Bharat Bandh: Banks and Insurance Shut Down in Bokaro, Steel Plant Operates

The Bharat Bandh in Bokaro, called in response to the central government’s policies, particularly changes in labor laws, saw a noticeable impact on the banking and insurance sectors. Banks and insurance offices were closed, with employees protesting outside branches. In contrast, the Bokaro Steel Plant continued its operations without disruption, as workers attended their shifts as normal. Bank and insurance employees voiced their opposition to government policies, demanding the withdrawal of labor and banking reform laws. They also opposed the privatization of banks, urging for the strengthening of public sector banks and stricter laws to prevent the misuse of public funds through corporate loans. Furthermore, they called for an end to outsourcing in the day-to-day operations of banks.