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3.5. Associate Professor completing three years of service in
the AGP of Rs. 9,000/- and possessing a Ph.D Degree in the
relevant discipline shall be eligible to be appointed and
designated as Professor, subject to satisfying the required
credit points as per API based on PBAS methodology
provided in Appendix-IV, Table I-III stipulated in these
Regulations and assessment by a duly constituted selection
committee as suggested for the direct recruitment of
Professor. No teacher other than those with Ph.D. shall be
promoted or appointed as Professor. The Pay Band IV for
the post of Professors shall be Rs.37,400 - Rs.67,000 with
AGP of Rs.10,000."