Chidambaram flags Indian concerns over H1B visas

Image
IANS Washington
Last Updated : Apr 20 2013 | 7:35 PM IST

Washington, April 20 (IANS) Finance Minister P Chidambaram has flagged to the US Indian concerns over the proposed "discriminatory" fee hike for HiB visas coveted by Indian techies, saying "knowledge workers" should not be confused with immigrants.

The minister, who is here to attend the annual International Monetary Fund-World Bank spring meeting, flagged Indian concerns at a meeting Friday with new US Treasury Secretary Jack Lew as they did a "tour of the horizon" of issues between the two countries.

While the Indian embassy here and the departments concerned would "carefully go through the bill" running into 840 pages "there are some provisions related to the H-1B and L1 visas which require a higher application fee if a certain threshold is crossed in employing Indians on site," he told reporters here.

Noting that the bill proposed by the Senate Gang of Eight is of immigration, Chidambaram said he told Lew that "temporary relocation of knowledge workers on site to service a client should not be confused with immigration".

"I hope the point is taken," he said.

Chidambram said he had also proposed that the next India-US Economic Dialogue be held in Washington along with CEO's Forum meeting on July 11 and 12. The US has not confirmed the dates yet.

The Confederation of Indian Industry (CII) has also voiced concern that the H1B visas provision "would be against the interests of Indian companies and create an unequal playing field for them".

Urging the US Congress to reject "such discriminatory provisions," CII Director General Chandrajit Banerjee has said: "Action specifically targeting Indian companies would not be in accord with our growing strategic partnership."

(Arun Kumar can be contacted at arun.kumar@ians.in)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 20 2013 | 7:24 PM IST

Next Story