By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: “Investors need not to worry”: DK Shivkumar on Karnataka’s decision on job reservation – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > National > “Investors need not to worry”: DK Shivkumar on Karnataka’s decision on job reservation – World News Network
National

“Investors need not to worry”: DK Shivkumar on Karnataka’s decision on job reservation – World News Network

worldnewsnetwork
Last updated: July 17, 2024 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

Bengaluru (Karnataka) [India], July 17 (ANI): Karnataka Deputy Chief Minister DK Shivkumar on Wednesday spoke on the state government’s decision to reserve jobs in the private sector for Kannadigas and emphasized that investors need not be concerned.
The Karnataka state cabinet on Monday approved a bill enforcing 50 per cent reservation for administrative posts and 75 per cent for non-administrative posts for Kannadigas in private industries.
While speaking with the reporters, Shivkumar said, “No investors need to worry. We want investors to come to Karnataka. There are certain sections of the people who are talented and have come from outside the state. We want them to work in Karnataka.”
He added further, “Bengaluru’s population has grown to 1.4 crores because of the outsiders coming here to work. We don’t want to harm anyone. We just want to give them (local people) scope.” There are some suggestions which have come on this issue, we are looking at it.”
The deputy CM further said that they are more worried than the employer and the employee. “We will see where we can accommodate Kannadigas,” Shivkumar said.
On being asked about Nasscom’s statement on the decision, Shivkumar said, “Nasscom should not be disappointed, we will listen to them.”
Industry body Nasscom, which represents the technology and software landscape in the country, expressed its concern regarding the passage of the Karnataka State Employment of Local Industries Factories Establishment Act Bill, 2024.
Expressing its disappointment, Nasscom urged the state government to withdraw the Bill.
“Nasscom members are seriously concerned about the provisions of this bill and urge the state government to withdraw the bill. The bill’s provisions threaten to reverse this progress, drive away companies, and stifle startups, especially when more global firms (GCCs) are looking to invest in the state. At the same time, the restrictions could force companies to relocate as local skilled talent becomes scarce, the statement read.
Nasscom said that the tech sector contributes to 25 per cent of the state’s Gross Domestic Product (GDP), houses a quarter of the country’s digital talent, over 11,000 startups, and 30 per cent of the total GNU Compiler Collection (GCCs). Restrictions could force companies to relocate as locally skilled talent becomes scarce, the body said.
It further said that the bill’s provisions threaten to reverse what the state has achieved in the field of technology and software. It further added that in today’s highly competitive landscape, knowledge-led businesses will locate where talent is as attracting skilled workers is crucial for success.
“Nasscom is seeking an urgent meeting for industry representatives with state authorities to discuss the concerns and prevent the state’s progress from being derailed,” the industry body urged. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

BJP transferring officers who obstructed AAP Govt’s work out of Delhi to shield from jail: Saurabh Bharadwaj – World News Network

“Spectacular feat…” PM Modi hails Neeraj Chopra for crossing 90m mark – World News Network

“When national interest is involved, I’ll not be found wanting”: Congress leader Shashi Tharoor – World News Network

Kerala Chief Minister Pinarayi Vijayan inagurates Professional Connect 2025 – World News Network

India, US Air Force resolve technical snag on USAF C-17 aircraft in Jaipur – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article 2016 Hit-and-run-case: 8 years after man’s death, Family gets 1.98 crore compensation – World News Network
Next Article Taylor Swift drops ‘I Can Do It with a Broken Heart’ as next song from ‘The Tortured Poets Department’ – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

KL Rahul on verge of shattering stalwart Virat Kohli’s massive T20 record – World News Network
Sports May 17, 2025
“Some moments are bigger than words”: CSK youngster Ayush Mhatre meets legendary Sachin Tendulkar – World News Network
Sports May 17, 2025
IPL 2025: RCB-KKR clash abandoned due to rain in Bengaluru, defending champions knocked out of the tournament – World News Network
Sports May 17, 2025
“We did it brother”: Neeraj Chopra’s heartfelt message for Weber after duo breached 90m mark – World News Network
Sports May 17, 2025

Sports

Faf du Plessis, Tristan Stubbs rejoin DC squad for remainder of IPL 2025 – World News Network
Sports
Mizoram, Tripura, Maharashtra in three-horse race for Group D summit in Swami Vivekananda Men’s U20 NFC – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Angelina Jolie shimmers in sequinned gown at Cannes 2025 red carpet – World News Network
Entertainment
‘Thug Life’ trailer: Kamal Haasan unleashes action-packed avatar in Mani Ratnam’s directorial – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?