◆More Indians wanting to work in India because of the slowdown: TimesJobs survey
【MUMBAI】Around 40% Indians are cautious about moving to the West for jobs due to the economic slowdown, a TimesJobs.com study has revealed. Not just that, highly-skilled professionals are now returning home in search of the economic opportunities they once sought abroad.
According to the study, some 34% still prefer to move to the West for a job, while 26% would like to opt for entrepreneurship. Out of the total respondents who mentioned that more Indians are seeking job opportunities in their home country, 28% believe that maximum job opportunities are in the IT/telecom and manufacturing sectors.
○India got 93,000 US work visas in 2013
【Bangalore, Pune】India is slated to get nearly 60 per cent of all H-1B work visas that the US issues worldwide. India alone got 93,000 H-1B visas out of an estimated 1,48,000 visas issued worldwide by the US in 2013. The rest 55,000 visas were shared by scores of other countries competing with India.
With the US on the path to an economic recovery, Indian IT services players seem to be rushing to bag as many H-1B work visas as possible. According to the US Citizenship and Immigration Services (USCIS), H-1B applications for FY15 (beginning October 1, 2014) touched the upper limit within the first five days of opening on April 1. The US has set a cap of 65,000 visas in the general category and 20,000 under the advanced degree exemption.
○US remains top overseas education destination
【Mumbai】The US is the most preferred international study destination. Australia, Canada and New Zealand have become the next most popular destinations, on the back of easier visa norms and more scholarships for Indian students. However, the UK has seen a drop in students.
Education consultants say there has been a drop in the number going to the UK after removal of post study work permit three years ago. He added that Canada has grown manifold in the past four years, while the US was still the first choice.
Data from the Institute of International Education, Educational Exchange Data from Open Doors 2013 showed that in the 2012-13 academic year, 96,754 students from India were studying in the US (down 3.5 per cent from the previous year). India is the second leading place of origin for students coming to the US after China.
【News source】
More Indians wanting to work in India because of the slowdown: TimesJobs survey
India got 93,000 US work visas in 2013
H-1B visa application limit for FY15 reached in five days
US remains top overseas education destination
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