Nasscom talking with US on H-1B curbs

Nasscom talking with US on H-1B curbs
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First Published: Tue, Mar 10 2009. 10 49 PM IST
Updated: Tue, Mar 10 2009. 10 49 PM IST
Bangalore: India’s software lobby group Nasscom said it is working with the US administration to ensure that information technology companies from the country are not hurt in a proposed law that puts restrictions on H-1B visas.
The amendment, in its current form, targeted Indian companies, Nasscom said in a statement.
“We had a healthy discussion with senator Charles Grassley from Iowa, who is spearheading the H-1B legislation, and we will be working with him to ensure that while we apprehend and stop any fraudulent use of H-1B visas, legitimate business users are not affected,” Nasscom said after a delegation visited the US and Europe.
Indian companies used only 11% of the total H-1B visas— which are non-immigrant visas issued to technically qualified foreign workers—in 2008, it added.
The US has shed 4.4 million jobs since December 2007. With increased pressure to protect local jobs in an economy on a downswing, the country has brought in protectionist measures such as a proposed plan to cut tax breaks for firms shipping jobs overseas and reduction of H-1B visas.
“Measures such as closing borders for trade and promoting protectionism presents a serious risk to the world economy today. Nothing should be done which seem attractive and populist in the short term, but will have a long-term, negative impact,” Nasscom said.
PTI contributed to this story.
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First Published: Tue, Mar 10 2009. 10 49 PM IST
More Topics: Nasscom | US | H-1B | Visas | India |