Displaying How Many Locals Employed By Firms In Karnataka: Govt Backtracks


Mohul Ghosh

Mohul Ghosh

Feb 24, 2024


The Karnataka government has reportedly retracted its statement on making it mandatory for multinational companies operating in the state to prominently display numbers and percentages of their local Kannadiga workforce. IT Minister Priyank Kharge clarified no such legislation was passed yet.

Displaying How Many Locals Employed By Firms In Karnataka: Govt Backtracks

No Such Act for Now

Seeking to control damage after widespread criticism of the announcement made in the Assembly, Kharge said the idea had emanated from suggestions by some legislators, but there exists no final policy directive as of now mandating that companies furnish employment breakup along linguistic lines.

He reiterated that the government just wants to generate maximum job opportunities for locals while attracting investments into Karnataka through congenial policies for businesses.

Aim to Boost Investments

By stating there is no final law on enforcing headcount disclosures yet, Minister Kharge tried placating industry leaders and corporates who had slammed the original pronouncement as a regressive and arbitrary move that can repel companies.

His assurances signal that the government’s fundamental focus stays boosting the state’s investment attractiveness across sectors including the all-important IT industry that has raised strong objections against such a discriminatory proposal.

Panel to Frame Rules

Kharge also revealed that the government has already constituted a panel to frame appropriate frameworks and rules through consultations if the idea around mandating transparent workforce composition reporting gains traction.

The Minister admitted that this specific suggestion had originated from some state legislative assembly members rather than being well-debated policy. Hence, expert inputs would guide next steps.


Mohul Ghosh
Mohul Ghosh
  • 826 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online