Karnataka: 750000 Jobs for Locals in the next Three Years!!! New Employment Policy!!!

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Karnataka - 750000 Jobs for Locals in the next Three Years!!! New Employment Policy!!!
Karnataka - 750000 Jobs for Locals in the next Three Years!!! New Employment Policy!!!

Karnataka: 750000 Jobs for Locals in the next Three Years!!! New Employment Policy.According to a new employment policy approved by the state cabinet on Friday, Karnataka has set a goal of producing 750,000 jobs for locals in various sectors over the next three years. The authorities will try to tie sops to the new jobs and ask investors to employ locals.

The state government has not specified how it intends to limit the employment to residents of the state, but such a move might be contentious. In order to quickly generate jobs with attractive incentives, Karnataka would concentrate on labor-intensive industries like textiles, leather, and food processing. This was said to journalists by Law Minister JC Madhuswamy. Depending on the number of employment produced, more investors may also receive concessions and incentives.The state has agreed to raise the number of jobs an industrial unit must generate in order to receive approval for expansion or new investments. According to the policy, it would also connect an increase in working capital to new positions.

An uproar erupted when the Haryana government passed a rule granting local candidates a 75% hiring preference in the private sector. The Punjab and Haryana High Court had stayed the law, but in February, the Supreme Court overturned the stay and ordered the HC to make a decision while also directing the state government to refrain from taking “coercive steps” against employers who employed non-locals until the HC made its decision.

Even as Karnataka appears to have implemented a job development policy that is only open to residents, industry associations from Faridabad, Gurugram, and other bodies have filed a lawsuit in the High Court against the Haryana statute and are waiting for a favourable decision. According to the policy of the industries department, Karnataka anticipates the creation of 400,000 jobs in the textile and apparel industry and the remaining 400,000 in other sectors.

A day after the Supreme Court advised the Centre to develop a mechanism to supply grain for migrant labourers without ration cards, the Karnataka Cabinet approved the policy, noting that migrant workers played a very important part in nation-building and that their rights should not be neglected.

This came after the Center informed the court that as of July 11, over 280 million migratory workers or unorganised labourers were registered on a portal created in collaboration with the National Informatics Centre based on data provided by states.

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