The initial basic salary will be fixed as approved by the Board at the time of selection. Subsequently, pay upgradation will be in accordance with MoE guidelines. Faculty members are required to apply for upgradation, along with duly recommended self assessment form by respective HoD, to the Office of Faculty Affairs.
Leave cannot be claimed as a matter of right. The leave sanctioning authority may refuse, or revoke leave of any kind. All leaves are to be sanctioned by the appropriate Institute authority as promulgated. The Calendar Year is from 01 January to 31 December and Academic Year (AY) is from third week of July to second week of July of the following year. Separate order will be issued for the period of vacation to apply for vacation leave.
LTC can be availed only after completion of one year of continuous service on the date of journey. Leave is to be applied in advance and approved leave application should be submitted to Office of Faculty Affairs. The Office of Faculty Affairs will issue an Office Memorandum (OM) for the same. At the time of availing LTC, 10 days of earned leave can be encashed, subject to the condition that such encashment will not exceed 60 days during your entire career and after such encashment at least 30 days of Earned Leave should remain in the leave account. For fresh appointees, LTC is available every year for the first 08 years of service out of which 04th & 08th LTCs are for anywhere in India and the remaining six LTCs for the Home Town.
An amount of INR 3 Lakh for a block period of 3 years is earmarked for the professional development of the faculty members. The amount can be spent on presenting papers at conferences/workshops/symposia/training programmes, registration fee, purchase of books, membership fee of professional bodies and contingency. The new block year has started from April 1, 2019. For faculty members joining the Institute in the middle of the block period, the amount of CPDA credit will be calculated on the pro-rata basis.
An amount of INR 2,250/- per child per class per month as reimbursement towards education allowance can be claimed, for a maximum of two eldest school going children from Classes I to XII. In addition, Hostel Subsidy upto INR 6,750/- per child per class per month can also be claimed, if the child stays in a hostel of a residential school/ institution located beyond a distance of 50 kms from the residence.
House Building Advance (HBA) is available to permanent employees of the Institute vide OM No. I-17011/11(4)/2016-H-III dated November 9, 2017. The applicable interest rate on HBA from April 1, 2023, to March 31, 2024 for a period of one year is 7.5%. The cost of the house to be built/ purchased (excluding the cost of the plot) should not exceed 139 times of Basic Pay subject to a maximum of INR 1 crore.
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