Labour minister cracks down on outsourcing in Nepal’s banks, NRB ordered to enforce worker rights
▸ Part of: Nepal Rastra Bank Signals Stable Monetary Policy Amidst External Risks and Internal Challenges
The government is cracking down on labor exploitation in banks, ordering Nepal Rastra Bank to enforce labor laws for outsourced workers. Complaints indicate that banks have used third-party suppliers to bypass labor protections, depriving workers of minimum wages and benefits. The Department of Labour has instructed NRB to intensify monitoring and ensure banks conduct mandatory labor audits.
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