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"Indian visa holders are the backbone of innovation and jobs in America," IndiaSpora's statement on Trump's decision
H-1B Visa: IndiaSpora stated that reducing the number of H-1B visas will not only impact companies, but also lead to a shortage of international researchers in universities and research labs. This could lead to budget cuts in higher education and a significant intellectual loss.
IndiaSpora, a US-based Indian diaspora group, said that H-1B visas do not only help in filling gaps, but in creating a whole new economic system. IndiaSpora said that H-1B holders have been the architects of innovations in America. They have created companies that have created millions of jobs and earned billions of dollars as tax for the US government.
IndiaSpora added that limiting the number of H-1B visas will not only affect businesses but will also result in a dearth of foreign researchers in research labs and universities. This may result in cuts for higher education and immense intellectual loss.
According to Indiaspora, H-1B professionals strengthen technology, entrepreneurship, and the tax system. Startups also rely on them to affordably hire people with specialized skills and compete with larger companies. H-1B visa holders also play a significant role in scientific research and development, which is the engine of America's long-term economic growth.
