FINANCIAL LIABILITY ON EXCHEQUER

Though the cabinet memorandum does not speak about the financial liability arising due to the scheme, the decision means grant of monthly honorarium of ₹30,000 to a principal, ₹25,000 to lecturers, ₹11,000 to Class-3 non-teaching staff and ₹6,000 to Class-4 nonteaching staff. The policy will come into effect from April 1, 2017.