CPI-M MP flags 500 bank employee deaths due to work stress, urges end to 'slavery' in sector

In a significant address, CPI-M Member of Parliament raised alarm over the tragic toll of work-related stress in the banking sector, citing that approximately 500 bank employees have succumbed to stress-induced health issues. The MP criticized the relentless pressure and demanding work environments that characterize the industry, describing it as a form of 'slavery.' This statement comes in the wake of increasing reports about the mental and physical health challenges faced by bank employees, exacerbated by long hours, high targets, and job insecurity. The MP called for urgent reforms to improve working conditions, advocating for a more humane approach that prioritizes employee well-being over profit margins. The call to action resonates amid growing concerns about the mental health crisis in various sectors, particularly in the wake of the pandemic. As the banking industry continues to evolve, the need for a balanced approach that ensures the welfare of employees while maintaining productivity is more pressing than ever.