For the past few months, the business relations between the US and India has soured to some extent with the main reason being the alleged decision of the former to restrict the entry of the Indian professionals and hike the visa costs for the US immigration, allegedly to protect its local workers and economy.
But a not-too-amused India has decided to air its reservations and raise the matter at the highest levels. No wonder, in the background of the recent augmentation in the visa cost by the US, the Indian administration has reportedly stated that it is dead against prejudice towards the professionals from India, looking for a job in the developing IT business in the US.
Ravi Shankar Prasad--the in-office Indian Telecom and IT Minister—reportedly proclaimed in the Lok Sabha, through Question Hour, that there ought to be no bias in giving permission to the Indian IT specialists from working in the rising business in the US.
While replying to supplementaries, he stated that Narendra Modi--the Prime Minister--has taken up the subject of the H-1B and L1 Visa cost increase at the highest level with Washington DC even as the same will also be raised at the trade negotiations.
In his written reply, Prasad indicated that as per the National Association of Software and Services Company (NASSCOM), the effect of the US Visa charge increase on the Indian IT groups is estimated to be nearly 400 million dollars every year. The evaluation comprises both new petitions & extensions.
But, Washington DC has notified that presently extensions are not covered, and so the estimated effect of the US Visa charge increase on the new petitions alone would be nearly 200 million dollars.
As per the NASSCOM, at present, close-to 0.6 million Indian IT experts are professionally engaged in the US.