Notification under the Industrial Disputes Act, 1947
S.O. 5794(E). Banking declared a public utility service for six months (Industrial Disputes Act, 1947)
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Official text
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.