The Central Government, via the Ministry of Labour and Employment, has extended the public utility service status of Bank Note Paper Mill India Pvt. Ltd., Mysore, Karnataka, for another six months under the Industrial Disputes Act, 1947.
⚖️ Legal Reference
- Declared under Item 32 of the First Schedule to the Industrial Disputes Act, 1947 (14 of 1947).
- Extension exercised through powers under Clause (n), Sub-clause (vi), Section 2 of the Act.
🧾 Background
- The facility was first declared a Public Utility Service for six months starting 19th February 2025, via notification S.O. 865(E) dated 18th February 2025.
- The Central Government, citing public interest, has now extended the status for another six months starting 19th August 2025.
🔍 Why It Matters
The Bank Note Paper Mill India Pvt. Ltd. plays a critical role in the production of secure currency paper, essential for printing Indian currency. Declaring it a Public Utility Service means:
- Strikes in the unit are subject to stricter regulations under the Industrial Disputes Act.
- Workers must provide notice before going on strike, ensuring continuity of operations.
This move is aimed at maintaining smooth operations at such a strategically vital facility, especially given its role in the financial and currency supply chain.
🛡️ Implications for Employees and Employers
- Workers cannot go on strike without providing a six-week notice.
- Conciliation proceedings are mandatory before any industrial action.
- Disputes must be resolved with government mediation or through legal channels.
📌 Conclusion
By extending the public utility service status of Bank Note Paper Mill India Pvt. Ltd., the government aims to ensure uninterrupted currency production, a sector deemed vital to national interest.