PhonePe CEO Sameer Nigam slams Karnataka’s private sector quota bill: ‘ My kids don’t deserve jobs in their home city?’

PhonePe CEO and co-founder Sameer Nigam took to X to voice his dissatisfaction with the Karnataka government’s private jobs quota bill for locals. The controversial bill stated that 50% of all management jobs and 70% of all non-management jobs in private companies are to be reserved for locals. However, it has been put on hold after receiving severe backlash.

“I am 46 years old. Never lived in a state for 15+ yrs. 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?” Nigam wrote in his post. He shared the X post before the government decided to put the bill on hold.