There is a continuous decline in the Indian rupee and its effect is visible on every sector. But amidst this decline, an interesting thing has come to light which is no less than a hidden bonus for Indians working in America and those earning in dollars. Even though there has not been a single dollar increment in his salary, its price in India has become higher than before. Many people think that the weakness of rupee means only loss, but for those getting salary in dollars, this weakness makes their earnings stronger.

What actually happens is that when the value of rupee falls against the dollar, for exchanging one dollar one gets more rupees than before. Suppose earlier the price of one dollar was 80 rupees and now it has increased to 90 rupees, then at such a time the salary of Indians living and working in America in dollars remains the same, but if the same money is sent to India or converted into Indian rupees, then the amount becomes much higher. Due to this, his family sitting in India also gets a big benefit and their income increases in rupees without any salary hike.

If the salary of an Indian is $ 5,000 per month, then when the dollar was equal to Rs 80, then the cost of his salary in India was Rs 4 lakh. But if the dollar has reached Rs 90, then the same salary now becomes Rs 4 lakh 50 thousand. That is, without the increase of even a single dollar, there was a profit of Rs 50 thousand just by changing the exchange rate. This is why many NRI families consider the rupee’s depreciation as a kind of economic bonus, because the amount coming to their house becomes more than before.

How much amount are you getting?

Many people manage their family expenses, school fees, healthcare, EMIs and investments with this money. An NRI sends $1,000 to his family every month, so when the dollar was Rs 80, the family received Rs 80,000. But now if the dollar becomes worth Rs 90, then the same amount will increase to Rs 90,000. That means the family gets an additional amount of Rs 10,000, that too without any extra effort or work.

they also benefit

This benefit is not only available to Indians working in America, but also to millions of freelancers and remote workers who work for American companies or clients in India. Today in India, a large number of people are getting paid in dollars in many fields like IT, design, content writing, digital marketing, app development. The weakening of the rupee directly becomes an opportunity for all of them to earn more. If a freelancer got $200 for a project, earlier it was equivalent to Rs 16,000. But now the same project can give him up to Rs 18,000.

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The administration of US President Donald Trump has made major changes in the visa rules. Under the new order, people doing work like fact-checking, content moderation, online safety, trust and safety or compliance will not be allowed to enter America. This instruction has been issued through a memo of the State Department, information about which has been given by Reuters. It is believed that this decision will impact the tech sector employees the most and especially those applying from countries like India.

Digital profile will now be checked in visa process
The new rules state that visa officers will now have to check the professional background, job responsibilities, LinkedIn profile and social media activities of the applicants. If a person’s work is found to be related to any area that the administration considers to be a restriction on freedom of expression or censorship, his visa will be rejected.

Most severe impact on H-1B applicants
Although this rule will apply to all visa categories, including journalists, tourists and job seekers, the biggest impact will be on H-1B visas. This visa is usually given to engineers, analysts and those working in digital roles working in tech companies, and a large number of them are Indians.

These people will also be affected
Experts say that due to this policy, those people who work in important and sensitive areas like protecting children online, stopping cyber bullying, monitoring hate speech or preventing sexual crimes on the internet will also be affected. Governments in many countries are implementing online security laws, and the job of such professionals is to protect people, not censorship, but now they may face difficulties in traveling to America.

Trump administration called this decision a protection of expression
The Trump administration has described this step as protecting the freedom of expression of American citizens. A State Department spokesperson said that the government will not welcome such foreign employees to America who come there and work to suppress the voices of American citizens on social media and online platforms. He said that doing so would be harmful for American society.

Experts said- it is wrong to consider censorship and security the same
Experts working with trust and safety teams in tech companies have expressed concern over this decision. Expert Alice Gogan Hunsberger said that the job of Trust and Safety is to protect people and it is very wrong to call it censorship. He said that this work plays a very important role in protecting children from online sexual exploitation, preventing fraud, scams and online blackmailing.

There have been restrictions on press and visas before too.
The Trump administration has already banned the visas of many journalists this year. Apart from this, information related to climate change was removed from government websites, entry of journalists was banned during press briefings and legal action was also taken against media institutions.