LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

H1B visa row: Disappointed over US plans to tighten visa norms, Suresh Prabhu

The Trump administration is planning to end allowing spouses of H1-B visa holders to work legally in the US, a top federal agency official has told lawmakers. The move could severely impact thousands of Indians professionals working in America.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
H1B visa row: Disappointed over US plans to tighten visa norms, Suresh Prabhu
The Trump administration is planning to end allowing spouses of H1-B visa holders to work legally in the US. Image source: PTI
Written By: PTI
Updated: Thu, Apr 26, 2018
02:56 pm
PTI
RELATED NEWS
Maskless: The story of America's COVID-19 apocalypse Maskless: The story of America's COVID-19 apocalypse
US teen in big coronavirus trouble over coughing-on-groceries prank US teen in big coronavirus trouble over coughing-on-groceries prank
BNY Mellon looks to add up to 10% to 13,000-strong employee base in India BNY Mellon looks to add up to 10% to 13,000-strong employee base in India
Earthquake in San Francisco: Panic as Bay Area gets rattled by 4.5 magnitude jolt Earthquake in San Francisco: Panic as Bay Area gets rattled by 4.5 magnitude jolt
$550 billion of exports! India could potentially be one of the big winners from US-China trade war - Here is how $550 billion of exports! India could potentially be one of the big winners from US-China trade war - Here is how

Expressing disappointment over the US plans to prohibit spouses of H1B visa holders to work in America, India today hoped that the Trump administration would take "corrective actions" on the issue. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations which require theoretical or technical expertise.

The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. "The US decision to put certain restrictions on visas is quite disappointing and we hope that the US will take corrective actions," Commerce and Industry Minister Suresh Prabhu said here at an event organised by American Chamber of Commerce in India.

The Trump administration is planning to end allowing spouses of H1-B visa holders to work legally in the US, a top federal agency official has told lawmakers. The move could severely impact thousands of Indians professionals working in America.

Prabhu said India has already communicated its concerns to the US and "we would like to have the reality put into perspective that Indian companies in the US are contributing significantly in the growth of the US economy".

IT professionals in the US increase productivity in the economy and improve services. "We feel that the US must understand the concern of India."

He said that on trade matters too, India has flagged its concerns.

"On trade matters, we have communicated to the US that India is a fast growing economy with FDI (foreign direct investment) regime more and more participatory," he added. 

Prabhu, who also hold aviation portfolio, said that India would be buying cargo as well as passenger aeroplane and the US could tap this opportunity.

The US has imposed customs duties on certain steel and aluminium products. India has sought exemption from this as it exports these goods worth about USD 1.5 billion per year.

The US is putting certain conditions on trade front which has created issues at both bilateral and multi-lateral levels."

"I think we need to put this behind as growth in global trade would benefit all," the minister said.

The bilateral trade between the countries has increased to USD 64.52 billion in 2016-17 from USD 62.11 billion in the previous fiscal.  

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
AmericaindiaH1-B VisaFDISuresh Prabhu
RELATED NEWS
Maskless: The story of America's COVID-19 apocalypse Maskless: The story of America's COVID-19 apocalypse
US teen in big coronavirus trouble over coughing-on-groceries prank US teen in big coronavirus trouble over coughing-on-groceries prank
BNY Mellon looks to add up to 10% to 13,000-strong employee base in India BNY Mellon looks to add up to 10% to 13,000-strong employee base in India
Earthquake in San Francisco: Panic as Bay Area gets rattled by 4.5 magnitude jolt Earthquake in San Francisco: Panic as Bay Area gets rattled by 4.5 magnitude jolt
$550 billion of exports! India could potentially be one of the big winners from US-China trade war - Here is how $550 billion of exports! India could potentially be one of the big winners from US-China trade war - Here is how

LATEST NEWS

Property Buying Tips: 5 things to keep in mind before buying a home in 2021

Sovereign Gold Bonds Latest News: Looking for cheaper Gold? Here is your opportunity? Know here how to OPTIMISE gains

Indian Army Recruitment Rally 2021: 8th pass, 10th pass can apply; know where to apply and other details

This is why Bill Gates prefers Android over iPhone

Spectrum auction underway; radio waves valued at Rs 3.92 lakh crore up for bidding

AstraZeneca has sold its stake in Moderna for more than $1 billion -The Times

IRCTC Share price: Dolat Capital initiates coverage on IRCTC share with target of Rs 2650

Modi government creates RECORD! New feat achieved in highways construction - Nitin Gadkari confirms this

CBSE, ICSE, state Board class 10, class 12 exams: PM Modi has important message for students

Yes Bank Share price today: Technical and Fundamental Analysis I Investec cuts target price to Rs 19

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved