US President Donald Trump has imposed a new fee of $ 1 million on H-1B visa. This decision will directly affect Indian professionals. Meanwhile, External Affairs Minister S.K. Jaishankar has said that the world will have to accept the reality of global workforce. He warned that only the needs of labor cannot be met by the national population.
In the Observer Research Foundation (ORF) program during the United Nations General Assembly session in New York, Jaishankar said, this is a truth, it cannot be run away from it. Where and where the global workforce will be operated, it can be a matter of political debate, but the reality is that if we look at demand and demographics, the national population of many countries cannot fulfill the needs of labor.
He insisted that the time has come to form a more acceptable, modern and effective model, so that global workforce can be distributed in different areas. Jaishankar said, this is a big question standing in front of today’s international economy, which effective model we will make about a global workforce.
Big impact on Indian professionals …
Actually, the H-1B visa has been an important way for Indian IT and technology professionals to get jobs in America for a long time. According to the data, about three-fourths of this visa are Indians. Under this, companies can appoint foreign professionals in areas like IT, medical and engineering.
But the Trump administration has imposed a new $ 1 million fee on H-1B visa. This amount will be in addition to the already present filing and legal expenses. This will make the visa very expensive. It may be almost impossible for many employees and applicants to take it.
Experts say that this step will affect both Indian professionals and American companies. S Jaishankar’s comment has come in this regard, which is directly considered to be a ‘indicative message’ on Trump’s policies.
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