Gurgaon, the city that accounted for a significant amount of Haryana’s GDP long before it became Gurugram, is unlikely to see an immediate mass exodus of businesses following the notification of this troublesome law mandating 75 per cent of locals in private enterprises from January 15 next year. That’s because the law applies to new hires earning up to Rs 30,000 and having lived five years or more in the state. But with the example of another vibrant metropolis that declined on the back of a headlong flight of capital, Calcutta before it became Kolkata, it is possible to imagine
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