Have spoken to US govt on visa issue: IT minister Ravi Shankar Prasad
Ravi Shankar Prasad also said that he was in touch with pioneers of the Indian IT industry, including Infosys founder N Narayana Murthy and Nasscom president R Chandrasekhar.
Union IT Minister Ravi Shankar Prasad said on Friday that he has expressed concerns at the "right quarters" in the US administration regarding the possible impact on Indian IT companies due to proposed changes to the visa policy by the Trump administration.
"Some concerns have been raised, and we are working with the ministry of external affairs," Ravi Shankar Prasad said.
The minister also said that he was in touch with pioneers of the Indian IT industry, including Infosys founder N Narayana Murthy and Nasscom president R Chandrasekhar.
The IT industry has raised concerns over the proposed overhaul of popular H-1B visa regime by the Trump administration, as any change in the visa regime may result in higher operational costs and a shortage of skilled workers for the $110 billion Indian outsourcing industry.
"I am proud of Indian IT companies. One thing I feel very strongly is that what Indian IT companies have done in the US and other parts of the world, needs to be presented in a more cogent way," Prasad said.
He said that IT companies have served the majority of Fortune 500 companies with great distinction and added value to them. "Indian IT companies have paid tax of over $20 billion in the US and created over four lakh job opportunities."
The Trump administration recently introduced a legislation which sought doubling the salaries of H-1B visa holders to over $130,000 from the current $60,000. The move was in line with Trump's 'Buy American, Hire American' agenda to bring jobs back to the US.