The USA seems to have to have found no other means to increase its jobs, has found an easy way out. Forcing people from other countries out of the job, and give preference to the citizens of the USA even if they are not qualified.
A recent report suggests the congressmen are ready to take some tough measures related to H1B Visa rules, which have been stapled immigration route for the Indian IT Professionals since it was launched in the year 1999. While Indian companies have been the biggest beneficiary of this scheme but not without cost.
It is considered safest Route to the American citizenship.Many top CEOs of Indian origin are believed to have employed this route to get their Green Card. Since Trump announced his presidency, he has been keen on buying American and hire American policy.
He even signed an executive order in April for it. Nearly 5 lakh Indian IT Professionals are at potential risk if the current system of the rules is changed. The new rules propose to restrict the misuse and abuse of this category of visa applications, while also changing the rules regarding minimum salary and talent movement.
We might see tougher circumstances in the future regarding the processing of the H1B visa applications. As it was once stopped in the year 2017 but resumed soon after. Nasscom has been actively protesting against any such restrictive laws which may hamper the Indian IT businesses and professionals.
They have said that they are already in talks with US congressman and senators about the issue. If you put restrictions on this kind of visa applications it will lead to adverse impact on the US companies, who will be forced to invest outside the US as reported by Nasscom.
The USA & VISA
While strong protest can only do limited work, it is the time for real work which should bring actions against visa related issues. The constant claim by the USA is that foreigners are taking away American jobs, as Trump promised in his political rally he would give those jobs back to the American people.
It remains to be seen how much of that is true since person holding H1B pays Federal Government taxes too. The key concern is for an applicant whose Green Card application is pending, and according to the rules, a 60 day grace period is allowed if your employer is not sponsoring you. But, what happens in practice is that until the green card application is pending, applicant stays in the united states.
Mahindra & Mahindra chairman Anand Mahindra raised concern about this visa related issue which may affect IT Businesses such as Infosys, TCS, Wipro, HCL and IBM etc. The IT industry needs H1B Visas to run their businesses as the majority of their clients are in the USA. While the Indian IT companies are the largest beneficiary of the H1B Visa, they merely account for 0.006% of USA labour Force. The US Congress finds a soft target in the form of foreign companies to hide their inability to created jobs for US residents.