Most states resilient post Covid, performing above pandemic level: PHD Chamber
In the growth of GSDP, almost all the states are above the growth levels of the pre-pandemic years, the report said.
Industry body PHD Chamber on Saturday said that the job reservation scheme in Haryana will impact industry sentiments during the pandemic time.
According to Pradeep Multani, President, PHD Chamber of Commerce and Industry, people should be allowed to work in any state without restrictions.
“If Indian industry has to be competitive, we need the most efficient workforce. Already we have lost out to various peer economies such as Bangladesh in the textiles sector,” Multani said in a statement.
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“Let’s not miss the chance with such stringent norms to make India a $5 trillion economy, generate employment and make India a manufacturing hub of the world economic system,” he added.
Besides, the industry body cited that 75 percent reservation will result in moving out of tech, automotive, and MNCs from the state.
Additionally, it recommended that the state government should have given a 25 percent subsidy to the industry for hiring locals instead of the stringent 75 percent norm to deploy locals.
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