Karnataka State Employment of Local Candidates in Industries Factories and Other Establishments Bill 2024
Source: Indian Express
GS II: Issues relating to the development and management of Social Sector/Services relating to Health, Education, Human Resources
Overview
- News in Brief
- Salient Features of the Bill
Why in the News?
In a landmark decision, the Karnataka state government has passed a bill reserving 50% of jobs in the private sector for locals. The bill, aimed at providing employment opportunities to the residents of Karnataka, has several salient features that are expected to benefit the youth of the state.
News in Brief
- Since its introduction, the Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024 has generated debate.
- The State cabinet approved the bill on July 15, 2024, but the legislature has not yet had a chance to enact it.
- On Thursday, July 18, 2024, the bill is anticipated to be introduced in the State Assembly.
- The Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Act, 2024 will take effect when approved by the State Assembly and put into law.
Salient Features of the Bill
- 50% Reservation: At least 50% of jobs in the private sector will be reserved for locals who have been living in Karnataka for at least 15 years.
- Applicability: The policy will apply to all private companies, including IT and startups, with an exemption for industries that require specialized skills.
- Definition of Local Candidates: A local candidate is defined as someone who has been living in Karnataka for at least 15 years and has a domicile certificate to prove it.
- Exemptions: Industries that require specialized skills, such as aerospace, defence, and biotechnology, are exempt from the policy.
- Implementation Committee: A committee will be set up to ensure the effective implementation of the policy and to resolve any disputes that may arise.
- Penalties for Non-Compliance: Companies that fail to comply with the policy will be penalized, with fines ranging from ₹5 lakh to ₹50 lakh.
- Job Creation: The policy aims to create job opportunities for lakhs of youths in the state who have been struggling to find employment.
- Regional Development: The policy is expected to promote regional development by providing employment opportunities in rural areas.