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LATEST NEWS UPDATES | Globalisation and its discontents, in Haryana -Roshan Kishore

Globalisation and its discontents, in Haryana -Roshan Kishore

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published Published on Nov 11, 2021   modified Modified on Nov 23, 2021

-Hindustan Times

From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana

From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana. To be sure, the policy will only apply to jobs where the monthly salary is up to 30,000. The announcement has already triggered a rethink among IT companies currently located in the state, said a Business Standard report published on November 9. The policy appears to be an example of myopic populism, which could ultimately harm the economic prospects of the state. However, simply classifying it as that does not take into account the context behind the political economy of such decisions. Haryana is not the only state to implement or consider bringing such laws. Maharashtra, Karnataka, Andhra Pradesh, and Madhya Pradesh are other states that have brought in such laws. Here are four charts that explain the political rationale behind them.

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Hindustan Times, 11 November, 2021, https://www.hindustantimes.com/india-news/globalisation-and-its-discontents-in-haryana-101636562362169.html


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