From the article:
The restrictions on H-1B visa programme will lead to the Information Technology (IT) sector in the US lose its competitive edge in the market. A top American think-tank said that US IT sector will find it difficult to attract open talents from India and America, PTI reported.
The Center for Global Development (CGD) in a report titled ‘The IT Boom and Other Unintended Consequences of Chasing the American Dream’ said that H-1B visa is advantageous for both India and the US. Gaurav Khanna, fellow at the CGD and co-author of the research paper, said, “It is really important to make sure that the I-T sectors from both countries are allowed to attract the right kind of people, because they really allow for innovation and growth in both the countries.”
The report gives a detailed description of how the H-1B visa programme affects the economies of the both the US and India. Khanna told PTI, “Both the economies have really benefited from the H-1B programme.” He also warned that the IT companies might look for other options and move to Canada if the H-1B clampdown will happen. He said, “What our paper is really trying to stress, is that on average the US is better off because of the H-1B programme. So clamping down on the H-1B programme will basically not allow the US IT sector to attract the open talent from places like India. The US might then lose its competitive edge in IT production.”
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