90 days of Notice period in IT is harming industry and needs to be reduced to 30 days.

90 days of Notice period in IT is harming industry and needs to be reduced to 30 days.

90 days of notice period in IT and ITes industry is cruel and creating a situation of bondage labour in India.
I have served software industry in leadership positions for many years now.
I personally know of many cases where people were not even getting interview calls because of their long notice period. They had to resign without having any offer in hand just to make themselves eligible for interviews. Imagine the stress and anxiety these people would go thru.
It is also causing huge productivity loss for the industry because when people are checked out how can they focus on work for 90 long days?
The long notice period is not helping our startups ecosystem because they are not able to find right talent quickly and at the same time employees are losing opportunities.
The 90 days of notice period is creating an artificial barrier for people to switch jobs nothing else.
India IT industry mostly serves US IT industry which has an "At will" employment policy. So there is no justification why Indian IT companies have 90 days as their notice period.
The same companies who have 90 days as their notice period expect people to join in less than 30 days which is just not fair. It is also a breach of equal employment opportunity act where people with 90 days of notice period are not invited for interviews.
Mr. Minister, we humbly request you to look into this issue and bring down notice period to 30 days which is more than enough to do a smooth transition. This will help Indian IT industry achive its potential.