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Biden's executive order may spur 'five-year mega growth' cycle for India's IT sector

Biden s executive order may spur five-year mega growth cycle for India s IT sector
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AP
President Joe Biden speaks in the East Room of the White House, Thursday, July 8, 2021, in Washington. Biden is set to sign an executive order the White House bills as an effort to target anticompetitive practices in tech, health care and other parts of the economy while boosting workers’ wages and consumer protections. (AP Photo/Evan Vucci)
India’s $150 billion IT services sector is expected to witness a “five-year mega growth” cycle due to the speed at which American enterprises transform themselves digitally, outsourcing experts told ET, following US President Joe Biden’s executive order last week to increase competition in the US economy. ....

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2021 Might Be A Decisive Year For H-1B Visas

Donald Trump was hostile to high-skilled immigration, but Joe Biden may enact the most enduring policy changes to H-1B visas. ....

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H-1B Visa Ban Not Sustainable Amid Low Computer Unemployment Rate

H-1B Visa Ban Not Sustainable Amid Low Computer Unemployment Rate
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NASSCOM extends warmest congratulations to the U.S. President Joseph R. Biden and U.S. Vice President Kamala D. Harris in the U.S. Administration

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NEW DELHI, Jan. 21, 2021 /PRNewswire/ NASSCOM extends our warmest congratulations to the newly sworn in U.S. President Joseph R. Biden and U.S. Vice President Kamala D. Harris and other officials in the U.S. Administration.
President Biden has pledged a new approach on Trade and Immigration, as well as a renewed and revitalized interest in Science and Technology. We appreciate President Biden s commitment to review and make necessary changes to harmful regulatory policies put in place by the outgoing Administration.
A key challenge the technology sector faces is the lack of required STEM talent in the U.S., clearly highlighted by the high degree of overall unemployment on one hand, and over 750,000 plus job vacancy postings for jobs in computer occupations as of 13 ....

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