AICTE gives equal status to self financing teachers similar to those in government colleges

http://dst.bih.nic.in/Circulars/AICTE_NOTIFICATION.pdf

In the document cited above, the AICTE give equal treatment to faculty members of self financing institutions: READ

2.4 Self- financing Institutions:

The pay- Scales, qualifications and other associated terms as given in this notification shall be applicable to all self- financing (private un-aided) institutions.

15.4 (ii) Self- Financing Institutions
Self-Financing Institutions shall provide Dearness Allowance and other Allowances, Medical Facilities/ Group Health Insurance, Leave Encashment Facilities, Pension and other Retirement benefits (GPF-cum- Gratuity Scheme or CPF- cum –Gratuity Scheme) and group
Insurance at rates not lower than those available to teachers (or corresponding employees) in the respective State Government Service.