Push to take up the tightening of H1B visa rules with US : Assocham to Modi

Vastavam web: Industry association Assocham today urged Prime Minister Narendra Modi to take up the tightening of H1B visa rules with US President Donald Trump during their meeting next week.The chamber said that the prime minister should push India’s case by highlighting that American corporations enjoy liberal market access in India while repatriating profits back home.”Yes, they (US firms) do create jobs for Indians, but also repatriate billions of dollars as profits and India is fine with it.

“Thus, it is absolutely unfair to target Indian firms which are facing increasing pressure in the US through different non-trade measures like visa fee and other unrelated levies,” Assocham said.”It is a matter of concern that in the name of America First, restrictions are sought to be slapped on Indian IT firms, which are creating jobs in the US as well,” it added.The chamber expressed concern over the proposed visa restrictions which will hit Indian IT professionals in the US.