Former US Ambassador Tim Romer has said that the plan by President Donald Trump to impose a new and heavy H-1B visa fee on Indians, can once again become an issue of talks after the Indo-US trade agreement. This step of the Trump administration has come amid strictness on immigration, which will have a profound impact on Indian IT companies and skilled professionals. The US has already increased 50% tariff and now the proposed 1 million visa fee can make American dreams difficult for Indian students and professionals. However, India is currently studying the impact of this decision.

In a conversation with NDTV, Romer admitted that the step could interrupt the relationship between the two countries, but hoped that the visa issue would be reconsidered after the business talks proceed. He also said that it is possible that the court or the US Congress should stop this decision, because the Congress has the right to decide the number of H-1B visas.

Romer said this big thing

He insisted that giving H-1B visas to Indian students and professionals is also beneficial for America. These students start new companies in the US by acquiring PhD and jobs, which are called ‘Unicorns’ and they create hundreds of thousands of jobs.

Citing a study, Romer said that about 25% of the new technology jobs are made by students of Indian origin, who later become CEOs and strengthen the American economy.

India has also been emphasizing the aspect that H-1B visa holders strengthen innovation, technological development and people’s relations with people. The Ministry of External Affairs said that policies will be evaluated keeping in mind the benefits.

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Nasscom on h-1b visa fee hike: Trump’s decree to increase the H1B visa fee has increased the concern of the Indian IT industry. India’s top IT industry body NASSCOM said on the decision to $ 100,000 annually to H1B visa fees that it could have a direct impact on the global operations of Indian IT services companies. Along with this, thousands of professionals working in America may face uncertainty.

Nascom alert

The top body of the IT industry also expressed concern over the time limit of 21 September to implement this increased amount. Nascom said that a day-long time-limit creates a lot of uncertainty for businesses, professionals and students around the world.

According to a statement, this move of America will affect Indian citizens who work for global and Indian companies. It further said, “We are reviewing the fine details of the order. This type of adjustment can affect America’s innovation ecosystem and comprehensive employment economy. ”

Question on the deadline of one day

NASCOM also said that India’s IT services companies would be affected, while commercial continuity will be interrupted for projects going on abroad that may require adjustment. According to NASCOM, sufficient time should be given for policy changes of this scale, which will help organizations and individuals to effectively plan and reduce disruption.

The statement said that high-skill talent is important for the American economy to speed up innovation, competitiveness and growth. This is especially important at a time when progress in artificial intelligence (AI) and other leading techniques is ready to define global competitiveness.

Also read: Trump again gave a shock! Increased H-1B visa fee, what will be affected on Indians