Business Standard

India calls proposed visa legislation discriminatory

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BS Reporter New Delhi

India today termed the US proposal to increase visa fees to fund its internal border security plan as discriminatory and said it will cost Indian firms $200 million extra a year.

“Though the need of the US government to strengthen their border security is understandable, it is inexplicable to our companies to bear the cost of such a highly discriminatory law,” Commerce and Industry Minister Anand Sharma said in a letter to US Trade Representative Ron Kirk.

Sharma said the Indian software industry is already deeply burdened in the absence of a Totalisation Agreement, requiring them to pay more than $1 billion every year to the US government in the form of social security, with no benefit or prospect of refund.

 

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First Published: Aug 11 2010 | 12:51 AM IST

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