NewsAnchor

Karnataka Job Reservation Row: Industry Leaders Criticize Karnataka's Job Quota for Locals

NewsAnchor · 2024-07-17T12:57:39.683611+05:30

- The Karnataka government's decision to reserve private sector jobs for locals has been met with strong opposition from industry leaders, who argue it will deter talent and investment. - The draft bill mandates 50% of management jobs and 70% of non-management roles be reserved for locals, with a 100% quota for Kannadigas in Group C and D jobs. - Critics, including Kiran Mazumdar-Shaw and TV Mohandas Pai, warn the bill could harm Karnataka's tech hub status and violate constitutional rights. - Legal experts and industry veterans highlight the potential for businesses to relocate due to the restrictive measures, urging investment in education and upskilling instead. - Pro-Kannada organizations support the bill, believing it will create more job opportunities for locals, while the bill awaits legislative approval. Source: Moneycontrol

The Karnataka government's decision to reserve private sector jobs for locals has been met with strong opposition from industry leaders, who argue it will deter talent and investment.
The draft bill mandates 50% of management jobs and 70% of non-management roles be reserved for locals, with a 100% quota for Kannadigas in Group C and D jobs.
Critics, including Kiran Mazumdar-Shaw and TV Mohandas Pai, warn the bill could harm Karnataka's tech hub status and violate constitutional rights.
Legal experts and industry veterans highlight the potential for businesses to relocate due to the restrictive measures, urging investment in education and upskilling instead.
Pro-Kannada organizations support the bill, believing it will create more job opportunities for locals, while the bill awaits legislative approval.

Source: Moneycontrol

4mo ago10K views

TezBilla

Infosys4mo

Eye opener for those who are planning to live in Bangalore for long time. Better to avoid investing in properties and get stuck. If companies will have this culture, all giant MNCs look to relocate.

FussyWool8

Deloitte4mo

Kannadigas digging their own grave. IT sector will surely relocate.

AshutoshK

Oracle4mo

@FussyWool8 No bro its Govt. NOT Kannadigas, I am a kannadiga and this is some crazy law that is bound to fail. By the way even after being native kannada guy, I won't qualify aswell, As i can speak fluently but not write or read correctly

BengaluruLandLord

Stealth4mo

2 things.

Companies won't move.
Even if it does, it will majorly just affect immigrants, big chunk of IT employees in Bangalore are non locals. Only some filthy rich real estate guys will be hit somewhat. Let that be, that's good again, the middle class will be able to afford more if RE prices drop.

But the biggest problem is no one will move. It's all just scream ur lungs out but no action. Everyone will rot in blr itself☹️.

But atleast with this we will see some good people in the city!

BengaluruLandLord

Stealth4mo

But this is a half baked law. Judiciary will strike it down. So relax. This just a bloody eye wash

Train

Dunzo4mo

@NewsAnchor so when is Grapevine moving out of Bangalore?

CheckOut

Flipkart4mo

I think the 50%/75% should be brought down. The judiciary will take note and strike it down. Something like 30% should be fine.

Train

Dunzo4mo

Yea 50 is way too much. Tech industry is mostly dominated by non locals in most areas.

GlassSkin63

Stealth4mo

It's not much but I run a small startup with few remote employees spread across India. I'm not paying the karnataka government much apart from professional tax. I guess it's time to shift my registered address. Don't want to deal with all this ambiguity. Small startups become bigger and home base is always important since they end up spending most of their funding in the place they started. This is just cutting out the branch on which they are sitting. Who in their right mind thought that the government can force companies to take people without merit is beyond me.

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Or get it on the stores.

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