Unprecedented influx, followed by a visa policy, has been bolstering a large number of dreams that are ought to be realized on foreign soils. The trend saw an upsurge in the late 80s and in a time period of 3 decades, enough intellect has been extracted resulting into deracination of various ethnic groups. Overwhelming response to the visa policies (H1B visa in U.S. for example) in some developed countries has deposited a large number of temporary workers in these nations, who over a course of few years then decide to settle permanently in those nations.
Exporting intellectual minds from foreign nations is a good idea for the companies which need high performance at an affordable price. But this severely affects the native population. As stated by the U.S. officials in the ‘PGAJ Act’, the new policy aims to uplift standards of the workers employed under the H1B visa policy. This bill undertakes provisions to prevent misuse of the H1B visa policy. Similar measures have now been adopted by Australia and Singapore as well. How do these steps affect the Indian dreams? This question is the matter of discussion in this article.
Indications of the new visa restrictions
Huge influx of IT engineers from countries like India and China has forced host countries to bear the extra pressure in form of immigration preferences for the extended and adult family members of the U.S. citizens who were sourced by the MNCs to work on a temporary H1B visa. This has created a serious problem according to the U.S. Govt., thus forcing it to introduce the ‘RAISE act’ in order to curb the menace of unchecked influx of immigrants. The act may also be a protectionist policy propounded under the covers of immigration reforms. As the name ‘PGAJ – Protect and Grow American Jobs’ suggests it seems to be more of protectionist policy than a reform. This means that only the best of the best would now be able to get a job on H1B visa. And in the subsequent years, the immigration rate would decrease drastically.
Strict Rules For H1B Visa – What Next ?
Growing at a rate of 7.2% annually, India is the fastest growing major economy of the world. India stands at number 3 in terms of GDP. And scores of such distinctions stand testimony to the fact that India is growing as a fast pace and soon will emerge as one of the major powers of the world. In these times of accelerated growth, every sector has benefited, with several foreign players trying to get their share of pie. The fact that India is the largest open-market in terms of demand has instigated several MNCs and large corporations to lure the customers in India and establish their brands, with many of them even trading losses with an aim to expand their customer base. In these times of rapid economical build out, when the world has turned its eye on India, the intellectuals are running after foreign visas.
When You Don’t Get A Chance, Create One
India is a land of tremendous possibilities. A country that can afford Rs. 6,68,825 crores of NPA (non-performing assets) has no dearth of funds. Hence instead of grinding for a visa and settling in a foreign nation for a job, why not draw benefit from India’s ever-growing economic might while staying back at home and proudly serving the nation. It is time we realize that the world has become a closed system with nations inaccessible to visitors from other nations.