The Central Government, recognizing the importance of public interest, has extended the classification of industries involved in iron and steel as a public utility service under the Industrial Disputes Act, 1947. Originally declared a public utility service on 17th February 2024, the status was set to last for six months, as per the notification issued on 14th February 2024. Given the ongoing need to maintain this classification, the government has exercised its powers under the Act, extending the status for an additional six months from 17th August 2024. This extension ensures the continued operation of these crucial industries under the provisions of the Act, safeguarding public interest and ensuring industrial peace. This notification was published on August 16, 2024.
Launch of Association of NPS Intermediaries
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,