The Amer­i­can Night­mare

India Today - - UPFRONT -

The pro­posed leg­is­la­tion to dou­ble the salaries of H1B visa hold­ers has caused panic in In­dia. Stocks in tech com­pa­nies like Wipro, TCS and In­fosys fell sub­stan­tially. The visa is in­tended for skilled, ed­u­cated labour while In­dian com­pa­nies have re­lied on In­di­ans with the nec­es­sary skills but lower wage ex­pec­ta­tions

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