Haryana jobs quota to impact 1.5 lakh; firms look for exit route
With lack of skills to match jobs, NASSCOM Survey says companies are planning to move operations and ramp down investments due to the new reservation rules in Haryana
Rukmini Rao | March 23, 2021 | Updated 11:02 IST
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IT industry body NASSCOM has conducted a survey to assess the impact of the notification of The Haryana State Employment Of Local Candidates Act, 2020 which aims to reserve 75 per cent jobs in private companies for local candidates. Out of the 73 companies that participated in the survey and have over 144,000 employees in Haryana, 80 per cent see this move impacting their operation and investment plans. They either intend to shift operations to other states or increase hiring in other states, the survey found.