GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
2-min read

Restricting Work Rights for H-1B Spouses a Dampener: Nasscom

IT industry body Nasscom on Wednesday said any move to restrict work rights for spouses of H-1B visa holders may dampen the enthusiasm of tech professionals to go on such visas, but will not directly impact the industry.

Press Trust Of India

Updated:March 8, 2017, 10:23 PM IST
facebookTwittergoogleskypewhatsapp
Restricting Work Rights for H-1B Spouses a Dampener: Nasscom
NASSCOM President R. Chandrashekhar. (Getty Images)

New Delhi: IT industry body Nasscom on Wednesday said any move to restrict work rights for spouses of H-1B visa holders may dampen the enthusiasm of tech professionals to go on such visas, but will not directly impact the industry.

"In my assessment, it won't affect the industry substantially because tech workers themselves go on H-1B visa. But indirectly, it reduces the keenness or willingness of some individuals to go, as their spouses won't be able to work in the US," Nasscom President R Chandrashekhar told PTI.

The statement comes against backdrop of the US administration under President Donald Trump seeking 60 days from an American appeals court to "consider" its response in a case challenging the previous government's decision to allow spouses of H-1B visa holders to work in the US.

Such a move could put jobs of thousands of Indians at stake. Chandrashekhar said the impact will be more indirect in nature as it is a "change in lifestyle" given that working women may not want to be suddenly out of work. "From an industry point of view, it may dampen the enthusiasm of people to go on H-1B visas but it will not have a direct impact," he said.

However, he pointed out that Nasscom had not made a specific assessment of the situation with member companies yet.

Only last week, the USCIS temporarily suspended premium processing of H-1B visas -- often used by Indian IT firms -- that could lead to process delays. In the past few weeks, there have been proposals to overhaul the popular H-1B visa regime through various legislations which have added to the worries of the Indian IT sector that is battling slower growth, currency fluctuation and cautious client spending.

The US accounts for over 60 per cent of the Indian IT export revenues.

Nasscom had recently taken a delegation to Washington DC (February 27-March 2) to discuss issues like clampdown on work visas and flow of skilled manpower between the two nations.

The Indian government, too, has been pressing for a fair and rational approach on the matter from a trade and business perspective.

Yesterday, IT Minister Ravi Shankar Prasad had said the Indian government has conveyed its concerns at a 'very senior level' in the US administration.

Also Watch

Read full article
Next Story
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 525.75 -33.75 -6.03
PNB 117.30 +0.75 +0.64
Infosys 1,147.40 +10.45 +0.92
HDFC 1,824.80 +13.05 +0.72
Fortis Health 155.50 +1.90 +1.24
Company Price Change %Gain
Sun Pharma 524.75 -34.65 -6.19
Fortis Health 155.60 +2.15 +1.40
ICICI Bank 319.30 +1.65 +0.52
HDFC 1,824.10 +14.95 +0.83
CG Consumer 235.00 +1.85 +0.79
Top Gainers
Company Price Change %Gain
HCL Tech 942.90 +35.45 +3.91
Tech Mahindra 595.20 +21.00 +3.66
TCS 3,042.30 +97.55 +3.31
ITC 268.20 +4.95 +1.88
ONGC 190.15 +3.15 +1.68
Company Price Change %Gain
TCS 3,043.05 +98.00 +3.33
ITC 268.05 +5.25 +2.00
ONGC 190.10 +3.10 +1.66
SBI 273.10 +3.45 +1.28
Infosys 1,148.70 +14.00 +1.23
Top Losers
Company Price Change %Gain
Sun Pharma 525.75 -33.75 -6.03
Hindalco 240.65 -8.15 -3.28
Bajaj Finance 1,596.45 -42.30 -2.58
IndusInd Bank 1,594.25 -28.45 -1.75
Tata Steel 640.95 -10.35 -1.59
Company Price Change %Gain
Sun Pharma 524.75 -34.65 -6.19
IndusInd Bank 1,595.30 -32.80 -2.01
BHEL 91.65 -1.50 -1.61
Tata Steel 640.55 -10.20 -1.57
Bajaj Auto 3,008.25 -41.40 -1.36

Live TV