Will Continue to Raise H-1B, L1 Visa Fee Hike With US: Prasad

Advertisement
By Press Trust of India | Updated: 23 May 2016 18:54 IST
Highlights
  • Prasad was speaking at the Heads of Circles Conference on Sunday.
  • He said India today occupies 56 percent of the world's outsourcing hub.
  • Prasad also spoke about the amount of US tax Indian companies pay.

The Centre will continue to take up the issue of hike in visa fees for Indian software professionals working in the US at the highest level with that government, Union minister Ravi Shankar Prasad said Sunday.

"As far as (issue of) H-1B and L1 visa fee hike is concerned, we have taken it up with the highest level (the US government). Even Prime Minister (Narendra Modi) has spoken to US President, I have also taken it up and we will continue doing so," the Communications and IT Minister told reporters in Hyderabad.

He was speaking on the sidelines of the annual Heads of Circles Conference organised by the Department of Posts.

Advertisement

"I can only say one thing, Indian companies pay tonnes of money in tax to US companies. Our companies are giving good IT value addition to Fortune 500 companies of US. It is a very reciprocal commitment which we are giving," he said.

Advertisement

Prasad said domestic IT companies are present in 200 cities across 80 countries and that India today occupies 56 percent of the world outsourcing hub.

"It is because of the talent, human resource of Indian IT products and companies including from Hyderabad," he said.

Advertisement

The minister announced that the Department of Posts will provide 130,000 network-connected hand-held devices to postmen working in rural areas to carry out postal transactions by next year.

"By next year (March 2017) we will be giving hand-held devices to all the postmen in rural areas of the country which they will use to carry out transactions of banking, insurance and mail services.

Advertisement

"On a pilot-basis, 4,000 handheld devices have been given to postmen in six states to see their functioning," he said.

On state-run BSNL, Prasad said, "When (Atal Bihari) Vajpayee government left office in 2004, BSNL was in profit of Rs 10,000 crores, however, when Manmohan Singh government left office in 2014, BSNL was in a loss of Rs 8,000 crores".

He claimed that in last 20 months of NDA rule, the BSNL has come to operative profit of Rs 672 crore for first time in seven years.

Responding to a query, Prasad said all manufacturers of mobile phones in the country will have to provide a 'panic button' (aimed at improving the safety of women) from January 2017 and from January 2018 every mobile phone must have a GPS location.

"These two unique initiatives of India by the Ministry of Communication are designed to ensure women safety through technology which is generating a lot of excitement world over," he said.

On core banking solutions (CBS) at post offices, the minister said, "In May 2014 there were just 230 CBS-enabled branches and now in May 2016 there are 21,664 that is the speed we work with."
 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. ACT Fibernet Launches New Broadband Plans With Free OTT Subscriptions
  2. Flipkart Buy Buy 2025 Sale: Nothing Phone 3, Phone 3a Deals Revealed
  3. HMD 101, HMD 100 With Built-In Radio Launched in India at These Prices
  4. Flipkart Buy Buy 2025 Sale With Discounts on iPhone 16 Begins on This Date
  5. OnePlus 15R Surfaces on Benchmarking Site Ahead of India Launch
  6. Motorola Edge 70 With Pantone's 2026 Colour, Swarovski Crystals Launched
  7. Nothing Phone 3a Lite Goes on Sale in India at This Price
  8. FaceTime, Snapchat Video Calls Have Reportedly Been Blocked in Russia
  9. Airtel Discontinues These Prepaid Recharge Packs in India
  10. Realme Watch 5 Launched in India With Up to 16-Day Battery Life: See Price
  1. Airtel Discontinues Two Prepaid Recharge Packs in India With Data Benefits, Free Airtel Xtreme Play Subscription
  2. Samsung Galaxy Phones, Devices Are Now Available via Instamart With 10-Minute Instant Delivery
  3. NotebookLM App Gets an In-Built Camera, Lets Users Upload Images as a Source
  4. HMD 101 Launched in India With 1,000mAh Battery, Auto Call Recording Alongside HMD 100: Price, Features
  5. Crypto Traders Await US Fed Signals as Bitcoin Price Drops to $91,900
  6. Nothing Phone 3a Lite Goes on Sale in India: See Price, Offers, Availability
  7. Realme Narzo Phones Confirmed to Launch in India Soon via Amazon
  8. Samsung Galaxy Watch Ultra 2 Launch Timeline Leaked; Could Debut Alongside Samsung Galaxy Watch 9
  9. Samsung Galaxy S26 Series May Get Exynos 2600 Chipset Exclusively in South Korea: Report
  10. Apple’s FaceTime Reportedly Blocked in Russia Alongside Snapchat’s Video Calling Feature
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.