MANU/LABR/0096/2023
Ministry : Ministry of Labour and Employment
Notification No. : SO5329(E)
Date of Notification : 14.12.2023
Date of Publication : 14.12.2023
Notification/ Circulars Referred : Number S.O. 2432 (E), dated the
5th June, 2023 MANU/LABR/0048/2023
Citing Reference:
Number S.O. 2432 (E), dated the
5th June, 2023 MANU/LABR/0048/2023 Referred
Central Government declares the services engaged in the Banking industry to be a public utility service
S.O.5329(E).--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.
[F. No. S-11017/5/ 97- IR(PL)]
DEEPIKA KACHHAL,
Jt. Secy.