of deposits before passing it on to the consumers. There is a clear signal from the RBI to boost the economy, they said. Meanwhile, Officials at Oriental Bank have said that the repo rate cut is aimed at bringing down loan rates.

Ambareesh Baliga of Karvy Stock Broking felt the move would not have an immediate impact on stock prices. “Whatever you do for the banking system will not be enough for the markets because the markets have their own problem and that is lack of confidence,” Baliga said. “Confidence will not come just because of a CRR cut or a repo rate cut,” he added.

source: moneycontrol

Efforts to resolve the “anomalies” in the new pay scales for armed forces gained momentum with External Affairs Minister Mr.Pranab Mukherjee on Tuesday discussing the matter with Finance Minister Mr.P. Chidambaram.

Mukherjee, who is heading a three-member ministerial committee looking into the issue, held discussions with Chidambaram after holding consultations with Prime Minister Mr.Manmohan Singh.

Mr.Mukherjee and Mr.Chidambaram were together for about an hour during which they are understood to have explored ways to address the issue to the satisfaction of the forces.

The Defence Services, led by their Chiefs, are up in arms over the 6th Pay Commission recommendations, alleging that it compromised their status and honour.

Emerging from the meeting at the External Affairs Minister’s South Block office, Mr.Chidambaram refused to comment on the deliberations, saying it was his first meeting with Mr.Mukherjee on the issue.

Mr.Mukherjee yesterday said he had discussed the matter with the Prime Minister and that he hoped the issue would be settled shortly.

The committee, which also includes Mr.Antony and Mr.Chidambaram, was set up by the Prime Minister on September 25 in the wake of deep resentment in the armed forces, who complained that there were “anomalies” in the Sixth Pay Commission recommendations and that it had lowered the status of their officers.

Source: The Hindu (14-10-08)

The model code of conduct for elections may affect education minister Mr.Arjun Singh’s plans to announce a raise for university and college teachers by Diwali.

Top officials in the ministry went into a huddle today to discuss the likely delay amid fears that it could hurt the UPA in the elections.

Sources said, on October 8, Mr.Singh had asked his department to finalise the pay hikes proposed for over five lakh college and university teachers in time for Diwali.

But any announcement of a raise now may be described as a measure against the model code of conduct which is in force, officials said.

The model code came into effect when elections to five states — Delhi, Mizoram, Rajasthan, Madhya Pradesh and Chhattisgarh — were announced. It will remain in force till December 4, the last day of polling.

Mr.Singh was hauled up by the Election Commission in 2006 for promising OBC quotas in central higher education institutions just ahead of state polls that year. He is unlikely to risk a repeat, sources said.

A University Grants Commission pay panel headed by G.K. Chadha had earlier this month recommended pay hikes ranging from 75 per cent to over 100 per cent for teachers. The recommendations have been accepted by the UGC and the ministry is finalising them, the sources said.

“But now, even if we finalise the salary hikes, we will in all probability be unable to implement the raise till December 4,” a senior official said.

These concerns were debated at a late afternoon meeting of ministry officials under higher education secretary Mr.R.P. Agrawal, the sources said.

The promised raise will be valid not just for central university teachers but also for state-run colleges or universities recognised by the UGC.

Source : The Telegraph (15-10-2008)

There have been some news items on television as well as in the newspapers that most of the pay arrears will go towards payment of income tax once the employees receive the arrears. However, the government recently, has clarified its stand on the taxation of the pay arrears for the current financial year.Income tax on Pay arrears Sixth Commission
Government representative said that they would tax only 40 per cent of salary arrears to be paid to central government employees in the current fiscal on implementation of Sixth Pay Commission recommendations.The Khabrein info. writes-

Usually, the income earned in a year is taxed in that particular year, hence whatever the employees receive in this financial year woul be taxed this year. A lot of media sources reported that the entire amount of arrears would attract tax this fiscal.

As per the notification issued by the government last month, central government employees will get 40 per cent of arrears during the current financial year and the remaining amount in the next financial year.

Government instructions issued on August 30, 2008, regarding fixation of pay and payment arrears consequent to implementation of the Sixth Central Pay Commission recommendations clearly states that in authorising the arrears income tax as due may also be deducted and credited to the government

Orders issued by Governement for revision of pay scale and allowances, Pension Benefits, LTC, and other financial benefits granted to Central Government Officers consequent upon implementation of Sixth Pay Commission report can be downloaded from here

New Pay and Bonus

Revised Pay Rules - Notification (html format) Revised Pay Rules - Notification (PDF format)



New Pay and Arrears - Resolution (html format) New Pay and Arrears - Resolution (pdf format)


New Pay- Office Memorandum

Railways Revised Pay Rule - Notification

Clarification

CSIR 6CPC Report

Revised PLB and Adhoc-bonus

Allowances

Revised DA,HRA,TA

Deputation Allowance

Travelling Allowance

Family Planning Allowance

Leave

Maternity Leave

LTC

Revised LTC

As the committee headed by External Affairs Minister Pranab Mukherjee is looking into the armed forces’ grievances over their new pay scales, the army on Wednesday said any decision by the government on the issue will be for the good of the country and the Services.

“The pay anomalies issues is currently with the Cabinet and I am sure it will take care of it. Whatever it decides, it will be for the good of the country and the armed forces,” Vice-Chief of the Army, Lieutenant-General M L Naidu, said on the sidelines of an Army Postal Service Awards ceremony ihn New Delhi.

“They (the committee members) are our national leaders and they will keep all issues in mind before taking a decision. It (pay issues) is not a matter of our expectations,” Naidu said, replying to a query on the course of action the armed forces would take if all their expectations are not met by the Mukherjee committee.

Prime Minister Manmohan Singh had late last month set up the Mukherjee committee with Defence Minister A K Antony and Finance Minister P Chidambaram as members to consider the four “core issues” raised by the armed forces on what they called a “discriminatory” 6th Central Pay Commission (CPC) report.

In fact, the issues had snowballed into a controversy over the armed forces’ reluctance to implement the Cabinet decision on the CPC taken last month.

Consequently, the 1.5 million armed forces personnel took home their old pay scales in October, while their 3.5 million civilian counterparts got their revised pay scales under the CPC.

To another query, Naidu said pointing out some discrepancies in the CPC was not “defiance”, but professional duty (of the armed forces).

The armed forces are demanding that the government place Lieutenant-Colonels and their equivalents in Pay Band-4, ensure parity in Grade Pay of officers from Captains to Brigadiers with their civilian counterparts, accord the Higher Administrative Grade Plus status in pay scales to Lieutenant Generals and restore 70 per cent pensionary benefits to jawans.

To another question over the misuse of army’s combat fatigues by paramilitary and police forces, Naidu said the army had already informed the Centre and the state governments about it.

“Now, the state governments have taken very strict action, because they have realized that by not insisting on this, it is causing some confusing. Now they have done it (enforce laws against misuse of army uniforms). And hopefully it will be sorted out,” Naidu said.

Asked about the uniforms and camouflages being freely available in the open market, the army vice-chief said as far as clothes, low-quality products are concerned, they were available (but not the Army’s).

“A solution is being worked out and the Home Ministry is doing what is necessary to curb such sales. By law, sale of military uniform in the open market is banned. It should not be available. If it is, there is a separate enforcement agency working on curbing the sale of military uniform. In J&K, they are very actively curbing the sale,” he added.

There is some latest updates which came regarding the sixth pay commission about the clarifications on the Increment and Promotions of Government Employees after Jan 1st,2006. This office memorandum was released on 13th Sept,2008 on the Govt OF India website. It basically deals with some issues where the employees needed a clarification like the date of next increment. Now there will be one uniform datej1st of every year.

