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US Would Look into Indias Concerns on Visa Fee Matter

February 2016, 09
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US President Barack Obama has assured the Indian Prime Minister that the US administration will quickly look into the visa fee matter. The Indian Prime Minister had a telephonic discussion with Obama soon after the US President had signed a regulation, in the month of December. 

Both the leaders had discussed on some of the important issues, and that also include regarding the visa fee, and the US President Obama has given assurance to the Indian Prime Minister that the US government would quickly look what best could be done under this situation for limiting affect on the Indian IT industry.

According to Nasscom, the financial affect by the visa fee decision on the technology sector of India will be around $400 million per year.

Indian technology companies would be largely affected by this decision as it is the leading user of H-1B visas and is also among leading users of L1 visas. CII also termed the visa fee as discriminatory and penalizing and was targeted towards India and Indian technology firms.

As per Nasscom information, because of the shortage of skills in the US, unemployment in the technology sector of the US is less than ever before. It is not true that the overseas talent is being recruited at fewer salaries; the Indian tech sector pays equal salaries to the US citizens and overseas employees.   

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