IT giant Infosys' MD and CEO Salil Parekh on July 18 said the company will wait and watch Karnataka's draft bill mandating job reservations for locals in the private sector.
"We will wait and watch on the reservation for locals in Karnataka. We will make sure we align with new regulations. We will follow rules and regulations set by the state government," said Parekh.
Meanwhile, Karnataka government on July 17 put on hold the implementation of a bill mandating job reservations for locals in the private sector following a backlash from industry bodies.
Also, read: After backlash, Karnataka puts job quota-for-locals bill on hold
The draft Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024, which drew flak from industry leaders and associations, mandates that 50 percent of management jobs and 70 percent of non-management roles be reserved for local candidates (Kannadigas). The state cabinet also approved a 100 percent quota for Kannadigas in Group C and Group D jobs (blue-collared workers) in the private sector.
The industry body National Association of Software and Service Companies (NASSCOM) issued a statement demanding the scrapping of the quota for locals in the private sector, saying it would force businesses to relocate.
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