(ET)
The Andhra Pradesh assembly on Wednesday passed a Bill to impose 75% quota for locals in private industrial jobs, becoming the first state to take the step; one that industry captains view as regressive and hurtful to investments.
Chief minister YS Jaganmohan Reddy said the move would help locals gain jobs by getting trained through skill development centres that the state would set up and provide industry with skilled labour, even as he tried to allay concerns over its impact on investment.
“We will not fall prey to the vested interests that are pumping story after story (in the media) that this Bill will hamper the industrialisation,” Reddy said in the assembly. “The industry should take care of the locals who had given up land and should increase the perimeter as and when the scale of industry increases.”
