Actions against Outsourcing: Missing the Wood for the Trees
The related issues of H1B visas and outsourcing have once again come to the fore and could prove to be a troublesome issue in India-US relations. In his address to the Joint Houses of Congress on February 24, 2009, President Obama declared that he would nullify tax benefits for American companies that outsourced their services. The same day, the US Citizenship & Immigration Service (USCIS) released data showing that four Indian outsourcing companies, Infosys, Wipro, Satyam, and TCS, accounted for more than 10,000 of the 65,000 H-1B visas issued by the US in 2008.
- Cherian Samuel
- March 03, 2009