SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 07 Nov, 2020  

Haryana Map THMB 'Haryana's 75% quota for locals will hamper foreign and domestic investment'

Haryana Map
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
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.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter