Business Standard

Labouring under illusions

The development of Haryana's golden goose has thrived despite reflecting all the worst contradictions of post-liberalisation India

Gurgaon's Cyber Hub (Photo: Wikimedia Commons)
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Gurgaon's Cyber Hub (Photo: Wikimedia Commons)

Kanika Datta
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
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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