What for ?
For reading
my email of yesterday MORNING
What email ?
Law
of Unintended Consequences
What was it about
?
In that email, I pointed out that , instead of
providing jobs to local citizen, his proposed law will replace / displace them
with ROBOTS on the factory floors, all over Karnataka
What makes you
think he read your email ?
Yesterday evening , TV channels announced that Shri
Siddaramaiahji has ordered a STAY of the Act
[ see > Amid
Huge Row, Karnataka Pauses Bill For Reservation In Private Sector Firms ]
What made you
think that if the law was enforced, then factory floor Kannadigas will get
replaced by Korean Robots ?
Simple. A Robot costs anywhere between Rs 30 lakhs to Rs 40 lakhs
But it replaces 5 workers . And it works 3 shifts of 8 hours each – replacing 15 workers
Now each semi-skilled worker costs Rs 3 lakh per year ( wages + benefits ) . So 15
workers cost Rs 45 lakhs / year
This means , an industrialist can recover the cost of
a robot within ONE YEAR
Imagine a PAY-BACK
PERIOD of just one year ! - sure
way to INCENTIVIZE the industrialists !
Do you see any
other “ Consequences “ ( Un-intended ? ) if this draconian law was implemented ?
Yes .
Ø
To become popular, this might “ force “ governments of other
Indian States to enact similar laws
Ø
Every State introducing “ WORK PERMITS “ ( equivalent to US H1-B Visas ) for citizen of other States
Ø
Every time I visit Bengaluru , I will
need to go through IMMIGRATION , and get my passport endorsed with a TOURIST VISA ( valid for 7 days and available on
arrival ). Mercifully , for this, I do not need to prove that I am fluent in
Kannada language !
OK . Agree that all of this sounds scary –
nightmarish. But what is your suggestion to create a decent / honest “ Source
of Living “ for 12 million youth joining our work force EACH YEAR ( year
after year ) ?
First :
An honest admission by all the governments that it is just NOT possible to
create these many “ Paid Salaried Jobs “ every
year. Every time, any govt. advertises ANY jobs, at least 100 candidates apply
against ONE vacancy !
Second :
Central Government ( Madam Sitharamanji , please remember to announce
this in your Budget Speech on 23rd ), to enact :
Ø A NEW
ECONOMIC ORDER ? aka " Start Up Act – 2015 ………………. 12 Sept 2015
With regards,
Hemen Parekh
www.My-Teacher.in / 18
July 2024
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