Date: 2015-04-09Category: Extra OrdinaryState: Union GovernmentCountry: India
The Central Govt. hereby declares the said Industry to be a Public Utility Service for the purpose of the aforesaid Act, for a period of six months with effect from 21st April, 2015.
This notification, S.O. 971(E), issued by the Ministry of Labour and Employment, declares the Banking Industry as a Public Utility Service under the Industrial Disputes Act, 1947. This declaration extends the previous designation, which was set to expire, for a further period of six months, effective from April 21, 2015. The Central Government deems this extension necessary in the public interest, as authorized by Section 2(n)(vi) of the Industrial Disputes Act, 1947. The notification is issued under the authority of the Joint Secretary, Manish Gupta. The original notification extending this designation was issued on October 21, 2014. The extension is related to item 2 of the First Schedule to the Industrial Disputes Act, 1947. The notification number is No. S11017597IR.
Key Entities Referenced
Ministry of Labour and Employment: The Indian government ministry responsible for labor policy and employment-related issues.
Industrial Disputes Act, 1947: An act of the Parliament of India to make provision for the investigation and settlement of industrial disputes.
Central Government: The executive authority of the Union of India.
Banking Industry: The sector of the economy that deals with financial services, specifically banking operations as defined in the First Schedule to the Industrial Disputes Act, 1947.
Public Utility Service: A service considered essential to the public interest and subject to special regulations under the Industrial Disputes Act, 1947.
New Delhi: The capital city of India where the notification was issued.
Manish Gupta: Joint Secretary in the Ministry of Labour and Employment, as indicated by 'Jt. Secy.'
April 21, 2015: The effective date from which the Banking Industry is declared a Public Utility Service for a further period of six months.
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[सं. एस-11017/5/97-आई.आर (पी.एल)]
मनीष गु4ा, संयु, सिचव
1619 GI/2015 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION
New Delhi, the 9th April, 2015
S.O. 971(E).—Whereas the Central Government having been satisfied that the public
interest so requires that in pursuance of the provisions of sub-clause (vi) of the clause (n) of
Section 2 of the Industrial Disputes Act, 1947 (14 of 1947), the services in Industry ‘Banking
Industry’ which is covered by item 2 of the First Schedule to the Industrial Disputes Act,1947 (14 of
1947 ) to be a Public Utility Service for the purpose of the said Act, as was notified for a period of
six months with effect from 21st October, 2014 vide this Ministry’s Notification dated 21.10.2014.
And whereas, the Central Government is of opinion that public interest requires the
extension of the said period by 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, the Central Government hereby declares
the said Industry to be a Public Utility Service for the purpose of the aforesaid Act, for a period of
six months with effect from 21st April, 2015.
[No. S-11017/5/97-IR (PL)]
MANISH GUPTA, Jt. Secy.
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.