DA For SAIL employees New year 2022 has come like a gift for more than 50 thousand employees of Steel Authority of India Limited. The management increased the dearness allowance. This allowance will be applicable from the date of January 1.
DA For SAIL employees The dearness allowance of officers and employees working in Steel Authority of India Limited (SAIL) has been increased by 2.2 percent this quarter. The new rate will be effective from January 1, 2022. In this regard, the Labor Bureau of the Government of India has issued an order late on Friday night.
More than 58 thousand plant workers working in different units of the company including Bokaro Steel Plant of SAIL will benefit from the scheme. SAIL has units in many states of the country including Bokaro. Major units include Burnpur Steel, Durgapur Steel, Bhilai Steel, Rourkela Steel, Salem Steel News. Apart from these, SAIL also has coal mines at Chasnala in Dhanbad.
DA is reviewed every three months
SAIL management fixes the benefit of dearness allowance in the company to the plant workers every three months depending on the market situation. The DA of SAIL employees has been increased due to increase in the price of other daily items including food items in this quarter from October to December. After the increased DA, the dearness allowance of executive and non-executive cadre has now increased from 27.2 to 29.4 percent. They will get this information from the salary slip for the month of January. After the increase of DA of SAIL employees, the amount will be increased according to different grades in their monthly pay scale.
Equal dearness allowance of employee and officer in SAIL
In the Maharatna Company Cell, the dearness allowance of employees and officers has now come to one level. This is because the pay revision of employees in SAIL has been done for five years, whereas for the officer cadre, there has been a provision of ten years under the earlier rules. But this time in the wage agreement of the employees on 22 October 2021, the trade unions have signed the pay revision agreement of the employees for ten years on the lines of the officers. After which the dearness allowance of both the cadres has now become the same.
