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Core Purpose

Order under the Industrial Disputes Act, 1947 extending the declaration of the Banking industry as a public utility service for a further period of six months from 15th June, 2024.

Detailed Summary

S.O. 2250(E), dated 12th June 2024, issued by the Ministry of Labour and Employment under the proviso to sub-clause (vi) of clause (n) of section 2 of the Industrial Disputes Act, 1947 (14 of 1947), extends the declaration of the 'Banking' industry (covered under item 2 of the First Schedule to the Act) as a public utility service for a further period of six months with effect from 15th June 2024; the industry had previously been declared a public utility service for six months effective 15th December 2023 vide notification S.O. 5329(E) dated 14th December 2023; the order, titled the Public Utility Services (Eighth Order) 2024, comes into force on 15th June 2024 and is signed by Deepika Kachhal, Joint Secretary, under F. No. S-11017/5/97-IR(PL).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-12062024-254667 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 2148] NEW DELHI, WEDNESDAY, JUNE 12, 2024/JYAISHTHA 22, 1946 MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 12th June, 2024 S.O. 2250(E).—Whereas the Central Government is satisfied that public interest so requires that the services engaged in the 'Banking' industry, 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 December, 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. 5329 (E), dated the14th December, 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 issues the following order as follows: - 1. Short title and Commencement. - (1) This order may be called the Public Utility Services (Eighth Order) 2024. (2) It shall come into force on the 15th day of June, 2024. 2. 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 further period of six months with effect from 15th June, 2024. [F. No. S-11017/5/97- IR(PL)] DEEPIKA KACHHAL, Jt. Secy.

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