SEBI Introduces Work-from-Home Option for Junior Staff Following PM Modi’s Call

The Securities and Exchange Board of India (SEBI) has implemented a ‘one-day-a-week work-from-home option’ for its junior employees, aligning with Prime Minister Narendra Modi’s recent appeal for remote work to save energy. Additionally, SEBI is contemplating delaying internal events to reduce unnecessary travel and hotel expenses in response to the inflationary impact of the US-Iran conflict, as per a report by NDTV Profit.
Following suit, HDFC Bank has granted two days of remote work for specific staff managing treasury operations, credit underwriting, risk, transaction banking, digital banking, and IT services, as reported. Similarly, HDFC Securities has transitioned to a hybrid work model post the Prime Minister’s call for austerity measures.
In a related development, Goa Tourism and IT Minister Rohan Khaunte announced that the state is positioning itself as a prominent work-from-home destination in line with PM Modi’s directive. The Prime Minister had urged citizens to conserve fuel, embrace work-from-home strategies, restrict non-essential spending, and avoid overseas trips to help India navigate economic challenges stemming from global tensions.