{"id":256064,"date":"2021-10-26T10:41:19","date_gmt":"2021-10-26T05:11:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=256064"},"modified":"2021-10-26T10:41:19","modified_gmt":"2021-10-26T05:11:19","slug":"ministry-of-labour-and-employment-declares-services-engaged-in-banking-industry-to-be-a-public-utility-service","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/26\/ministry-of-labour-and-employment-declares-services-engaged-in-banking-industry-to-be-a-public-utility-service\/","title":{"rendered":"Ministry of Labour and Employment declares services engaged in Banking industry to be a public utility service"},"content":{"rendered":"<p style=\"text-align: justify;\">On October 14, 2021, the Ministry of Labour and Employment (MoLE) has declared the services engaged in the Banking industry, which is covered under Industrial Disputes Act, 1947, to be a public utility service for a period of six months with effect from October 21, 2021.<\/p>\n<p style=\"text-align: justify;\">MoLE has lastly declared the said industry to be a public utility service for a period of six months from April 21, 2021, vide Notification No. S.O. 1722 (E), dated April 16, 2021.<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>On October 14, 2021, the Ministry of Labour and Employment (MoLE) has declared the services engaged in the Banking industry, which is <\/p>\n","protected":false},"author":8808,"featured_media":256067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-256064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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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\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":213735,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/04\/19\/central-government-services-engaged-in-banking-industry-with-the-status-of-public-utility-service-be-extended-with-the-same-for-a-period-of-6-months\/","url_meta":{"origin":256064,"position":1},"title":"Central Government : &#8220;Services&#8221; engaged in &#8220;Banking Industry&#8221; with the status of &#8220;Public Utility Service&#8221; be extended with the same for a period of 6 months","author":"Bhumika Indulia","date":"April 19, 2019","format":false,"excerpt":"S.O. 1614(E) \u2014 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\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169184,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/11\/16\/services-manufacturing-alumina-aluminium-mining-bauxite-declared-public-utility-service-6-months\/","url_meta":{"origin":256064,"position":2},"title":"Services in \u2018Manufacturing of Alumina and Aluminium\u2019 &#038; \u2018Mining of Bauxite\u2019 declared as Public Utility Service for 6 more months","author":"Saba","date":"November 16, 2017","format":false,"excerpt":"The Services in industry \u2018Manufacturing of Alumina and Aluminium\u2019 and \u2018Mining of Bauxite\u2019 which is covered by item 30 and 31 of the First Schedule to the Industrial Disputes Act, 1947 (14 of 1947) have been declared to be a Public Utility Service for a further period of six months\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, 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under item 19 of the First Schedule to the Industrial Disputes Act, 1947, vide notification dated December 8, 2021. \u00a0 The Ministry had earlier granted an extension\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/labour-and-employemnt.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/labour-and-employemnt.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/labour-and-employemnt.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/labour-and-employemnt.jpg?resize=700%2C400&ssl=1 2x, 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engaged in the Banking industry to be a public utility service","author":"Bhumika Indulia","date":"April 27, 2022","format":false,"excerpt":"On April 26, 2022, the Central Government has notified that 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 date of the publication of this notification.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-103-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-103-1.jpg?resize=350%2C200&ssl=1 1x, 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