Indian Economics Service Salary 2026 - In Hand, Pay Scale & Career Growth
The UPSC conducts the Indian Economics Service exam to recruit candidates for the post of Economist in government organisations. The IES is one of the most popular but toughest exams as the vacancies are less. Candidates who qualify the IES exam are given a handsome Indian Economics Service 2026 Salary in return of their services. As it is one of the most well paid jobs it attracts a lot of applicants. Candidates who qualify IES 2026 are given a salary of Rs. 59, 750 (Total Gross salary will be 21,000 + 26,250 + 7,200 + 6,300 = Rs. 59,750/-). Check all details to know more about the job profile, Indian Economics Service 2026 salary, allowances, promotion and perks, check the complete article below.
This Story also Contains
- Indian Economic Service Salary 2026 - Components
- How to Calculate Indian Economic Service Salary 2026?
- Indian Economic Service Salary 2026 - In-hand
- Indian Economic Service Salary 2026 - Post-wise salary
- Indian Economics Service Salary 2026- Roles and Responsibilities
The Indian Economics Service Salary 2026 is based on candidates post and area of posting. The shortlisted candidates get handsome salaries as per the 7th pay commission standards. Along with the Indian Economics Service 2026 Salary applicants will also receive HRA or Government Accommodation, TA, Maternity benefits, GPF, Insurance etc.
Indian Economic Service Salary 2026 - Components
Basic Pay of Indian Economic Service Officer
House Rent Allowance (HRA)
Dearness Allowance (DA)
Transport Allowance (TA)
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Subscribe NowHow to Calculate Indian Economic Service Salary 2026?
The pay scale of the Indian Economic Service Officer is Rs. 15,600 – 39,100.
Grade Pay | Rs. 5400 |
Basic salary | 15,600 + 5,400 = 21,000 |
Daily Allowance (DA) | 125% DA = Rs.26,250 |
Travelling Allowance (TA) | Rs.3000 + 3000 × 125 % of DA rate = Rs.7,200 |
There will be 30% of HRA in metro cities | 6300 |
Total Gross salary | 21,000 + 26,250 + 7,200 + 6,300 = Rs. 59,750/- p.m |
Indian Economic Service Salary 2026 - In-hand
NPS will be 10% of basic pay | 21,000 x10% = 2,100 |
Other deductions | 1550 |
Total deductions | 2,100 + 1,550 = 3,650 |
In hand salary of Indian Economic Services will be Gross Salary - Deductions | 59,750 - 3,650 = 56,100 |
Indian Economic Service Salary 2026 - Post-wise salary
Grade/ Designation | Pay Structure |
Junior Time Scale (JTS)/ Assistant Director/ Research Officer | INR 15,600 - 39,100 plus Grade Pay: 5,400 |
Senior Time Scale (STS)/ Deputy Director/ Assistant Economic Adviser/ Senior Research Officer | INR 15,600 - 39,100 plus Grade Pay: 6,600 |
{including Non-Functional Selection Grade (NFSG)/ Director/ Additional Economic Adviser} | INR 37,400 - 67,000 plus Grade Pay: 8,700} |
Junior Administrative Grade (JAG)/ Joint Director/ Deputy Economic Adviser | INR 15,600-39,100 plus Grade Pay: 7,600 |
Senior Administrative Grade (SAG)/ Economic Adviser/ Adviser | INR 37,400-67,000 plus Grade Pay: 10,000 |
Higher Administrative Grade (HAG)/ Senior Economic Adviser/ Senior Adviser | INR 67,000- (annual increment @3%) - 79,000 |
Higher Administrative Grade + (HAG +)/ Principal Adviser (Apex) | INR 80,000 (fixed) |
Other UPSC IES ISS important links
Indian Economics Service Salary 2026- Roles and Responsibilities
The role can be distributed in terms of economic administration, economic advice, implementation of development policy and programmes, dealing in areas such as economic reforms, regulation, price fixation, and monitoring and evaluation.
Making a contribution toward policymaking in social sectors.
It is a versatile role, of an in-house economist with domain knowledge and experience.
The role of IES/ISS is getting closely associated with and getting involved in economic reforms in the respective Ministry/ Department they are posted.
Advising the concerned Ministries/ Departments on policy matters, internal and external economic management, and facilitating reforms concerning fields.
Monitor and evaluate policy parameters from economic angle
Helping in creation of the Annual Plan Budgets, Union budget, Five-Year Plans, etc.,
Other exams conducted by UPSC
Other government posts salaries candidates might be interested in
Frequently Asked Questions (FAQs)
Q: What is the basic pay of IES/ISS?
A:
The basic pay is Rs. 21000.
Q: What is the in-hand salary of IES/ISS?
A:
The in-hand salary as per the 7th pay commission is Rs. 56,100.
Q: What is the work of an IES/ISS?
A:
The work of an IES/ISS varies from working on economic matters, statistics and formulation/monitoring/evaluation of different schemes in these Ministries/Departments.
Q: What is the difference between IAS and IES?
A:
IAS stands for Indian Administrative Service while IES stands for Indian Economic Services. The job and the responsibilities are both different
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To apply for the Indian economic service the candidates must have obtained a Post Graduate Degree in Economics/Applied Economics/Business Economics/Econometrics from a recognized university or a foreign university approved by the Central Government of India from time to time.
Hope it helps...
To apply for the Indian economic service the candidates must have obtained a Post Graduate Degree in Economics/Applied Economics/Business Economics/Econometrics from a recognized university or a foreign university approved by the Central Government of India from time to time.
Hope it helps...
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Hi aspirant
Yes, they create a good environment to prepare any kind of exams.
The college has vast books in the library and students can refer anything of their choice.
You will have peace of mind and focus towards the work in the library for a good preparation of UPSC
IES is considered as one of the toughest examinations in India. It is due to the difficulty related to the examination and also the selection procedure. Thereare less number of posts and more number of aspirants for IES every year. Although IES is difficult, it can be achieved by proper
• Age Limit: The candidate must be 21 Years to 30 Years as on 01.04.2020 i.e. candidates must have been born between 02.04.1990 and 01.04.1999 (both dates inclusive)
• Educational Qualification: The candidate must be a graduate in any discipline from a recognized University or any equivalent qualification recognized as
Applications for Admissions are open.
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