Nearly 100,000 skilled Indian workers' prospects of living the American dream may turn sour with the US Congress barring firms that received bailout money from hiring foreigners through HI-B visa programme if they replace the US citizens. However, the move might not affect outsourcing of jobs to India.
Estimates suggest that there are 100,000 Indian nationals among the 163,000 from across the world that had applied for the skilled worker visa in FY2009.
The US has capped the H1-B visa at 65,000 a year, out of which 40,000-45,000 generally goes to Indian professionals, mostly from the IT industry. Restricting hiring of H1-B visa holders forms part of American Recovery and Reinvestment Act, widely known as the stimulus bill, that was passed by the Congress.
Do you think that the provision to restrict hiring of H1-B visa holders would deprive the US of the best global talent?
Cutting visas for high-skilled immigrants is not the answer to the rising unemployment rate in USA and may undermine efforts to spur technological innovation. Do you agree?
Estimates suggest that there are 100,000 Indian nationals among the 163,000 from across the world that had applied for the skilled worker visa in FY2009.
The US has capped the H1-B visa at 65,000 a year, out of which 40,000-45,000 generally goes to Indian professionals, mostly from the IT industry. Restricting hiring of H1-B visa holders forms part of American Recovery and Reinvestment Act, widely known as the stimulus bill, that was passed by the Congress.
Do you think that the provision to restrict hiring of H1-B visa holders would deprive the US of the best global talent?
Cutting visas for high-skilled immigrants is not the answer to the rising unemployment rate in USA and may undermine efforts to spur technological innovation. Do you agree?