Tuesday, January 31, 2017

Trump Takes Aim at IT-Outsourcing

Trump has presented a bill to the US Congress which will raise the wage requirements for H-1B visa workers to a minimum of $130,000 per year. This will cause a significant financial impact to Indian IT firms and their bottom line:


After WW2 ended, the flood of young military men back to their homelands is said to have caused major societal changes, with many of those men becoming a force for change. Perhaps diminishing returns in IT-outsourcing will help to reverse India's brain drain, and help to foster change towards a broader economy, including Make In India.

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