Banking, Security Press Hyderabad continue to be public utility

New Delhi, Oct 17 (UNI) Banking industry will continue to be a public utility service for another six months with effect from today.

The industry was declared a public utility service under the Industrial Disputes Act, 1947, for six months with effect from April, 2007, an official release said.

According to a notification issued by the Labour and Employment Ministry, this has been done in the public interest.

Meanwhile, the ministry also issued a separate notification saying the Security Printing Press, Hyderabad, will continue to be a public utility service for another six months with effect from today.

The employees in both the industries, as a result, would among other things be required to give notice to their employers six weeks in advance of proceeding on strike so that conciliatory proceedings could be started.

During the conciliatory proceedings and seven days after their completion, the employees could not go on strike, the release added.

UNI