Indian Economic Service Salary

Indian Economic Service Salary
Indian Economic Service Salary

What’s the salary of Indian Economic Service Officer ? This is the question that lot of candidates interested to know about. The IES Officer gets the impressive salary, however there is not that much vacancy. The exam is conducted by UPSC and this year there is no vacancy of Indian Economic Service officer till now. Indian Economic Service officer Income is based on there post and posting area. The IES Officer also gets lots of benefits and perks that makes this post impressive for anyone. After 7th pay commission there is enormous hike in the Earning of Indian Economic Service Officer. In this post we will talk about IES Office salary, job profile, allowances etc in more detail.

What’s the salary of Indian Economic Service Officer?

There are lot of candidates who are curious to know about the salary of Indian Economic Service Officer. Indian Economic Service Officer is entitled to get handsome salary after 7th pay commission. The Indian Economic Service Officer salary is Rs. 15,600 – 39,100 plus Grade Pay of 5,400 for the post of Junior Time Scale (JTS)/ Assistant Director/ Research Officer and the officer at Higher Administrative Grade + (HAG +)/ Principal Adviser (Apex) earns Rs 80,000 at higher post. Below table will give you more detail about IES Officer salary according to there post –

Grade/ DesignationPay StructureStrength
Higher Administrative Grade + (HAG +)/ Principal Adviser (Apex)INR 80,000 (fixed)5
Higher Administrative Grade (HAG)/ Senior Economic Adviser/ Senior AdviserINR 67,000- (annual increment @3%) – 79,00015
Senior Administrative Grade (SAG)/ Economic Adviser/ AdviserINR 37,400-67,000 plus Grade Pay: 10,00089
Junior Administrative Grade (JAG)/ Joint Director/ Deputy Economic AdviserINR 15,600-39,100 plus Grade Pay: 7,600148
{including Non-Functional Selection Grade (NFSG)/ Director/ Additional Economic Adviser}INR 37,400 – 67,000 plus Grade Pay: 8,700}148
Senior Time Scale (STS)/ Deputy Director/ Assistant Economic Adviser/ Senior Research OfficerINR 15,600 – 39,100 plus Grade Pay: 6,600114
Junior Time Scale (JTS)/ Assistant Director/ Research OfficerINR 15,600 – 39,100 plus Grade Pay: 5,400107

Role and Responsibility of IES Officer

  • Role of the service will be generally categorised in terms of economic recommendation, economic administration, implementation of development policy and programme, besides coping with alternative areas like economic reforms, regulation, worth fixation, and observance and analysis. Within the globalizing atmosphere, decision-making is more and more target-hunting by economic rationality. As a result of the on-going reforms pursued by the govt., the role of IES & ISS officers has assumed a lot of significance. Except for the strictly economic sectors, IES officers are creating a vital contribution toward policy making in social sectors.
  • The officers are exposed to the majority the sectors of state functioning. These officers additionally give link and continuity in political, that is crucial even for change. It’s as a result of these factors that the officers are more and more taking part in a flexible role, of associate in-house economic expert with domain data and skill.
  • While the role of IES in addition as ISS officers delineate higher than, is broad in nature, the role and responsibilities of the officers, significantly Economic and data point Advisers, was sought-after to be enunciated by the Cadre dominant Authority through its communication dated 31.8.2005. As per its provisions, Economic Advisers are needed to be closely related to and concerned within the economic reforms within the Ministry/ Department to that they’re announce. They’d advise the involved Ministries/ Departments, endlessly, on all policy matters having a control on internal and external economic management, and facilitate reforms within the fields/ sectors involved.
  • The Economic Advisers would offer the Ministries/ Departments with inputs on all policy-related matters, and their economic implications. The officers might be needed to observe and assess the policy parameters from the economic angle arranged down within the business Responsibility and Budget Management Act 2003, and assist the Ministry of Finance in getting ready annual or the other periodical statement needed for yielding with the provisions of the aforesaid Act. The Ministries/ Departments might additionally consult the involved Economic consultant before mop up of their Annual arrange Budgets.
  • To ensure that policy pursued by individual Ministries/ Departments is in keeping with the general direction of the policy contained within the Union budget, Five-Year Plans, etc., the Economic consultants announce to completely different Ministries/ Departments would act with the Chief Economic Adviser within the Department of Economic Affairs, endlessly, and make sure that economic implications of policy changes are comprehensively analyzed, and facilitate individual Ministries/ Departments to spearhead reforms within the direction envisaged by the govt..

Allowances, Benefits and Perks of IES officer

The Indian Economic Service Officer has a decent salary and apart from that they also enjoys lots of benefits and perks that makes this job post attractive. Below we have mentioned some of the benefits and perks that Indian Economic Service Officer get. Have a look-

Particulars Benefits and Perks
Lunch AllowanceThe Indian Economic Service Officer enjoys the monthly lunch allowances.
House Rent AllowanceHRA is paid for the accommodation expenses and varies as per the city of residence of the employee. As per the place of posting, 9% or 8% or 7% HRA is paid.
Special AllowanceIt includes incentives or the performance-based bonus given to employees.
MediclaimIndian Economic Service Officer gets Medi-claim for there whole family.
Lease AllowanceThe lease accommodation option is available and can be availed up to some limit as per the posting location, in that case, employees will not be able to Naval HRA. 
Incentives Based on Performance and Other BenefitsOn the monthly performance basis, the Indian Economic Service Officer earns extra incentives and much more apart from there salary.
Brief Description

The Indian Economic Service Officer is a attractive job post offering you impressive Income, allowances, benefits and perks etc. Lakhs of candidates every year appear for IES Officer, but several get selected. The IES Officer gets the attractive earning with lot of allowances and benefits that makes it perfect for anyone. Here in this post we have discuss the detailed information about Indian Economic Service Officer salary, job profile, allowances, benefits and perks. If there is any question coming in your mind you can ask in our comment section mentioned below. Stay tuned with us for more detailed Info.

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