Reservations In Private Sector

Lok Sabha MP Chandra Shekhar Azad on Friday introduced a private member bill in Lok Sabha seeking reservation for the SCs, STs, and the OBCs in private sector, educational institutions, and other establishments that employ at least 20 people and have no government financial interest. The bill seeks to extend reservation benefits, currently meant only for public sector, to the private sector. The bill was formally titled the Reservation for the Scheduled Castes, the Scheduled Tribes and the Other Backward Classes in Private Sector Act, 2024. Under the proposed legislation, the Central government must incentivise private sector entities to implement reservations for SCs, STs, and OBCs through special concessions and facilitate lower interest loans through nationalised banks. The bill also seeks presentation of an annual report detailing the actions taken under the Act in both houses of Parliament. The Central government will be mandated to create rules to ensure the effective ...

Andhra Pradesh's move would especially affect Tamils employed at a special economic zone located on the Tamil Nadu-Andhra Pradesh border, he noted

The data collected from naukri.com, shows that as many as 9 million registered job seekers, constituting more than 16 per cent of the 55 million users, are from SC, ST and OBCs

The industry body said that at a time when the Indian economy is seeking positive triggers for growth revival, any political narrative on reservations in the private sector would bring in a big blow