US H-1B visa debate intensifies ahead of Trump's inauguration
Financial Express Mumbai|January 04, 2025
THREE WEEKS AHEAD of Trump's inauguration on January 20, the debate on foreign guest workers visas for highly skilled professionals, the H-1B, has intensified which has literally created divisions in both the Democratic and the Republican parties.
Lalit K Jha

Indians are the main beneficiaries of the H-1B visas, which bring in the best of the talent and brains from across the world. Highly skilled professionals from India walk away with the overwhelming number of H-1B visas - which is Congressional mandated 650,000 every year and another 20,000 for those who received higher edu-| cation from the US.

President-elect Donald Trump, who will be sworn in as the 47th President of the US at the US Capitol, has come out in support of the H-1B, so has two of his close confidants, Tesla owner Elon Musk and entrepreneur Vivek Ramaswamy, both of whom have been tasked to head the newly created Department of Government Efficiency (DOGE). "I've always liked the visas, I have always been in favour of the visas. That's why we have them,"Trump told the New York Post over the weekend.

"I've always felt we have to have the most competent people in our country. We need them. We need smart people coming into US. We're going to have jobs like we've never had before,"Trump told reporters at a New Year's Eve party hosted by him at Mar-a-Lago. Both Musk and Ramaswamy have argued that H-1B visas are essential to attract the best of the talent, as the US falls short in many of the specialised fields.

They have been joined by Indian American Democratic lawmakers Khanna, Raja Krishnamoorthi and Shri Thanedar who have come out in support of H-1B visas, after a sudden backlash against it as soon as Trump including Reappointed Sriram Krishnan as his Senior Policy Advisor for AI.

This story is from the January 04, 2025 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 04, 2025 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS MUMBAIView All
Financial Express Mumbai

Father of Saif stabbing accused says he left home without documents

THIRTY-EIGHT HOURS after he allegedly stabbed Saif Ali Khan at the actor's Bandra residence, Mohd Shariful Islam called his father back home in Jhalokathi, Bangladesh.

time-read
1 min  |
January 23, 2025
Israel-Hezbollah Truce Set to Extend Beyond Next Week
Financial Express Mumbai

Israel-Hezbollah Truce Set to Extend Beyond Next Week

The ceasefire agreement that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

IndiGo to operate Jharsuguda to Mumbai daily flights

LOW-COST CARRIER IndiGo on Wednesday announced the launch of new flights between Mumbai and Odisha's Jharsuguda from March 1.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Slow growth in foldable phones demand: Oppo

CHINESE SMARTPHONE MAKER Oppo said the company is not keen on launching foldable phones in India presently as the demand is yet to pick up for the product segment across the industry.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

HUL profit up 19.5% on Pureit sale

Dec qtr largely subdued without one-time gain

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Taxing for growth

A TAX POLICY FOCUSING ON A BROADER BASE AND SIMPLIFIED, LOWER RATES COULD BOOST ECONOMY

time-read
3 mins  |
January 23, 2025
RG Kar: SC defers suo motu hearing
Financial Express Mumbai

RG Kar: SC defers suo motu hearing

THE SUPREME COURT on Wednesday cited paucity of time and deferred to January 29 the hearing on the suo motu case over the rape and murder of a trainee doctor at state-run RG Kar Medical College and Hospital in Kolkata.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Trump Meme Coins Are a Disaster in Waiting

As a European who doesn't own Bitcoin, I enjoy a bit of schadenfreude when the cryptocurrency industry is really upset about something.

time-read
2 mins  |
January 23, 2025
Jute MSP increased by 6% to ₹5,650/quintal
Financial Express Mumbai

Jute MSP increased by 6% to ₹5,650/quintal

The Cabinet Committee on economic affairs on Wednesday hiked the minimum support price (MSP) of raw jute by 6% to ₹5,650/quintal for the 2025-26 marketing season.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

India open to deals as US tariff looms

Trump's trade memorandum leaves room for bilateral deals

time-read
2 mins  |
January 23, 2025