just hrithik rosan
just hritik rosan

H1B visa bar bad economic decision: Montek

As US President Barack Obama signs the bailout package into law on Tuesday, it will also include a clause that bars companies receiving bailout money from hiring foreign workers holding H-1 B visas.This has got India's policymakers and IT industry worried.
Slamming this provision, Planning Commission's Deputy Chairman Montek Singh Ahluwalia has told that this is the beginning of irreversible protectionism and does not reflect sound economics. Of the 65,000 H-1B visas issued annually, seventy per cent go to Indian professionals