PhonePe CEO Criticizes Karnataka’s Job Reservation Bill, Sparks Debate

PhonePe CEO and cofounder Sameer Nigam expressed his dissatisfaction with the Karnataka government’s job reservation bill for Kannadigas, sparking debate online. The bill, which mandates job reservations for local candidates in private firms, has faced backlash from various stakeholders, including Nigam, who questioned the rationale behind the bill and its impact on the tech industry in Bangalore.

Andhra Pradesh Seeks to Lure Tech Companies Amid Karnataka Job Reservation Controversy

Andhra Pradesh Minister Nara Lokesh has invited tech companies to relocate to Visakhapatnam following NASSCOM’s disappointment over the Karnataka State Employment of Local Industries Factories Establishment Act Bill, 2024, which mandates job reservations for Kannadigas in private firms. Lokesh highlighted the state’s supportive environment for IT and related industries, while Karnataka Minister Priyank Kharge defended the bill, emphasizing the importance of local talent development.

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