The new US administration proposes to overturn Trump’s stringent immigration policies and replace it with the modern, humane US Citizenship Act, 2021 that will make it easier for the technology sector to recruit Indian professionals for positions in the US.
Contrary to popular perception, it is big US tech giants such as Microsoft, Google, Amazon, et al, that benefit more from the H1B visa program than Indian tech majors. But the recent court order and Biden’s promise of a more foreign worker-friendly visa regime promises to bring cheer to Indian IT professionals.
The US President elect is expected to address multiple issues which will endorse the already solid ties between India and the US. Boosting trade, restoring the H1B visas, regional and global security will be a few of the key points under consideration.
Stricter immigration policies in the US could force US tech majors and other large corporations to outsource many critical functions to foreign locations like India in order to maintain their global competitiveness. This could lead to more work for Indian IT companies and greater employment opportunities for professionals in India.
The Trump administration’s reported move to curb the entry of Indian IT professionals into the US ostensibly to combat rising unemployment could be counterproductive and blunt the technological edge currently enjoyed by American companies.
The Trump administration has adopted punitive measures to weaken India’s justification for barriers owing to its developing economy status. Highlights: The Trump administration has levied steel and aluminium tariffs on India & revoked GSP benefits. India has been the biggest beneficiary of GSP, with over 12 per cent of Indian exports to the US coming under the programme. The USTR’s termination of India’s designation as a beneficiary “developing” country reflects a strategy to weaken India’s justification for barriers owing to [...]
India and the US are likely to sign an agreement to facilitate transfer of sensitive military technology to Indian private sector partners, review the progress of pending Indian defence purchases from the US and look for a way to avoid imposing sanctions on India for buying a Russian missile defence system. Highlights: US and India currently have a strong convergence on strategic worldviews though disagreements on trade between the two countries are at their widest. The US and India are [...]
In pursuit of its America First policy, the Donald Trump administration is turning the trade screws on India. Just when it looked like India and the US had buried their historical differences and overcome decades of mutual distrust, their bilateral trade relationship, arguably the bedrock on which the rest of the geo-strategic edifice rests, is developing large cracks. First came the much tighter norms for issuing H1B visas, the main entry pass used by Indian IT companies to relocate IT [...]
An expert explores some of the alternatives to the harsh H1-B regime in the US open to talented Indian investors. The IT revolution expanded the golden American dream beyond science professionals and brought it within the grasp of millions of young ambitious Indians seeking a better future for themselves. However, changes to immigration rules over the past two-three years in the US has brought this dream to a grinding halt. Slew of adverse H-1B changes in the US The United [...]