Indian Industry may get benefits out of reverse brain drain by a section of high tech

By Anjan Roy

The blow on India has now landed. Donald Trump has, in effect, slapped a very steep hike in services exports through movement of professionals from India to the United States.

Until now, the fees from H-1B fee application fees used to vary from $1700 to $4500 for each application. This has been jacked up to $100,000 per new applicant. The US commerce secretary has said that the companies will have to decide if it would be worth paying that price to retain an overseas worker for the work or employ an educated American.

The new charges have taken effect into effect from September 21, according to reports. With such immediate effect, the measure could create a kind of mayhem in the technolog

See Full Page