• Thursday, April 25, 2024

Business

Indian IT sector warns against US visa bill

Vikas Swarup, spokesman for India’s Ministry of External Affairs

By: Eastern Eye Staff

India’s IT lobby warned on Tuesday that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a U.S. labour shortage in technology and engineering. Industry lobby group Nasscom was responding to a bill introduced by Congresswoman Zoe Lofgren, a Democrat from California, that would double the minimum salary required for holders of H-1B visas to $130,000 and determine how many of the visas were allocated, based on factors such as overall wages. India’s $150 billion information technology sector, led by Tata Consultancy Services, Infosys Ltd and Wipro…

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