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Two New Bill's introduced apart from H-1B to test patience of the Indian IT-Sectors

 2017-02-04 17:55:19.0

Two New Bill

NEW DELHI: The Indian IT-industry new have more to worry about apart from the H-1B visa Bill. The United States Congress have introduced two new legislations over the past two weeks that can hit the domestic tech sector's prospects.

The H-1B visa Bill seeks more than double the maximum wage of an H-1B visa holder to $130,000 , the 'End Outsourcing Act' asks for a ban on outsourcing by states.

Another is a 2007 Bill that has been reintroduced by Senators Chuck Grassley and Dick Durbin long time supporter of work visa reform.

This Bill seeks to revamp of the H-1B visa programme. This comes even as a buzz that an executive order that reforms the H-1B programme is still alive.

The Senate Judiciary announced on the former's website that they will introduce the legislation to "priorities American workers and restore fairness" I visa programme.

"Congress created these programme to complement America's high-skilled workforce, not replace it," Senate Chuck Grassley said.

Grassley add that some companies are trying to exploite the programmes by cutting American workers for cheaper labour. The introduced on January 20, aims to give preference for talented foreign students educated in the US for H-1B visas.

Meanwhile, three Senate democratis – Joe Donnelly along with Senator Sherrod Brown and Senator Kristen Gillibrand – on January 30 introduced the "End Outsourcing Act".

The Legislation seeks that companies that outsource jobs should not be subsided by US taxpayers and also be disallowed to do business with the US government.

"We should encourage business to invest here and make sure tax-payers funded contracts are awarded to companies that employ American workers," Brown said in a statement.

While on Monday when Democrat Zoe Lofgren – who presents a Congressional district in California that includes Silicon Valley –introduced 'The High-Skilled Integrity and Fairness Act of 2017', which proposes a skill and wage- based system for allocation of H-1B visas and doubling the wage to $130,000, stock of major Indian Software expores such Infosys, Wipro and Tata Consultanciesservices nose-dived, with five IT stock losing about Rs.33,000 crore in market value.

Meanwhile , the Ministry of External Affairs has downplayed the impact. Asserting the no executive order has been passed by the Trump Administration for overhauling of H-1B visas so far , a government spokesman said the country will not "prejuduce" the outcome of the three private Bills raised in this regard when they go through the full Congressional process.


NEW DELHI: The Indian IT-industry new have more to worry about apart from the H-1B visa Bill. The United States Congress have introduced two new legislations over the past two weeks that can hit the domestic tech sector's prospects.

The H-1B visa Bill seeks more than double the maximum wage of an H-1B visa holder to $130,000 , the 'End Outsourcing Act' asks for a ban on outsourcing by states.

Another is a 2007 Bill that has been reintroduced by Senators Chuck Grassley and Dick Durbin long time supporter of work visa reform.

This Bill seeks to revamp of the H-1B visa programme. This comes even as a buzz that an executive order that reforms the H-1B programme is still alive.

The Senate Judiciary announced on the former's website that they will introduce the legislation to "priorities American workers and restore fairness" I visa programme.

"Congress created these programmes to complement America's high-skilled workforce, not replace it," Senate Chuck Grassley said.

Grassley add that some companies are trying to exploite the programme by cutting American workers for cheaper labour. The introduced on January 20, aims to give preference for talented foreign students educated in the US for H-1B visas.

Meanwhile, three Senate democratis – Joe Donnelly along with Senator Sherrod Brown and Senator Kristen Gillibrand – on January 30 introduced the "End Outsourcing Act".

The Legislation seeks that companies that outsource jobs should not be subsided by US taxpayers and also be disallowed to do business with the US government.

"We should encourage business to invest here and make sure tax-payers funded contracts are awarded to companies that employ American workers," Brown said in a statement.

While on Monday when Democrat Zoe Lofgren – who presents a Congressional district in California that includes Silicon Valley –introduced 'The High-Skilled Integrity and Fairness Act of 2017', which proposes a skill and wage- based system for allocation of H-1B visas and doubling the wage to $130,000, stock of major Indian Software expores such Infosys, Wipro and Tata Consultanciesservices nose-dived, with five IT stock losing about Rs.33,000 crore in market value.

Meanwhile , the Ministry of External Affairs has downplayed the impact. Asserting the no executive order has been passed by the Trump Administration for overhauling of H-1B visas so far , a government spokesman said the country will not "prejuduce" the outcome of the three private Bills raised in this regard when they go through the full Congressional process.

The MEA spokesperson said that "No execution order has been signed so far".