Immigration Bill To Damage Indian IT Cos & U.S. Competitiveness: Ajay Banga, Mastercard


US and Indian companies that bring temporary IT personnel to American businesses when such trained professionals are in short supply domestically provide a critical service in the US marketplace - there is no reason for government policy to differentiate between any two IT companies that compete to provide essentially the same services in essentially the same ways with essentially the same labour pool, he argued.

"High-skilled workers play a major role in the US economy today. They work for our biggest job creators, are often entrepreneurs themselves and are directly contributing to the innovative companies that will employ Americans for generations to come," he said.

"Until the US can produce sufficient numbers of skilled professionals domestically, the reality is that talent must be sourced from around the globe so our companies can continue to compete successfully on the global stage," Banga added.

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Source: PTI