March 11, 2021
The Haryana State Employment of Local Candidates Bill, which was tabled last year, has been approved, making it compulsory for organizations in the private sector to set aside 75% of jobs that pay up to Rs 50,000 a month for the youth of Haryana. It allows companies to hire from outside Haryana in the event that no qualified candidates are found for a particular role. However, the state government requires that organisations register the details of all employees earning up to Rs 50,000 a month. If these details are not provided within three months of the law being implemented, companies could face penalties. Organizations and staffing firms believe that this new law will, in all likelihood, affect competitiveness and slow down the recovering economy. Experts fear that some enterprises may even consider a move elsewhere.