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Govt must invest in skill development of locals

Every company would like to hire locals if they have good skills

- O Naresh Kumar, CEO, Symbiosys Technologies, Vizag - As told to Santosh Patnaik

Govt must invest in skill development of locals
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6 Aug 2024 9:29 AM GMT

I personally feel, the jobs should be only on merit/skill and experience. In private sector the government should not interfere Reservation in private sector would reduce efficiency and increase costs lower quality and lead to more competition from pure merit companies, eventually it would be counterproductive. Instead the government should skill locals by investing in them to improve their skills and make them globally competitive. A local person should be a global person, with good skilling. Every company would like to hire locals if they have good skills. Hence, there no need to force anything. Market dynamics will show the results.

The Congress government in Karnataka shocked the corporates by announcing reservations for local people in private jobs recently. But it went back on this after corporates including IT industry body Nasscom opposed it. But way back in 2019, the YSRCP government in Andhra Pradesh enacted a law, reserving 75 per cent jobs in private sector to locals. But Nara Lokesh, the new IT Minister of AP, invited corporates from Bengaluru to come to Andhra Pradesh if they are not happy with local quota in Karnataka. In this backdrop, Bizz Buzz is carrying opinions of corporate leaders and businesspersons whether local quota in private jobs is justifiable.

Merit-Based Hiring Private Sector Efficiency Government Intervention Skill Development Global Competitiveness Market Dynamics 
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