On October 16, 2017, Ministry of Labour and Employment extends timeline of the services in Banking Industry to be considered as a Public utility services for the purpose of the Act. The Banking services are covered under item 2 of the First Schedule of the Industrial Disputes Act, 1947.
The ministry states that the extension has been provided for 6 months with effect from October 21, 2017.
Thereafter, the ministry also declares that service in the Coal industry covered by item 4 of the First Schedule to the Industrial Disputes Act to be considered as public utility services for the period of 6 months.
The declaration has been made under the powers conferred under Sec. 2 (n) (vi) of the Industrial Disputes Act, 1947