US immigration bill to increase H1B visa, but may sound death knell for Indian firms

US immigration bill to increase H1B visa, but may sound death knell for Indian firms

20 April, 2013

The sweeping US immigration bill, likely to be unveiled today, may propose a substantial increase in the much sought after H-1B visa, but the conditions imposed therein, if approved by the Congress, would prove to be a death knell for Indian-American companies.

The bill moved after months of closed-door meetings by a group of eight bipartisan lawmakers, known as the Gang of Eight, aimed at striking a balance between enforcement provisions sought by Republicans as well as Democrats, including making citizenship widely accessible to those illegally in America.

Given that has a large pool of such IT professionals, analysts say any increase in the H-1B visas finally end up benefiting the Indian IT professionals, but unlike in the present …

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