Immigration Bill To Hurt Indian IT Badly: USIBC
Washington: The landmark immigration reforms bill, which has been passed by the US Senate, would have an adverse impact on the global competitiveness of US companies and badly hit Indian IT companies, a top American business advocacy organization has said.
These concerns arise mainly because the bill retains several killer provisions, particularly those related to the H-1B visas, which allow US employers to temporarily employ foreign workers in specialty occupations.
"The Bill unfairly targets American companies trying to remain globally competitive by reducing their ability to contract with global IT service providers and restricting their access to the international expertise they need," USIBC president Ron Somers told PTI.
"Such restrictions could stifle US innovation, slow local job creation and force companies to move jobs overseas," Somers warned after the Senate passed the bill, which was hailed by President Barack Obama as bringing one closer to fixing the broken immigration system.
Early this month, USIBC had announced the establishment of the Coalition for Jobs & Growth to help ensure that American businesses of all types have access to the international expertise they need to continue to drive forward economic growth and job creation.
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