Professional Development Allowance
Professional Development Allowance
Professional Development Allowance
Sl. No. | Head | Details |
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1. | Block year | FY April 2023 - March 2026 and subsequent 3-year blocks. This policy is to be implemented for all entitlements due to the faculty with effect from block-year April 2023-26. [Any amounts carried forward to FY 2023 as per old policy will need to be expensed / claimed as per terms of the previous policy]. This new policy will apply for all entitlements with effect from April 2023 |
2. | Eligibility | Faculty members at the level of Assistant Professor and above from the Date of joining up to the period of employment. |
3. | PDA grant | Rs.3,00,000/- (Rupees Three lakhs) for the entire three-year block period (unutilized PDA of one block would be carried forward to the next block). |
4. | Purpose |
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5. | Approving Authority & Conditions |
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6. | Operational guidelines for processing PDA of 3 lacs for 3 yr block |
New Recruits:PDA entitlement for the first year will be prorated, depending on the year within the block that he/she joins. Any faculty member will be entitled for PDA of 3 lacs on joining during the 1st year of the 3-year block, Rs. 2 lacs if he/she joins in the 2nd year of the 3-year block and 1 lac if he/she joins in the last year of the block. Carry forward into the next block.Any unused entitlement in one block can be carried forward to the next block of 3 years, subject to a maximum entitlement amount of Rs. 6 lacs inclusive of the carried forward amount. Recovery of PDA paid at the time of exit.A recovery of 2/3rd amount of the current block, if faculty exits in the 1st year of the new block. 1/3rd amount of the current block if the exit is in the 2nd year of the block and no recovery to be effected if the exit is in the last year of the block. |