Home / bengaluru / ‘Infosys Seems More into Real Estate Than IT’: BJP Leader Arvind Bellad Criticizes Over Job Promise Failures
‘Infosys Seems More into Real Estate Than IT’: BJP Leader Arvind Bellad Criticizes Over Job Promise Failures
By: My India Times
3 minutes read 69Updated At: 2024-12-25

n a heated session of the Karnataka Assembly, BJP Deputy Leader of Opposition Arvind Bellad launched a scathing critique against Infosys, accusing the IT giant of failing to meet its job creation commitments despite receiving large tracts of subsidized land across Karnataka.
The Core Allegation
Bellad didn’t mince his words as he said: “Infosys seems to think it’s in the real estate business rather than IT. They’ve secured prime parcels of subsidized land under the promise of job creation, yet the state has seen little to no return in terms of employment opportunities. Are we running an afforestation program or building careers here?”
Bellad pointed out that while Infosys had pledged thousands of jobs as part of its agreements for land allocations, the reality on the ground tells a different story. This issue was previously raised in February 2024, and the lack of substantial progress continues to frustrate stakeholders.
Mohandas Pai Defends Infosys
Responding to the allegations, Mohandas Pai, the former CFO of Infosys, defended the company's track record.
He highlighted the substantial economic and technological advancements that Infosys has contributed to Karnataka, which include:
- Advanced infrastructure within IT parks.
- Commitment to talent enhancement and development programs.
- Indirect job creation through ancillary industries and services.
"It’s unjust to dismiss the immense contributions Infosys has made to Karnataka’s economy and its standing in the global tech landscape. Their investments and infrastructure keep having an impact on the entire state.said Pai.
The Real Issue: Land vs Jobs
At the heart of Bellad’s criticism lies a key question of accountability. Subsidized land was granted with the expectation of generating large-scale employment. However, many such lands reportedly remain underdeveloped or utilized for purposes beyond their original intent.
The question of whether IT behemoths are upholding their social obligations to the government or are just profiting from profitable real estate transactions has been raised by this.
An Expanded Discussion on Corporate Social Responsibility
A crucial question is brought up by the discussion: Are businesses using government incentives for the intended purpose?
While Infosys remains one of India’s most respected IT firms, the gap between promised employment numbers and actual results has brought corporate accountability into sharp focus.
What Comes Next?
With this issue gaining traction in the assembly, both political leaders and corporate stakeholders will need to find common ground. Policies around land allocation, corporate commitments, and accountability measures are expected to undergo greater scrutiny in the coming months.
The Road Ahead
For Karnataka to maintain its status as India’s premier IT hub, both the government and corporate entities will need to collaborate transparently. Ensuring that promises translate into measurable outcomes will be crucial in fostering public trust and driving sustainable growth.
As the debate unfolds, all eyes will remain on Infosys and the government to see how this issue is resolved. Stay tuned for further updates on this critical story! ?
....n a heated session of the Karnataka Assembly, BJP Deputy Leader of Opposition Arvind Bellad launched a scathing critique against Infosys, accusing the IT giant of failing to meet its job creation commitments despite receiving large tracts of subsidized land across Karnataka.
The Core Allegation
Bellad didn’t mince his words as he said: “Infosys seems to think it’s in the real estate business rather than IT. They’ve secured prime parcels of subsidized land under the promise of job creation, yet the state has seen little to no return in terms of employment opportunities. Are we running an afforestation program or building careers here?”
Bellad pointed out that while Infosys had pledged thousands of jobs as part of its agreements for land allocations, the reality on the ground tells a different story. This issue was previously raised in February 2024, and the lack of substantial progress continues to frustrate stakeholders.
Mohandas Pai Defends Infosys
Responding to the allegations, Mohandas Pai, the former CFO of Infosys, defended the company's track record.
He highlighted the substantial economic and technological advancements that Infosys has contributed to Karnataka, which include:
- Advanced infrastructure within IT parks.
- Commitment to talent enhancement and development programs.
- Indirect job creation through ancillary industries and services.
"It’s unjust to dismiss the immense contributions Infosys has made to Karnataka’s economy and its standing in the global tech landscape. Their investments and infrastructure keep having an impact on the entire state.said Pai.
The Real Issue: Land vs Jobs
At the heart of Bellad’s criticism lies a key question of accountability. Subsidized land was granted with the expectation of generating large-scale employment. However, many such lands reportedly remain underdeveloped or utilized for purposes beyond their original intent.
The question of whether IT behemoths are upholding their social obligations to the government or are just profiting from profitable real estate transactions has been raised by this.
An Expanded Discussion on Corporate Social Responsibility
A crucial question is brought up by the discussion: Are businesses using government incentives for the intended purpose?
While Infosys remains one of India’s most respected IT firms, the gap between promised employment numbers and actual results has brought corporate accountability into sharp focus.
What Comes Next?
With this issue gaining traction in the assembly, both political leaders and corporate stakeholders will need to find common ground. Policies around land allocation, corporate commitments, and accountability measures are expected to undergo greater scrutiny in the coming months.
The Road Ahead
For Karnataka to maintain its status as India’s premier IT hub, both the government and corporate entities will need to collaborate transparently. Ensuring that promises translate into measurable outcomes will be crucial in fostering public trust and driving sustainable growth.
As the debate unfolds, all eyes will remain on Infosys and the government to see how this issue is resolved. Stay tuned for further updates on this critical story! ?
By: My India Times
Updated At: 2024-12-25
Tags: bengaluru News | My India Times News | Trending News | Travel News
Join our WhatsApp Channel
