RESERVATION IN JOBS NOT GOOD: BODY

New Delhi, Nov. 13: Any move to introduce job reservation in the private sector will hit India’s investment climate and political parties must avoid sending “wrong signals” to investors, Assocham said on Monday.

At a time when the economy is seeking positive triggers for growth revival, any political narrative on reservation in the private sector would bring in a big blow, it said. “Batting surely for affirmative action, India Inc is opposed to negate the perception advantage given by a jump in the World Bank Ease of Doing Business Index,” the body added.

Assocham said the industry is already tackling the challenges from the roll out of the GST along with the shortterm impact of demonetisation.

These comments come amid several political leaders advocating job reservations for SC/ST in the private sector.

The Lok Janshakti Party, led by Union minister Ram Vilas Paswan, recently demanded job reservations in private firms.