Allahabad High Court : Deceased Farmer’s Odd Jobs Don’t Bar Family from Scheme Benefits  ||  Secured Creditors' Dues Take Priority Over Govt Claims: Allahabad HC on SARFAESI & RDB Acts  ||  Daughter Can’t Claim Mitakshara Father’s Property if He Died Pre-1956 & Son Survives: HC  ||  Gujarat High Court: Sessions Court Can’t Suspend Sentence Just to Allow Revision Filing  ||  Delhi High Court: Non-Combat Security Roles Crucial; Minor Lapse Risks National Safety  ||  Punjab & Haryana HC: Allegation of Harassment Alone Insufficient to Prove Abetment to Suicide  ||  Orissa HC: Directors Liable under S.138 NI Act Despite Company’s Insolvency  ||  Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act  ||  Chhattisgarh HC: Timely Appointment of Electronic Evidence Examiners Vital in Cyber Crime Probes  ||  Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act    

Central Government declares the services engaged in the Banking industry to be a public utility service- (Ministry of Labour and Employment) (14 Dec 2023)

MANU/LABR/0096/2023

Labour and Industrial

Whereas the Central Government is satisfied that public interest so requires that the services engaged in the 'Banking', which is covered under item 2 of the First Schedule to the Industrial Disputes Act, 1947 (14 of 1947), to be a public utility service for the purposes of the said Act;

And whereas the Central Government had declared the said industry to be public utility service for the purposes of the said Act for a period of six months with effect from the 15th June, 2023 vide notification of the Government of India in the Ministry of Labour and Employment published in the gazette of India, part-II, section 3, sub-section (ii) vide number S.O. 2432 (E), dated the 5th June, 2023;

And whereas the Central Government is of the opinion that public interest requires the extension of the public utility service status to the said industry for a further period of six months;

Now, therefore, in exercise of the powers conferred by the proviso to sub-clause (vi) of clause (n) of section 2 of the Industrial Disputes Act, 1947 (14 of 1947), the Central Government hereby declares the services engaged in the Banking industry to be a public utility service for the purposes of the said Act for a period of six months with effect from the 15th December, 2023.

Tags : DECLARATION   BANKING INDUSTRY   PUBLIC UTILITY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved