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Indian Desi Visa & Immigration News in Columbus, GA
H-1B visa changes may cut remittances by $5 billion but exports stay strong
Restrictions on H-1B visas in the United States are expected to have a relatively small impact on the flow of remittances from overseas Indians back to India. According to a recent research study, the total losses are unlikely to exceed five billion dollars out of an eighty three billion dollar total inflow. This means that while there will be a direct effect on some families and professionals, the broader picture for India’s economy remains resilient.
H-1B visa changes may cut remittances by $5 billion but exports stay strong
Restrictions on H-1B visas in the United States are expected to have a relatively small impact on the flow of remittances from overseas Indians back to India. According to a recent research study, the total losses are unlikely to exceed five billion dollars out of an eighty three billion dollar total inflow. This means that while there will be a direct effect on some families and professionals, the broader picture for India’s economy remains resilient.







