Heading: H-1B overhaul: IT firms see prices rise, dearth of expert employees.

Heading: H-1B overhaul: IT firms see prices rise, dearth of expert employees.


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 Heading: H-1B overhaul: IT firms see prices rise, dearth of expert employees.
By:
03 Feb 2017
Politics

NEW DELHI: Indian IT corporations face the chance of upper operational prices and absence of skilful staff with the planned overhaul of fashionable H-1B visa regime by yankee President Donald Trump, resulting in a pointy slide in school stocks and prompting India to convey its issues to the America.

A America legislation that proposes doubling of the minimum wages of H-1B visa holders to $130,000, sent IT stocks plunging+ by 11th of September these days on fears that count expenses can go up hit the sector's gain.

 

Industry body Nasscom conceded that the Lofgren Bill+ contains provisions that will prove "challenging" for the arena. It plans to require a delegation to the America in Feb to fulfill America administration on this issue.


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