The President of the United States, Donald Trump, has dramatically increased the fees for the H-1B visa. Applicants are now required to pay $100,000, approximately 88 lakh rupees. This measure directly impacts Indian professionals and students aiming to work in the US.
The H-1B visa is a non-immigrant visa allocated through a lottery system. Its duration is three years, and the fee must be renewed annually. Previously, the fee was between 1-6 lakh rupees, but it has now soared to 88 lakh rupees.
Let's delve into 10 points illustrating how Trump's visa policy adversely affects Indians:
1. Over 200,000 Indians could be directly impacted.
2. Employees in American IT companies will feel the brunt.
3. Job opportunities in the US will diminish.
4. Indian students pursuing master's or Ph.D. degrees in the US will be affected.
5. Opportunities post-education will be limited in the US. As priority will be given to local job seekers, Indians might find it tougher to secure positions.
Source: aajtak
6. Financial pressures on Indian students and professionals will escalate.
7. Challenges will increase for those starting their careers in the US.
8. Most Indians working in the US are in STEM fields. IT professionals, among others, will face significant impacts.
9. Mid-level and entry-level employees will encounter visa acquisition difficulties.
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10. American companies might outsource jobs to other countries, potentially increasing opportunities outside the US, which could directly harm Indian professionals.
Source: aajtak
Impact on India-US Relations
Experts suggest that this move may not only affect Indians but could also ripple through the US economy. India's reaction will be crucial, and its government may adopt a firm stance on this issue.