The ministry of Indian affairs (MOIA) is setting up a new fund to help distressed Indian workers abroad, including in the U.S., who are likely to return home to India after losing their jobs in the next 12-18 months. "There is likely to be an increase in the number of Indian workers returning in 2009 and a decline in the numbers going out,” the MOIA official said. Currently, the ministry estimates that around 150,000 Indian workers return back home every year at the end of their work contracts. The fund, which is being created as a safety net in case of larger numbers of workers returning to India in dire straits, will extend support to the returnees to set up their own enterprises and develop entrepreneurial skills. Margin money in the form of interest-free loans could be extended. “We will also help the workers in reskilling and becoming ready for the job market again,” Mr Ravi said.
H-1B Visas:
The H-1B is a non-immigrant visa in the United States under the Immigration & Nationality Act, section 101(a)(15)(H). It allows U.S. employers to temporarily employ foreign workers in specialty occupations.
The regulations define a “specialty occupation” as requiring theoretical and practical application of a body of highly specialized knowledge in a field of human endeavor including, but not limited to, ar
chitecture, engineering, mathematics, physical sciences, social sciences, medicine and health, education, law, accounting, business specialties, theology, and the arts, and requiring the attainment of a bachelor’s degree or its equivalent as a minimum. Likewise, the foreign worker must possess at least a bachelor’s degree or its equivalent and state licensure, if required to practice in that field. H-1B work-authorization is strictly limited to employment by the sponsoring employer.
The regulations define a “specialty occupation” as requiring theoretical and practical application of a body of highly specialized knowledge in a field of human endeavor including, but not limited to, ar
chitecture, engineering, mathematics, physical sciences, social sciences, medicine and health, education, law, accounting, business specialties, theology, and the arts, and requiring the attainment of a bachelor’s degree or its equivalent as a minimum. Likewise, the foreign worker must possess at least a bachelor’s degree or its equivalent and state licensure, if required to practice in that field. H-1B work-authorization is strictly limited to employment by the sponsoring employer.Indian H-1Bs grew steadily from 1989 clearly becoming the largest category in 1994, then doubling in size by 1996, and quintupling by 1999—a remarkable pattern of growth and accounting for nearly half of all visas issued in 1999 (47 percent). No other country during the lifetime of the program has so completely dominated the H-1 visa.
Reference:
H-1B Visas - wikipedia
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