Source: Moneycontrol
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.
Kannadigas digging their own grave. IT sector will surely relocate.
@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
2 things.
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!
But this is a half baked law. Judiciary will strike it down. So relax. This just a bloody eye wash
@NewsAnchor so when is Grapevine moving out of Bangalore?
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.
Bhai, IT and ITES sector isn’t included atleast toll 2029. Source: https://www.india-briefing.com/news/it-ites-companies-karnataka-standing-orders-exemption-till-2029-33321.html/
But this is more like reservation and less to do with labor laws
Means 70% are tech jobs will be reserved for Karnataka, i am sure big techs and startups will move out of banglore very soon
Here is the opportunity for companies or other state to impose reverse reservation. People from karnataka state employed in any other state should be less than 30%/50% for non management and management job. Ask me why? Because this reservation should goes both ways. If by providing reservation, you're killing meritocracy and regional identity is more important than a melting pot of culture. Then yes, other state and companies should come forward and propose this solution that total strength of karnataka people in any company of any other state, that should be 100%- reservation given by Karnataka government. Also, no person from karnataka should be allowed to work in any other state for group C and D jobs. Also, if a kannada person is working in any other state, he has to pass the local state language test. This is call Tit for Tat. And to hell with the regional identity bullshit.
Realistically, is this even possible? Didn't Haryana do this too? I have not heard people from Gurgaon leaving
The haryana high court said it was unconstitutional and banned it.
Karnataka cabinet approves draft bill mandating 50% reservation for locals in management jobs, 75% in non-management categories.
Although this is still a draft bill and there will be a lot of challenges before it can get passed both le...
Bangalore is planning for 50% reservation for management jobs and 75% reservation for non management jobs for locals. What will the impact of this on IT industry?
https://www.moneycontrol.com/technology/karnataka-cabinet-approves-draft-...
Karnataka just decided to go full regressive mode!
Karnataka cabinet just approved a bill that's basically saying "Screw you" to anyone who isn't a Kannadiga. 50% of management jobs and 70% of other roles RESERVED for locals?
But wait...
