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