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F1 for H1-B visa holders As a result of the slump in the U.S economy leading to wide scale unemployment and an outcry against the H1-B visas, which are benefiting countries like India particularly in the area of software exports and IT, a republican congress man in the U.S has proposed to eliminate all H1-B category visas in a new 15-line bill. The bill urges an outright cancellation of the H1-B programme in order to provide more jobs to the American nationals. This year the total number of H1-B visas is expected to drop to 30,000 as against a total number of 77,000 H1-B visas in 2001. For the last two years since U.S economy slipped into a slump 40,000 Indian H1-B visa holders have returned back to their mother land India. Source: www.timesofindia.com   |

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