New Delhi:
Banking services will continue to be part of the public
utility service under the Industrial Disputes Act for a
period of another six months. A notification for the purpose
has been issued aiming to check the frequent strikes resorted
to by the industry.
The
services of the banking industry was earlier declared as a public
utility service on 19 March 2001 and was subsequently extended for
another six months from 19 September 2001.
The move
means that bank employees will be required to give a notice to
their employers at least six weeks in advance before going
on strike, so that conciliatory proceedings can be started. Also,
bank employees cannot go on strike during the conciliatory
proceedings and seven days after its completion.
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