Ramifications of H1-B Visa Suspension

By Anouska Priya USA is facing a huge economic crisis as the Covid-19 triggered lockdown has led to unemployment levels increase to a great extent. Over 45 million people filled for unemployment claims since march. US president Donald Trump suspended H-1B and L visas, used by technology professionals, a move which he says will protect local jobs. A total number of 85,000 H-1B visas were issued annually and about 70% Indian nationals received work permits, majority of them were software engineers. 67.7% of the 250,000 H-1B applications received for next fiscal were for Indian nationals. The visa doesn’t impact people waiting for visa renewals who are already in US.

This is possibly going to affect the movement of skilled professionals to work lawfully in the US who avail these non-immigrant visa programmes. The move would free up 525,000 jobs, denting the high unemployment rate caused by the coronavirus pandemic. The government’s decision to freeze immigration and suspend work visas till the end of the year may force more work to be performed offshore since there is a dearth of highly skilled talent locally in the US. Indian technology majors like Wipro, Infosys, Tech Mahindra, HCL Tech and TCS are already seeing a stable growth in offshoring business as this pandemic has renewed trust on the offshore delivery model for critical services. This suspension can result in a shortage of skilled workforce in STEM-related fields. Existing Indian H-1B visa holders in the US can benefit from this in the form of higher remuneration. It will also lead to more services in India as outsourcing of work may increase due to a shortage of skilled workers in the US.

Furthermore, India can also benefit from skilled individuals who were all set to leave for the US. These highly-skilled individuals are in high demand in the science and technology sectors in India, added the sources. With CMIE indicating that the employment in India is rising, there are chances that all these highly-skilled resources could directly contribute to boosting the Indian economy.

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