Ummid Assistant

Exam time: Dial a helpline to overcome stress

IGNOU launches value education programme for teachers

Welcome Guest! You are here: Home Education & Career

India to US: Don't set back IT success story, ease visas

Tuesday February 07, 2012 07:52:32 PM, IANS

Washington: Voicing concern over protectionism, India has asked the US to address issues faced by Indian IT professionals, who pay $15 billion in taxes, and reminded Washington that this "success story" should not be set back by stringent visa regulations.

"We do hope the current economic challenges in the US would not lead to protectionism and that concerns of Indian IT industry will be addressed quickly," Foreign Secretary Ranjan Mathai said Monday at at the Center for Strategic and International Studies, a US think tank.

Mathai, who is on his first visit to the US as foreign secretary, was speaking on "Building on Convergences: Deepening India-U.S. Strategic Partnership."

Reminding Washington of the contribution of the Indian IT industry and its role in building robust India-US relations, Mathai said the Indians industry employs over 100,000 in the US, up from 20,000 six years ago.

"It supports 200,000 other jobs, including indirect ones, apart from enhancing the competitiveness of some US industries. Most Indian companies are setting up development centers. Indian IT industry contributed $15 billion in taxes over the last 5 years," he said.

"This success story should not be set back by stringent visa regulations which act as a non-tariff barrier," he stressed.

Alluding to over $200 million paid by Indian IT professionals going to the US in visa fees, Mathai said: "Perhaps $30-$50 million has been taken from young aspiring Indians working in businesses whose US visas were rejected. The pink slip has become a greenback!"

"It needs reiteration that the targets of these discriminatory actions are precisely those who have contributed intellectually to the climate of reform in India, and who have been votaries of strong India-US relations," he said.

Calling for deepening of economic ties between India and the US, Mathai said the two countries should not only focus on expanding trade and investment, but also "use the power of innovation to make our economies global leaders in the 21st century."

India and the US can and must strengthen their economic partnership, he said. The flow of trade in goods and services, and investments in both directions has grown several times in the past two decades increasing to $40 billion of US imports, both goods and services.







Bookmark and Share

Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS






Top Stories

Govt. to bring amendments in RTE Act: Kapil Sibal

After the objections raised by the All India Muslim Personal Law Board (AIMPLB) and other oragnisations against some sections of the Right to Education (RTE) Act, the government now plans to submit  

How right is the Right to Education Act

RTE is not a panacea, say experts


  Most Read

Maldives president quits after protests

Maldivian President Mohamed Nasheed, elected only four years ago, resigned Tuesday following overnight protests, authorities and media reports said. The Maldives High Commission here said  

Uttar Pradesh mosques double up as primary schools

Amid the mushrooming convent schools, mosques still continue to be popular centres of learning at least up to the primary class level in Uttar Pradesh's Azamgarh district. The trend is more common in cities and towns where 


  News Pick

Content screening: Facebook, others to reply in 15 days

A Delhi court here Monday directed Facebook, Yahoo, Google and other websites to file written statements within 15 days on removing objectionable content from their sites after the Google informed it that it has removed   

Have new formula for cube root, says Agra mathematician

It has eluded experts for centuries, but now an Indian, following in the footsteps of Aryabhatt, one of the earliest Indian mathematicians, claims to have worked out a simple formula to find any number's cube root. Nirbhay Singh   

'Scientists should be accountable'

India's scientific community should learn to deal with public accountability while doing business with the private  

Ex-ISRO chief slams Antrix-Devas probe reports


Picture of the Day

New Delhi,27 Jan 2012-IGNOU Vice-Chancellor M Aslam receiving the "Best teaching practices Award" from noted film director Prakash Jha at the India Today Aspire education summit 2012,in New Delhi on Friday. Also in picture India Today Group's Rekha Puri.

(Photo: IANS/Amlan Paliwal)



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us




    Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

2010 Awaz Multimedia & Publications. All rights reserved.