India: IT sector fears new US H-1B visa bill for skilled workers
Feb.1, New Delhi: India is concerned that a new US bill designed to limit the entry of highly-skilled workers will have a serious impact on the country's IT industry.
The bill introduced to the US House of Representatives proposes doubling the minimum salary of H-1B visa holders to $130,000 from $60,000.
Congresswoman Zoe Lofgren, introducing the bill, said it would stop companies "replacing" American workers.
India's foreign ministry said it had expressed concern to the US.
"India's interests and concerns have been conveyed both to the US administration and the US Congress at senior levels," a statement from the ministry said.
Indian media organisations have described the move as a big setback to the IT industry.
The proposed new legislation mainly targets companies based in the US that bring in foreign employees on the visa quota.
The Oslo Times International News Network