THE MINISTER OF EXTERNAL AFFAIRS (SHRI S.M. KRISHNA)
(a) & (b) Under the American Recovery and Reinvestment Act 2009, US firms receiving bailout money under the
Troubled Assets Relief Programme (TARP) must operate as an âH-1B dependent companyâ when applying to hire foreign
nationals under H-1B category. These companies are required to attest to actively recruiting American workers, not
displacing American workers with H-1B visa holders, and not replacing laid-off American workers with foreign workers.
H-1B dependent companies are those in which 15% or more of their workforce carry H-1B visas.
Data about the number of Indian IT companies located in USA and facing difficulties as a result of restrictions on
H-1B visas is not available with the Ministry of External Affairs.
(c) & (d) The Government of India is fully committed to protecting the interests of Indian professionals working
in USA. Pointing out that India is the largest contributor of highly skilled workers to the US economy, the need
for higher allocation of H-1B visas for Indian professionals has been emphasised in various bilateral fora with the
US Government.