India's northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle high unemployment, lobby groups warned on Thursday.
Haryana reserves private jobs for residents 75% quota covers posts with monthly salary up to Rs 50,000, CII voices concern
The Haryana government has notified a law that provides for 75 per cent reservation in private sector jobs paying less than Rs 50,000 for people from the state, following a trend that experts believe restricts productivity and migration.
The Haryana State Employment of Local Candidates Act, 2020, notified in the state gazette on Tuesday said employers shall engage persons from the state in 75 per cent of the posts with gross salary of less than Rs 50,000 a month.
Employers can apply to the government for an exemption if adequate numbers of local candidates with the desired skills, qualifications or proficiency are not available. After an inquiry, the designated officer may accept or reject the application or direct the employer to train local candidates, accordin
Haryana s new job quota rule spells disaster , says India Inc thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Synopsis
The Haryana law reserving 75% of private sector jobs with monthly pay of up to Rs 50,000 for people of the state has been approved by the governor, chief minister Manohar Lal Khattar said on Tuesday. The state legislature had passed the legislation last year. Some experts said it could trigger a dangerous trend if other states adopted similar legislation.
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Companies and staffing firms said a new Haryana law reserving private sector jobs for people belonging to the state will likely erode competitiveness and disrupt the post-pandemic recovery, possibly forcing some enterprises to consider relocating.
The state’s IT, commercial and industrial hub of Gurgaon-Manesar is home to the offices of Pepsi, Coca-Cola, Google, Nestle, Hindustan Unilever, Reckitt Benckiser, American Express, Samsung and others, as well as the factories of