DA Hike: If you are a central government employee, this news could be very significant for you. Over 50,000 employees have received great news regarding a hike in their Dearness Allowance (DA). SAIL (Steel Authority of India Limited), a public sector ‘Maharatna’ company under the Ministry of Steel, has decided to increase the DA for its officers and employees by approximately 3 per cent. Officers and staff working at SAIL will benefit from this move; the DA for SAIL employees will rise from the current 55.7 per cent to 58.6 per cent.

How many employees will benefit from the DA hike?

SAIL, one of the country’s largest Public Sector Undertakings (PSUs), has announced a 2.9 per cent increase in Dearness Allowance. This decision will benefit 54,000 employees working across the company’s units, including the Bokaro Steel Plant. SAIL is one of the country’s top and largest steel-producing companies and holds the prestigious ‘Maharatna’ status. The government holds a direct 65 per cent stake in the company.

Know when the DA hike comes into effect

The DA hike will come into effect on October 1. SAIL employees will see a 2.9 per cent increase in their DA, raising it from 55.7 per cent to 58.6 per cent. This will result in a salary increase for officers and employees at the Bokaro Steel Plant and other units.
The Dearness Allowance for SAIL workers is revised based on market conditions assessed by the Labour Bureau. Previously, a 1.6 per cent hike was implemented in the last quarter. The decision to increase the DA during the current financial year follows a rise in the prices of food items and other daily essentials.

Details to appear in salary slips

Employees and officers at SAIL will receive details of the DA hike, and the updated figures will appear on their salary slips. Following the decision to once again align the salaries of officers and employees at SAIL—a move made after a decade—their Dearness Allowance (DA) has been adjusted. The salary change will take effect from the New Year, specifically January 1, 2027. It is reported that as the DA for SAIL employees increases, their salaries will rise further.