Even though engaging the guards for more than 8 hours is against the law, the nationalized banks engage only 2 shifts of guards for 12-hour duty. The guards cannot maintain their family and personal expenditure within the 8-hour duty salary fixed by the appropriate government. Additionally, the agencies pay less than the rate fixed by the government, while they themselves earn profits. Indian companies opt to engage these agencies as a cost control measure. However, some companies in India directly pay the guards and provide profit/commission to the agencies along with the statutory deductions.
Thank you.
Regards