AP to lose heavily if Yeddy follows Jagan!

YSR Congress party president and Andhra Pradesh chief minister Y S Jagan Mohan Reddy’s decision to reserve 75 per cent of the jobs to locals is likely to backfire on the state, independent analysts say.

The main reason for this observation is the decision of Karnataka chief minister B S Yediyurappa to follow Jagan’s formula and to enact a legislation to reserve 75 per cent of jobs to industries and other private sector enterprises.

Yediyurappa made this announcement while addressing the people of the state on Independence Day on August 15.

He assured that a lion’s share of jobs in the private sector would be reserved for Kannadigas in Karnataka.

His statement now comes in the wake of pro-Kannada organisations demanding the chief minister pass a bill to this effect, following a similar move in Andhra Pradesh.

What is more interesting is that apart from job reservations to locals, Yeddy also asked those migrating to the city to adapt to Kannada culture without compromising their identity.

Analysts say youth from Andhra and Telangana would be the biggest sufferers if Karnataka implements the law.

“Thousands of youth from Andhra Pradesh are employed in software industry in Bengaluru and Mysore. If the Karnataka governments enforces the law, they may have to lose jobs to a large extent,” an analyst said.

Though it is very difficult to implement the law, as industries prefer talent and skilled manpower, rather than their nativity. But if the government strictly enforces the law, it will result in non-local skilled employees losing their jobs.

If the youth from Andhra want to return following their job loss in Karnataka, there are not enough software companies in AP to accommodate them. And in the given job slump scenario, it will be a difficult situation, say analysts.