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'Haryana's 75% quota for locals will hamper foreign and domestic investment'
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SME Times News Bureau | 07 Nov, 2020
Haryana state Confederation of Indian Industries (CII) has appealed to
Chief Minister Manohar Lal Khattar to reverse its order reserving 75 per
cent jobs for local residents of the state.
Speaking to IANS,
CII Haryana Chief Sanjay Kapur, who is also the Chairman of Sona
Comstar, a leading auto component manufacturer with factories in the
state, said: "Haryana was ranked at number three in terms of ease of
doing business due to its progressive and transparent policies. But off
late, we've been slipping. This is because of restrictive policy
decisions like this. I appeal to the honourable chief minister and the
deputy chief minister to reverse this job quota decision in the interest
of the state's overall growth."
The Haryana government had
earlier this week passed a bill in the state assembly providing 75 per
cent reservation for state residents in local jobs paying Rs 50,000 per
month or less.
Kapur said that though the thought behind the
state government's decision is noble as it will provide more job
opportunities for the people of Haryana, but the move would hamper
hiring of best talents by the companies.
"This in turn would
hamper foreign and domestic investment in the state as industry wants
free hand in hiring so that it is able to hire the best suited person
for the job," he said.
Kapur said the state needs to strike a
balance in providing jobs as well as attracting investments. "It cannot
sacrifice one for the other," he said.
Haryana is home to a large
number of hi-tech industries which require best manpower from across
India. It has been attracting skilled and semi-skilled persons from all
over the country.
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