After increasing the DA of officers and employees by 0.5 percent in Bokaro News Maharatna Company Cell, the new rate will be implemented from April 1, 2022. After this, the dearness allowance of SAIL employees will increase from 29.4 percent to 29.9 percent. About 60 thousand officers and employees will be benefited by this.
SAIL NEWS It is a matter of happiness for the employees of all the units including Bokaro of Steel Authority of India Limited (SAIL). One, inflation is going on and there is Holi in front on March 18. SAIL employees can rejoice in this Holi season. Because despite the slowdown in the global market due to the war between Russia and Ukraine, SAIL has decided to increase the DA (Dearness Allowance) of its employees. This is a big deal. SAIL employees will get increased salary in the coming months due to increase in DA.
0.5 percent increase
The Dearness Allowance of the officers and employees working in Steel Authority of India Limited (SAIL) for the current quarter January to March 2022 will be increased by only 0.5 percent, while their DA was increased by 2.2 percent in the last quarter October to December 2021. The main reason for this is believed to be the Great War that broke out between Russia and Ukraine. SAIL, which is facing the brunt of the economic financial situation during the Corona period, is not in a position to do commercial business in the European country.
As a result, the consumption of the goods supplied by the company is decreasing in the international market. This is going to affect the dearness allowance of plant workers. Although the rise in steel prices in the national market and the increasing demand for SAIL’s finished goods in the open market has balanced the company’s economic situation, until the end of World War I in the European country,
The new rate of DA will be effective from April 1
After increasing the DA of officers and employees by 0.5 percent in Maharatna Company Cell, the new rate will be implemented from April 1, 2022. After this, the dearness allowance of SAIL employees will increase from 29.4 percent to 29.9 percent. About 60 thousand officers and employees will be benefited by this.
It is worth noting that after revision of salaries of officers and employees in SAIL for ten years from January 1, 2017, their DA has also been merged. That is, the dearness allowance of officers and employees will be the same for the next 10 years. Before pay revision, different amounts were increased in the DA of officers and workers.
