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75% job reservation without skilled workforce death knell for industries | Ranchi News

Jharkhand government’s plan to reserve 75% jobs for locals in the private sector RANCHI: The state government’s plan to reserve 75% jobs for locals in the private sector has evoked a mixed response from Jharkhand Inc with many saying that even if the move has a noble objective of addressing unemployment, it could pose problems for industrial growth and investments if such a law is enacted without proper skilling of the workforce. To fulfil its poll promise, the Jharkhand cabinet on Friday decided to reserve jobs for locals in private firms for up to a salary of Rs 30,000. A formal bill will soon be placed in the state assembly.

Trade bodies urge Jharkhand govt to frame investor-friendly policy next yr | Ranchi News

RANCHI: Representatives of trade and industry bodies in the state said they are hopeful of a much improved and productive year in 2021 with government help after the downward slide in the industrial sector because of the Covid-19 pandemic this year. The newly-elected president of the Federation of Jharkhand Chambers of Commerce and Industries (FJCCI), Pravin Jain Chhabra, said 2020 was bad for every sector but the worst affected was the micro, small and medium enterprise (MSME) sector. He said the government should ensure proper implementation of its existing policies for revival of the industries. “For instance, the single-window system is not very effective as entrepreneurs have to approach the departments concerned offline on many occasions, leading to delays in taking up projects. Similar situations exist in applying for licences under the factory Act,” Chhabra said.

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