Topic: Jobs

Biz people and industrialists, who have been the most critical about the Modi govt privately, will settle for predictability instead of any tax bonanzas.

A majority of first-time voters in Gujarat are students. And in the current election campaign, there are two major issues that student face.

Bihar Chief Minister, Nitish Kumar spoke in favour of 50 per cent job reservation in the private sector on the basis of caste, experts weigh in on the feasibility of this suggestion.

Since Nitish is being seen as a villain among a large sections of Dalits, and is also an ethically beaten public figure right now, everything he says might appear bad. When India Inc is slowly but steadily moving towards integrating Dalit/Adivasis in their workforce chain, why is this man barking private sector quota at this juncture?    

Whether reservations in the private sector are feasible or not depends on the political will of the governments. It is a globally proven fact that institutions with greater diversity are more successful and innovative and endure longer.

Nitish Kumar finds himself in a fix as he ditched the backward class constituency in jumping onto the BJP bandwagon. As an astute politician, he realised that all his rhetoric would not work with people. Therefore, he has come out with this trick of demanding a 50 per cent reservation in private sector.

Private sector reservations are a bad idea and step in the wrong direction, because growth and job creation are driven by private entrepreneurs reacting to the profit motive.

What Nitish Kumar has said is not anything new. This issue has been debated and discussed since the 2000s. Several Dalit politicians have stressed the need for reservations in the private sector.

Once famous for its leather business, Dharavi shops are badly hit by the 2015 Maharashtra govt order curbing supply of bullock hide as well as note ban and GST.

Daily labourers are worst affected, but permanent employees could also lose jobs as GST hits 12,000 hosiery units in the Ludhiana area.