iNDICA NEWS BUREAU
President Donal Trump’s proclamation suspending the H1-B visa and other temporary work programs will hit the economic recovery process of the United States, the US-India Strategic Partnership Forum said Tuesday.
The USISPF is a non-profit organization that describes itself as committed to creating a powerful strategic partnership between the US and India.
Trump’s order has already drawn negative remarks from tech giants, including Google CEO Sundar Pichai, Apple CEO Tim Cook and Indian IT industry body NASSCOM.
“The suspension of the non-immigrant visa program is a big blow to the US industry and will undoubtedly impact the already fragile economic recovery process in the US,” USISPF president Mukesh Aghi said in a statement.
“In today’s uncertain economic times, stability and predictability in the non-immigrant visa programs will ensure that businesses can operate with the continuity they need to meet their obligations and contribute to America’s economic strength, innovation & competitiveness
“Temporary workers add tremendous value to the US economy, bringing necessary skills and expertise to supplement the US workforce. They add to America’s competitiveness, not detract from it,” he continued.
“Entrepreneurial immigration in the #USIndia corridor is a win-win-> A sample of 12 Indian-born startups showed they created 634 jobs in the US & 6200+ jobs worldwide. For every H1/ L1 visa issued to these startups, they created 40 jobs in the US (median income of $175,000).”
Aghi added: “We therefore, urge the US administration to strengthen the program by increasing the number allotted visas and by tightening the existing loopholes in the program.”