Friday, 24 March, 2023

Haryana startups relook operations over job reservation law: NASSCOM

<p>60% of Haryana-based start-ups may not invest in the state following the law which stipulates 75% job reservation for locals with a monthly salary of up to Rs 50,000 in the private sector. Nasscom, in a survey, said that the law which comes into effect from May 1, is going to hit hard to start-ups as 67.3% of their workforce earn below Rs 50,000 per month. Besides, startups involved in deeptech, edtech need high-end AI and ML skill resources, which is hard to find locally.</p> <p>&nbsp;</p>