NASSCOM Raises Alarm Over Karnataka's Local Reservation Bill
NASSCOM has voiced its disappointment and concerns regarding Karnataka's new bill mandating local reservations for jobs in the private sector. The tech association fears the bill could deter investments, stifle startups, and force companies to relocate due to the scarcity of local skilled talent.
- Country:
- India
NASSCOM has expressed its disappointment and concerns over Karnataka's new bill requiring private sector job reservations for locals.
The Karnataka State Employment of Local Industries Factories Establishment Act Bill, 2024 mandates private firms to employ Kannadigas in Group C and D category posts.
NASSCOM, representing the Indian tech industry, warned that restrictions could lead companies to relocate as local talent becomes scarce, urging the state government to reconsider the bill.
(With inputs from agencies.)
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