PhonePe CEO Sameer Nigam has openly criticized Karnataka's private sector quota bill, which has sparked a heated debate over job reservations for locals. The controversial bill, now put on hold following significant backlash, proposed reserving 50% of management jobs and 70% of non-management roles for locals in the private sector.

Nigam's Public Discontent

Sameer Nigam expressed his concerns on the microblogging platform X (formerly known as Twitter). He condemned the bill, arguing that it undermines the right to work anywhere in India and pointing out the substantial contributions of Bangalore to Karnataka’s development. Nigam shared his personal story, citing his father’s service in the Indian Navy, which involved postings across the country, and questioning whether his children should be denied job opportunities in Karnataka.

 

Key Points from Nigam's Post

In his X post, Nigam stated: "I am 46 years old. Never lived in a state for 15+ years. My father worked in the Indian Navy. Got posted all over the country. His kids don't deserve jobs in Karnataka? I build companies. Have created 25000+ jobs across India! My kids don’t deserve jobs in their home city? Shame."

 

Public Reaction and Nigam’s Response

Nigam’s post elicited a variety of responses. One user suggested that non-Kannada speakers simply need to learn the local language to secure jobs in Karnataka. Nigam replied: "Karnataka is not only for Kannada-speaking people. Get it? I can work wherever I want in India. I can learn any language that I want to. The constitution of India gives me these rights. IT'S MY CHOICE. Get the hue and cry."

Another user speculated that the tech industry might move out of Bangalore due to the bill. Nigam responded, expressing his hope that this would not happen and emphasizing Bangalore’s significant contribution to the state’s economy: "I don't think so. I truly hope not. Bangalore is a lovely city! Fact is that Bangalore has contributed massively to the state exchequer, which in turn funds a lot of Karnataka's overall state development and GDP."

The Impact on the Tech Industry

The proposed quota bill has stirred concerns within the tech industry, which is a major contributor to Bangalore’s economy. Critics argue that such a policy could deter talent from other parts of India and potentially disrupt the industry’s growth. The debate continues as stakeholders weigh the potential benefits of local job reservations against the broader implications for the state's economic health.

 

Conclusion

The controversy surrounding Karnataka’s private sector quota bill highlights the ongoing tension between local job reservations and the right to work anywhere in India. As the debate unfolds, the tech industry watches closely, mindful of the potential impact on Bangalore’s status as a leading tech hub. Nigam’s outspoken criticism underscores the broader concerns of business leaders about policies that could affect their ability to operate and thrive in Karnataka.