New Delhi: Indian IT industry body Nasscom has expressed concerns following the White House’s September 19 announcement of a new USD 100,000 annual fee on H-1B visa applications, calling the move potentially disruptive to global business continuity and the innovation ecosystem in the United States.
In a statement issued on Saturday, Nasscom said that while it is reviewing the finer details of the proclamation, such significant adjustments to the skilled worker visa programme could have far-reaching implications.
“Adjustments of this nature can potentially have ripple effects on America’s innovation ecosystem and the wider job economy. It will also impact Indian nationals that are on H-1B visas working for global and Indian companies. India’s technology services companies will also be im