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Extension as Public Utility Service

Banking industry:

Services engaged in the Banking industry was earlier declared to be a Public Utility Service for purposes of the Industrial Disputes Act, 1947 Act (“ID Act”), for a period of six months from 21st October 2020 vide notification number S.O. 3548(E) issued by the Ministry of Labour and Employment.

However, on 16th April 2021 the Government of India extended the said period vide notification number S.O. 1722(E) issued by the Ministry of Labour and Employment and declared the services engaged in the Banking industry to be a Public Utility Service for purposes of the ID Act, for a further period of six months from April 21, 2021.

Manufacturing of Alumina/Aluminium and mining of Bauxite:

Similarly, services engaged in the manufacturing of Alumina and Aluminium and mining of Bauxite, was earlier declared to be a Public Utility Service for purposes of the ID Act, for a period of six months from 26th August 2020 vide notification number S.O. 2866 (E) issued by the Ministry of Labour and Employment.

However, on 16th April 2021 the Government of India extended the said period vide notification number S.O. 1721(E) issued by the Ministry of Labour and Employment and declared services of the industry engaged in the manufacturing of Alumina/Aluminium and mining of Bauxite (Items 30 and 31 respectively, of the First Schedule to the Industrial Disputes Act, 1947) to be a Public Utility Service for purposes of the ID Act, for a further period of six months from 16th April, 2021.

Transformational infrastructure for healthcare – Budget 2021

The government has announced an amount of INR 35,000 crores for the vaccination programme in wake of Covid-19. However, the negotiations between Indian vaccine manufacturers had hinted at a ballpark figure of Rs 60,000-70,000 crores for only the procurement of vaccines during the first phase. Thus, the budgetary outlays falls short of the initial estimates. It is important to note that this estimate also excludes the costs for transformational infrastructure and storage at low temperatures, which have been estimated around $30-80 million.

Quote by Sidharrth Shankar.