India Abroad

Raising H-1B Issue In US, Jaitley Says Indian IT Professionals Deserve A Different Treatment

DIVYIA ASTHANA | 0
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| October 15 , 2017 , 17:34 IST

Union Finance Minister Arun Jaitley, currently in New York to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank raised the issue of the crackdown on H-1B visas with the US authorities, saying that Indian IT professionals deserve a different treatment.

US President Donald Trump, soon after coming into office in January, announced a crackdown on the H-1B non-immigrant visas that US companies use to employ foreign workers, as a part of his initiative for 'Buy American, Hire American'.

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Jaitley reportedly raised the matter of H-1B visas during his meetings with US Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross.

"Those coming from India on H-1B visas are high value professionals, who contribute immensely to the US economy. They are not illegal economic immigrants, about whom there is concerns in the US. They come here legally," Jaitley said.

"These are very high quality, highly trained professionals. They've contributed immensely to the US economy. They add value to the US economy. Therefore, when the US decides its visa policy they must decide it in relation to these people appropriately," the Union Minister said.

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The crackdown on H-1B visas had a rippling effect through the Indian market, and the campus placements by US companies fell dramatically as well, resulting in job seekers turning to other international locations.

According to data, the US market accounts for around 60 percent of revenue accrued by the Indian IT industry.