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Visa and Immigration

H-1B tweak to hit US more than India, says Nasscom boss

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In an exclusive conversation with ET Now, Nasscom President R Chandrasekhar said that US economy will be hit most due to new provisions in H-1B visa tweaks. He said that H-1B visa is only one issue that IT sector is dealing. "2017 was unlike any other year. There were political and economic factors at play that added to the complexity. There was increased visa scrutiny, customers held back IT spending," said R Chandrashekhar, president of software association Nasscom. Notably, the Department of Homeland Security is said to be considering new regulations that would prevent H-1B visa extensions as part of President Donald Trump's "Buy American, Hire American" initiative promised during the 2016 campaign which will impact more than 500,000 indian workers.

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