TRUMP'S H-1B VISA SUSPENSION TO BENEFIT INDIANS IN MULTIPLE WAYS: HOW? - REPORT

Hours After US President Donald Trump suspended several non-immigrant visas and barred thousands of foreigners from seeking employment in the United States, the suspension has left people in shock including the prized H-1B visa.

As per sources, this move may actually benefit Indians in multiple ways.

According to India Today reports, government sources have listed several points that show why the move could benefit Indians. As we know that the move will stop new workers from entering the US till the end of this year, so the Indian with H-1B visa in the US can benefit to the maximum. 

This new policy is not going to impact or affect the existing H-1B visa-holders in the US. Also, the suspension can result in a short of skilled workforce from STEM-related fields. So, the existing Indian H-1B visa holders in the US can benefit from this in the form of higher remuneration. 

Meanwhile, this will also lead to more services in India as outsourcing of work may increase due to a shortage of skilled workers in the US, India Today further reported. 

The government sources also added the US President's suspension rule will have limited impact on Indians who are looking for temporary work visas like H-1B. In the report, they explained that the US issues 85,000 H-1B visas every year and around 60,000 of them go to Indians which is 70 percent of all H-1B visas issued annually by the US.

So with this suspension for six months, around 30,000 visas would be impacted at best. Even, India can benefit from skilled individuals who were all set to leave for the US. These highly-skilled individuals, who are in high demand in the science and technology sectors in India, can be an added source to the companies here. 

After CMIE indicated that the employment rate in India is rising, there are chances that these people who stayed back could help in contributing to the Indian economy.