US Border Security Bill: Indian IT Lashes Out!
The Indian IT Industry has raised its concerns against the discriminatory nature of the $600 million US Border Security Bill . Would it affect Obama's India visit in November this year? There are millions of Indians working in the US on H1-B and L-1 visas. However things seem to get murkier for the Indian IT immigrants with the US Congress approving the Border Security Bill, just months before the US elections. What seems to be the pain point for the Indian IT Industry especially is that this bill has steeply increases the work visa fees mainly used by Indian IT firms. The hike in visa fees could actually cost Indian IT firms a whooping $250 million annually. The new fees may discourage some firms from hiring talent that Indian tech firms might need to innovate, expand and ultimately create more jobs. Nasscom has come out very strongly supporting the Indian IT industry and condemning this bill. Nasscom lashed out on the comments of the Senator Charles Schumer stating that th...