Indian Govt is looking at multiple options to ensure IT sector is not severely hit due to protectionism. Here’s what it is doing
Advertisement
The Indian Government is suggesting several measures and lobbying the World Trade Organisation (WTO) in the backdrop of rising clamour of protectionism.
India is looking for support on increased trade in services, making sure the Indian IT services are not severely hit due to changing policies by the Donald Trump administration.
For starters, the Indian Government has suggested multiple entry visas for professionals meeting the host country's immigration criteria in a comprehensive proposal on cross-border movement of services.
India made these proposals in the draft legal text of theTrade Facilitation Agreement for Services that it submitted to the WTO on February 23.
As per reports, India has also suggested scrapping the social security contributions by professionals on short stints overseas.
The proposal also calls for insurance portability and quicker visas for those seeking medical treatment.
The proposal also suggests that countries shouldn't impose barriers on the flow of personal information on account of differing data protection measures.
Advertisement
India is looking for support on increased trade in services, making sure the Indian IT services are not severely hit due to changing policies by the Donald Trump administration.
For starters, the Indian Government has suggested multiple entry visas for professionals meeting the host country's immigration criteria in a comprehensive proposal on cross-border movement of services.
India made these proposals in the draft legal text of the
As per reports, India has also suggested scrapping the social security contributions by professionals on short stints overseas.
Advertisement
The proposal also suggests that countries shouldn't impose barriers on the flow of personal information on account of differing data protection measures.
Advertisement
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital
- World Liver Day 2024: 10 Foods that are necessary for a healthy liver