H-1B Visas To Be Doubled May 29, 2006 11:30 a.m. EST
Jacob Cherian - All Headline News Contributor
Washington DC (AHN) - The U.S. Senate has approved a landmark immigration reform bill that would give citizenship to millions of illegal persons and double the number of H1B visas from the present 65,000.
The Press Trust of India reports that this move could greatly benefit thousands of Indian software professionals.
The bill provides for doubling the H-1B visas to 115,000 and with a 2- percent increase on an annual basis.
Various software and technology companies like Microsoft and Intel have been pressuring the U.S. Government by threatening to move jobs abroad if it does not raise the cap on H-1B visas to allow more skilled workers into the country.
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