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US Bill to bar Indian cos from hiring on H-1B visas
A legislation has been introduced in the House of Representatives by a bipartisan group of US lawmakers which if passed by the Congress would prevent Indian companies from hiring IT professionals on H-1B and L1 visas.
Washington: A legislation has been introduced in the House of Representatives by a bipartisan group of US lawmakers which if passed by the Congress would prevent Indian companies from hiring IT professionals on H-1B and L1 visas.
The 'H-1B and L-1 Visa Reform Act of 2016' introduced by New Jersey's Democratic Congressman Bill Pascrell and Republican Dana Rohrabacher from California would prohibit firms from hiring H-1B employees if they employ more than 50 people and over 50 per cent of their staff are H-1B and L-1 visa holders.
Since the revenue model of a majority of big Indian IT companies is heavily dependent on H-1B and L1 visas, such a bill is likely to have a major impact on their businesses. Notably, the sponsors of the Bill come from the two US states having the maximum concentration of Indian-Americans.
