Senate to discuss favourable Immigration Bill: NASSCOM

Amidst fury against the Immigration Reform Bill proposals that can adversely impact Indian IT companies, industry body Nasscom says that it has got assurance from the US judicial committee that a Bill which does not have the negative provisions that can adversely impact Indian IT companies will be taken up in the US Senate in a few weeks.

CNBC-TV18's Kritika Saxena spoke exclusively to Som Mittal, president, Nasscom about the changes in the Bill.

Below is the edited transcript of his interview with CNBC-TV18

Q: What are the developments on the passing of the Bill?

Mittal: What is going to get passed on this Thursday or Friday is the Senate Bill and we do not expect that to change. I think it will get passed with the negative provisions.

At the same time, the House Bill has come up which is far more positive, does not have these restrictions and does not have anything which is discriminatory to us. From Thursday, the markups will start which are amendments.

There are some attempts to include some negative provisions, but I think we have assurance that those will not come in. The House Bill that will get passed in the next few weeks should not have the same negative provisions.

So, now you have two Bills that are coming up, one with and one without these negative provisions, but still containing all the other positive provisions such as increase in H1B visas or green cards and so on which are beneficial for us.

Q: Where are the assurances that have come in wherein you have been told that the negative implications of the Bill will be removed?

Mittal: We have spoken to the judiciary committee members in the house. There is a gang of seven which is developing the Bill. So, we should be very happy with the House Bill.

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