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Suspension of H-1B, non-immigrant visa program is a big blow

WASHINGTON: The suspension of H-1B and other non-immigrants visa by President Donald Trump is a big blow to the US industry and will undoubtedly impact the already fragile economic recovery process in the country, an India-centric American business advocacy group said on Tuesday. President Trump on Monday issued the proclamation to temporarily suspend a number of popular non-immigrant visas, including the H-1B, H4, H-2B visa, J and L visas. It will come into effect from June 24. The proclamation also extends till the end of the year his previous executive order that had banned issuing of new green cards of lawful permanent residency. The US-India Strategic Partnership Forum President and CEO, Mukesh Aghi, in fact, urged the Trump Administration to strengthen the program by increasing the number allotted visas and by tightening the existing loopholes in the program. "Coming on the heels of the COVID crisis, the suspension of the non-immigrant visa program is a big blow to the US industry and will undoubtedly impact the already fragile economic recovery process here in the US. It also has the potential to do permanent damage to the US's reputation of attracting the best and the brightest,” Aghi said. In today's uncertain economic times, stability and predictability in the non-immigrant visa programs will ensure that businesses 7/16/2020 Suspension of H-1B, non-immigrant visa program is a big blow to US industry: USISPF - Times of India https://timesofindia.indiatimes.com/business/international-business/suspension-of-h-1b-non-immigrant-visa-program-is-a-big-blow-to-us-industry-usispf/articleshowprint/76538322.cms 2/3 can operate with the continuity they need to meet their obligations and contribute to America's economic strength, innovation, and competitiveness, he asserted. Temporary workers add tremendous value to the US economy, bringing necessary skills and expertise to supplement the US workforce. They add to America's competitiveness, not detract from it. Temporary workers also contribute to the local economies they work and reside in by spending in local stores and paying taxes, he argued. Aghi said entrepreneurial immigration in the US-India corridor creates win-win opportunities for both countries. In a recent survey, a sample of 12 Indian-born startups showed they created 634 high-paying jobs in the United States, and over 6,200 jobs worldwide. For every H1/ L1 visa issued to these startups, they created 40 jobs in the United States at a median income of USD175,000. "We therefore urge the US administration to strengthen the program by increasing the number of allotted visas and by tightening the existing loopholes in the program,” Aghi said, a day after Trump issued a proclamation to suspend issuing of H1B visas, which is popular among Indian IT professionals, along with other foreign work visas for the rest of the year


For more information: https://timesofindia.indiatimes.com/business/international-business/suspension-of-h-1b-non-immigrant-visa-program-is-a-big-blow-to-us-industry-usispf/articleshowprint/76538322.cms


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