Tech companies depend on the 85,000 workers allowed into US annually under the H1B visa programme
Commerce minister to meet IT firms after February 9
Commerce Minister Nirmala Sitharaman to meet IT firms after February 9
She adds that India is closely monitoring the developments and is constantly in touch with officials in the US
If work visas aren't given then countries like Canada may benefit, the former CIA director said
Shalabh 'Shalli' Kumar, head of the Republican Hindu Coalition told reporters at a conference
IT companies are India Inc's biggest foreign exchange earners
Numbers suggest that tech MNCs are applying for more H1B visas than Indian IT companies
MEA has said India's concerns on the issue have been conveyed both to the US administration
The 2017 H1B Report is a decent indicator of how the Indian IT and American IT companies were placed
New bill at US House of Representatives mandates minimum wages of H1B visa holders at $130,000
Calls to double the minimum salary of H1B visa holders to $130,000
Indian IT service providers will have to focus on more local hiring if the Bill gets implemented
Proposed new bill would want workers holding H1B visas to earn $100,000, up from $60,000 currently
The bill among other things increases the minimum salary of H-1B visa to $1,00,000 per annum
A report has warned American lawmakers that if the dispute moves to formal settlement phase it could possibly result in a WTO-authorised trade retaliation against the US
Chairman CP Gurnani said companies would use the tool to get products and services delivered