As per it, all the employees who got their last increment between 02.01.2005 and 01.01.2006 would be getting their increment on 01.017.2006. There are some clarifications on the method of fixation of pay on promotion after January 1st 2006. Two more issues that it deals with are fixation of pay of the govt employees who were on deputation and who got promoted in the cadre subsequently while still on deputation.The last issue deals with a procedure of placing employees in the new upgraded pay scale in case of merger of scales which were recommended by the 6th pay commission.

A complete detailed report can be found out over here: You can read the complete analysis of 6th pay commission, pay calculator and much more.

The University Grants Commission appoints a Committee to Review the Scales of Pay of the Teachers in the Universities and Colleges. The Commission in consultation with the Ministry of Human Resource Development has finalized the terms of reference of the Committee,ugc, ugc pay commission report, ugc pay commission, chadha committee report, ugc net

AIFUCTO would urge Prof. Chadha Committee to bear in mind the following broad principles while formulating its proposals for the 6th UGC pay scales for university and college teachers:

As per chadha committee report NEW UGC PACKAGE

QUALIFICATIONS

The minimum qualification required for the appointment of lecturers should remain as good academic record with 55% marks at the PG level or “B Grade” in the seven point scale where grading system is followed. The candidates should also have cleared the NET conducted by the UGC/CSIR or similar tests accredited by the UGC.

Read complete proposal UGC pay commission report
so that you can make review and make proper feedback.

UGC Pay Review Committee
Public Opinion is Invited on issues relating to UGC Pay Review Committee

Interested persons/stakeholders are invited to give their views/comments on UGC Pay Review Committee in a concise manner by fax / e-mail / correspondence to

Dr.K.C.Pathak
Joint Secretary,Pay Review Committee
University Grants Commission,
send online

Report of the UGC Committee to Review the 6th Pay Scales and Service Conditions of University and College Teachers, 2008

• Status of Various XI Plan Visiting Committees to Universities

• XI Plan Visiting Committee to Universities-Sensitization about Preventation of Ragging.

• Nomination of UGC officers for various XI Plan Visiting Committees

• UGC XI Plan Expert Visiting Committees to Universities to assess their Eleventh Plan requirement & Tenth Plan Review Performance.

Public Opinion is Invited on issues relating to UGC Pay Review Committee

Interested persons/stakeholders are invited to give their views/comments on UGC Pay Review Committee in a concise manner by fax / e-mail / correspondence to

Dr.K.C.Pathak
Joint Secretary,Pay Review Committee
University Grants Commission,
35-Ferozeshah Road
New Delhi-110001
Fax:011-23386128
Tel:011-23386128
E-mail:kcpathak@ugc.ac.in

However,the address for the correspondence of the Chairman,Pay Review Committee,Prof G.K.Chadha , may be read as follows:

Prof G.K.Chadha
Member
Economic Advisory Council to the Prime Minister & Chairman,Pay Review Committee
Room No.111 UGC Building
Bahadur Shah Zafar Marg
New Delhi-110002

Career Advancement Scheme(CAS) for Assistant Librarian/College Librarians/Assistant Director of Physical Education/College Director of Physical Education

The UGC, however, was formally established only in November 1956 as a statutory body of the Government of India through an Act of Parliament for the coordination, determination and maintenance of standards of university education in India. In order to ensure effective region-wise coverage throughout the country, the UGC has decentralised its operations by setting up six regional centres at Pune, Hyderabad, Kolkata, Bhopal, Guwahati and Bangalore. The head office of the UGC is located at Bahadur Shah Zafar Marg in New Delhi, with two additional bureaus operating from 35, Feroze Shah Road and the South Campus of University of Delhi as well.
Model Guidelines for Re-employment of superannuated Teachers.[click here]

»	Family Planning Allowance
»	Caretaking Allowance
»	Travelling Allowance Rules click here to read more on 6th pay updates on allownaces