The additional fee of one million dollars (about 88 lakh rupees) applied on the H-1B visa from the US is going to have a major impact on the Indians. Especially in the field of IT. Discussion about this is going on across the country. However, on the contrary, if experts agree, then this decision of America can also lay the foundation of a new tech revolution in India. It is believed that while the concerns of thousands of families increased, on the other hand new doors of opportunities for India may open.
Let us tell you that on September 19, the Trump administration suddenly announced this, after which a wave of concern ran between millions of H-1B visa holders, their families and employers. Especially India’s young engineers and IT professionals, who consider America as a dream destination. This is a big shock for them. Keep in mind that so far, more than 70% of those who get H-1B visas are every year.
How is this opportunity for India, first understand this?
After the US imposition of additional fees on H-1B visas, it will now become very expensive for American companies to call Indian employees to America. Therefore, she can start getting the same work done in India. This will create new jobs in the country. Foreign companies can open their branches in India or start working directly from Indian IT companies. This will greatly benefit the Indian tech industry.
The country’s talent base will be stronger
Not only this, Indian youth who wanted to go to America earlier, can now give priority to working in India. This will prevent talent in the country and contribute to the development of the country. Also, companies get much less than the US in getting the work done in India. For this reason, she can shift her projects to India. This will give India both foreign investment and technology.
Apart from this, Indian professionals who have learned skills from America can come back and start startups here. This will promote innovation and new companies will emerge. If the government gives good facilities, policy and environment to professionals, then this change can become a golden opportunity for India.