Why Indian IT firms may see a silver lining in US merit-based RAISE Act
The new merit-based immigration policy will favour those individuals who can speak English and have high educational qualifications.
Key highlights:
- New merit-based immigration policy to be introduced by US government
- It will favour English-speaking skilled workers for residency cards
- Education, high-paying job offers and age would be also a factor
The US President Donald Trump on Thursday announced the introduction of a new legislation on immigration called the Reforming American Immigration for Strong Employment (RAISE) Act. This new regulation, if passed by the US Congress, would cut look to cut the number of legal immigrants entering the US by half in 10 years.
While the Indian IT industry has been fearing the new legislation as the Trump administration had accused Indian IT companies of misusing the H-1B visa lottery system, there seems to be a silver lining to this new legislation by the US.
US H1-B visa restrictions unlikely to impact Indian IT firms
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