Gurugram, the millennium city, is famous for its approach to industrialization, corporate houses, BPOs, call centers and various other companies spread across it. Over the last 15 years, after the construction of NH-8, Gurugram has grown like no other city in this country. There is a large inflow of capital in  Gurugram and it is creating a lot of jobs. Or should I say it has been until now? Let's find out.


Gurgaon has been a leading job creator over the past few year but most of the jobs didn't went to the locals. In fact, Haryana has most share of immigrants (14%) after the state of Delhi (41%) and most of which is to Gurgaon. And when there is a huge migration, they need places to live and new migrants need a residential house to live and this is the success of ever booming real estate market of Gurgaon. To put it into perspective, property rates in Gurgaon were around Rs. 40,000 per sq. yard in year 2010 and same is Rs. 1,30,000 now. This is the impact of migrations.

Now, comes new government of Mr. Manohar Lal Khattar along with Mr. Dushyant Chautala. And one of the promises of Mr. Dushyant Chautala was to offer reservations to locals in Haryana. And when we see something like it, we are like, okay reservation is already there in government jobs. So, what's new?

Now, there comes a catch, the new labour law states that 70% of private sector jobs where the salary of employee is less than Rs. 50,000 per month needs to go to local people. Key focus here is the private jobs. So, until now, all we had seen was reservations in government jobs. This time it is private sector. So, suppose you are a merchant in Haryana establishing a Company for IT Solutions. You have invested 500 crores to set it up. Now, if you want to hire professional people. 

The Haryana govt says wait! Hire from Haryana.

You ask, "But there is not enough qualified people in Haryana."

"So what? You have to train the locals"

"But it will incur substantial cost. And what's the guarantee that we will be able to train them?"

"......."

"Will you give us any benefit in tax then?"

"......"

"But it may result in lots of losses?"

"......"

"Okay, then can I hire from whole of Haryana?"

"Yes, but you can hire maximum 10% from one district."

"So, to hire people, I have to go to 7 different states?"

"Yes"

"But this will increase a lot of cost as well and not to mention unavailability of labour."

The Haryana government has no reply for it. They do not care for the corporates who made Gurgaon what it is now. Instead, all they are doing here is a vote bank politics.

And there's more. Remember, we talked about rising property rates? If there is no inflow, the rates will decrease. And they are imposing such restriction when the party leader focuses on Ease of Doing Business. And with shifting to Noida being so easy, will there be any jobs left? Will all the gain of 15 years be reversed. Let me know what you think in the comments section.



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