Thursday, July 11, 2013

Filled Under:

Worried Indian IT companies hope for softer version of Immigration bill

The US Senate has approved a bill which could result in adverse consequences for India's information technology industry, but software companies are hoping that the final version will not be too harsh for them.

In a clear sign that the last word on the issue has not been said, there was good news for Indian IT from the lower chamber of Congress - the House of Representatives' judiciary committee approved an immigration bill focussed on high-skilled workers that is favourable to the software industry.

The bill was passed on Thursday with support from Republicans, hours after the Senate approved a bipartisan immigration reform bill with provisions to make temporary work visas harder and costlier to obtain.

A bill becomes law after it is passed by the House, the Senate and is signed by the president.


Post a Comment

Blog Archive