Supporting India's concerns on the immigration reform bill, an eminent Indian-American has asked US lawmakers to make the necessary changes in the pending legislation, which if passed, among other things would badly hit the global competitiveness of American companies.
Also Read: India expresses concerns over US Immigration Reforms Bill
"While the Senate has made important progress, their bill contains provision; that will result in unintended consequences, damaging American businesses and aiding our competitors abroad," Ashok Mago, of the Greater Dallas Indo-American Chamber of Commerce, wrote in a letter to Congressmen and Senators ahead of the US visit of Prime Minister Manmohan Singh.
"Additional and arbitrary layers of red tape and increased fees will make it much more difficult for businesses to hire skilled STEM workers through the H-1B visa program. This program, designed to give businesses access to a global talent pool with STEM expertise, is a vital component of efforts to address the STEM worker shortage in America," said Mago, a founding member of the chamber.
The bill's so-called outplacement provision is discriminatory and will make it impossible for many businesses to recruit the high-skilled workers they need to perform highly technical tasks onsite from the global labor pool, potentially driving tens of thousands of American jobs overseas, he argued.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.