File photo of FICCI President Uday Shankar. | Reuters
Industry body Federation of Indian Chambers of Commerce and Industry on Thursday said that the Haryana government’s recent decision to reserve 75% jobs in the state’s private sector for locals will “spell disaster” for industrial development and private investment.
“Investors and entrepreneurs need to source the best human resources available in the country to be competitive and successful,” FICCI President Uday Shankar said. “To force them in such a regressive straightjacket will force them to look beyond Haryana and this will ultimately hurt the interests of the state.”
Shankar also said that the move was “against the spirit of the Constitution”.
Haryana s recruitment rule will spell disaster , says FICCI
FICCI said that the Haryana government s recent decision will spell disaster for private investment and industrial development in the state
BusinessToday.In | March 4, 2021 | Updated 18:32 IST
Governor Satyadev Narayan Arya, on Tuesday, gave assent to the Haryana State Employment of Local Candidates Bill, 2020
Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) said on Thursday, March 4, that the Haryana Governor s consent to a bill that reserves 75 per cent private sector jobs for local people is a regressive straight-jacket that will force the industry to look beyond the state.
FICCI added the Haryana government s recent decision will spell disaster for private investment and industrial development in the state.
by Tushar G. - Mar 3, 2021 09:11 AM
Haryana Chief Minister Manohar Lal Khattar. (Facebook)
Snapshot
The new law is set to do more damage than good, especially with all the prevailing loopholes and workarounds. For the private corporations, the law amounts to corruption, red-tapism, and investment apprehensions.
If the law stands the test of the judiciary, the private corporations must brace themselves for a quarterly âhaftaâ in Haryana.
As the central government led by the Bharatiya Janata Party (BJP) advocates the idea of âone nation, one marketâ for our farmers, the state government in Haryana, under the leadership of the BJP, has notified the act implementing 75 per cent reservation for people with the domicile of Haryana, not exceeding monthly salary or wages of Rs 50,000.
Explained: Haryana Governmentâs Law To Reserve 75 Per Cent Jobs In Private Sector For Locals, Will It Help?
by Swarajya Staff - Mar 3, 2021 09:47 AM Indian construction workers rest at an under-construction site in Gurgaon, some 30 km south of New Delhi. (MANAN VATSYAYANA/AFP/Getty Images)
On Tuesday (2 March), Haryana governor Satydeo Narain Arya gave assent to the bill providing 75 per cent reservation in private sector to job seekers who have a state domicile certificate.
The quota for local people will apply for 10 years to private sector jobs that offer a salary of less than Rs 50,000 a month.
The act states that the quota applies to all the Companies, Societies, Trusts, Limited Liability Partnership firms, Partnership Firm and any person employing ten or more persons and an entity as may be notified by the Government of Haryana.
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