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Core Purpose

The Central Government declares the services engaged in the Banking industry to be a public utility service for a period of six months with effect from December 15, 2025, under the Industrial Disputes Act, 1947.

Detailed Summary

The Central Government, through Notification S.O. 5794(E) dated December 15, 2025, issued by the Ministry of Labour and Employment, has declared the services in the Banking industry as a public utility service for a further period of six months, effective from December 15, 2025. This declaration is made 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), as the Central Government is satisfied that public interest requires this extension. The Banking industry is covered under item 2 of the First Schedule to the said Act. Previously, the industry was declared a public utility service for six months from June 15, 2025, via notification S.O. 2519(E) dated June 09, 2025, also issued by the Ministry of Labour and Employment.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-15122025-268518 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 5599] NEW DELHI, MONDAY, DECEMBER 15, 2025/AGRAHAYANA 24, 1947 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(ii)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 15th December, 2025 S.O. 5794(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), (hereinafter referred to as the said Act), to be a public utility service for the purposes of the said Act; And whereas the Central Government has 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, 2025, vide notification of the Government of India in the Ministry of Labour and Employment number S.O. 2519(E), dated the 09th June, 2025; 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, 2025. [F. No. S-11017/05/97-IR(PL)] AJOY SHARMA, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR Digitally signed by SARVESH KUMA

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