Nasscom defends TCS, Infosys on H¬1B visas row
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IT industry body Over the past few weeks, there is a growing sentiment of protectionism across various markets, including the US, that are seeking to safeguard jobs for locals and raise the bar for foreign workers. "Nasscom would like to clarify on the statements made by the
Nasscom highlighted that "every reputable data source" in the US has documented a growing shortfall between the supply and demand for computer science majors in the US workforce. This is especially true in advanced fields like cloud, big data and mobile computing, it said. "All Indian IT companies cumulatively account for less than 20 per cent of the total approved H¬1B visas although Indian nationals get about 71 per cent of the H¬1B visas," Nasscom said. It added that this is a testimony to the high skill levels of India¬origin professionals. The annual number of Indian IT specialists working on temporary visas for Indian IT service companies is about 0.009 per cent of the 158¬ million¬member US workforce, it said. Critics believe that the prevailing visa regime allows companies to bring in "cheap" labour from countries like India, which adversely impacts local employment opportunities. Nasscom contended that the average wage for visa holders is over $82,000, apart from a fixed cost of about $15,000 incurred for each visa issued (including visa cost and related expenses).
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