Skip to main content

Protectionism

By

In a major setback for the Haryana government, the Punjab and Haryana High Court on Nov 17, 2023 struck down a state law mandating 75 per cent reservation for locals in private sector jobs, calling it "unconstitutional".


While stating that private employers cannot be forced to employ persons from a particular state, the court, in its order, underlined that discriminating against individuals based on their state would be negative treatment against other citizens of the country.


I have discussed the Haryana State Employment of Local Candidates Act, 2020 in the perspective of problems due to protectionism in the article dated July 10, 2020. I have advocated that these kind of protectionist laws are irrational as it infringes fundamental rights of the citizens and rights and liberty of the corporates and private companies too. Im glad that the High court pronounced a judgement striking down the law as it is unconstitutional.


Excerpts from Protectionism and Reverse migration, July 10, 2020


"The Haryana cabinet cleared a proposal to draft an ordinance for reserving 75% of private-sector jobs for the residents of the state. This move of the Haryana govt is totally irrational during the time of a crisis that has heavily hit the nation. The govt may implement their election manifesto and please the voters and supporters but what will be the situation of the migrant labours and employers those who depend on them. This is a regressive decision compared to the central govt's decision of promoting free markets in agriculture."

Take a look at the article 

https://progressiverationalist.blogspot.com/2020/07/protectionism-and-reverse-migration.html?m=1

Reference

https://www.indiatoday.in/law/story/haryana-private-sector-quota-75-domicile-unconstitutional-by-punjab-haryana-high-court-2464219-2023-11-17

Comments

Post a Comment

Popular Posts

Retail Inflation heats up

By
We have come across many articles about the revival of the Indian economy for the past 2 months but the govt. hasn’t listened to such things and they don’t want to do that as always. During the last Monetary Policy Committee meeting, RBI has decided not to reduce the repo rate in order to control Inflation. We know that Inflation with increasing growth rate is good for the economy but without growth isn’t. If the repo rate was reduced we would’ve got inflation with some increased growth rate. But now the growth rate hasn't hiked considerably but the retail inflation hits 4 years high says Consumer Price Index (NSO). The retail inflation hits 7.35% and the food inflation hits 14% in the month of December. The hike in retail inflation was shared by the telecom operators as their top-up package price was increased and mainly due to the food prices which paid the reason for the hike. Onion price was nearing ₹180 and it was the most obvious reason. Will the inflation decrease in the mon...
Post a Comment
Read more

THE BLOOD BEHIND THE BEAUTY - FOETUS IN COSMECEUTICALS

By
This article is written by inspiration from the movie “Yashoda” starring Samantha, until watching it, I hardly would have thought the link between fetus  and cosmeceuticals. Aftermath of the movie, curiosity peeped in, to know the truth value of facts shown on the screen. So, here is my perception about the film (Yashoda) concerning utilization  of fetus  in beauty creams. What has been shown in the movie? An institute called Eva, braced by the Central Minister and his associates which targets poor women for making them as surrogates (by fulfilling their monetary needs) to celebrities and huge barons of the society. When those women successfully complete their first trimester, they are handed over to the reticent institute, through the assistance of local hospitals wherein they are sumptuously taken care with all the facilities, but those women are getting widely disconnected from the outside world. Once, they reach their third trimester, they are induced with false p...
1 comment
Read more

Co-Op Banks under RBI

By
Cabinet committee has promulgated an ordinance to bring around 1500 cooperative banks under the supervision of RBI. This announcement is expected since the scams exposed in the Punjab and Maharashtra Cooperative Bank last year. The cooperative banks (State and other) are scheduled banks under RBI Act that should submit Cash Reserve Ratio to RBI but doesn't have supervision by RBI in their CEO appointments, auditing and lending ratio. The purpose of the formation of cooperative societies or banks is to serve a small or rural community by the community itself. These banks were the alternative to other commercial banks that denies access to the downtrodden section of the society. But these cooperative banks were not functioning as they wanted to. Since there is no auditing and interference by the central bank, corruption and bribery were increased in these banks. Banks instead of proving loans to the needy, they ended providing a large part of its loans to a single party or a smal...
Post a Comment
Read more