Gold card visa opens doors for US firms to employ Indian graduates, says President Trump
Washington DC: US President Donald Trump has announced in the backdrop of his new ‘gold card’ visa offer that American companies can use the initiative to hire Indians who graduate from US universities.
President Trump had offered ‘gold card’ visas for $5 million, in place of the old visas, to help the immigrants get US citizenship. Driven by Trump’s mindset of everything being a business, the initiative is set to come into force by April, with around 10 million card visas likely to be offered in the initial phase.
It would also replace the current EB-5 visa program that gives residency to investors for at least $1 million for business houses that have 10 or more employees.
The new announcement is considered to be a boost for Indian students, with the President highlighting on how the current immigration policy had prevented people from all over the world, particularly India, from staying and working in the US. He said that the immigrants study at various universities in the US and apply for jobs, but their applications are rejected as the employer had no clue about the eligibility of the applicant to stay in the US.
When asked about the consequences of the new policy, Trump admitted that talented people who had studied in the US earlier had been forced to leave the country but had become successful entrepreneurs in their native countries. "They go back to India, or they go back to the country where they came from, and they open up a company, and they become billionaires. They're employing thousands of people," he said. He also stressed on the fact that the US missed the economic opportunity of utilizing such talent.
The President has presented his new gold card initiative as a positive alternative to the current green card, stating that the gold card would provide long-term residency and a pathway to citizenship. Calling the gold card program a game changer, Trump said about the card-holders, "They'll be wealthy, and they'll be successful, and they'll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it's going to be extremely successful."
The initiative is also considered as a benefit for the US as it would be a means to generate revenue. "If we sell a million (cards), that's USD 5 trillion dollars," Trump said and added that the revenue could be used to pay off national debt.
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Only escort, pilot vehicles for CM's car; people should not be blocked: Satheesan
Thiruvananthapuram (PTI): One of the first decisions taken by Kerala Chief Minister-designate V D Satheesan after being picked for the post was to limit his convoy to three vehicles, in contrast to his predecessor’s large motorcade that had drawn criticism from various quarters.
According to party sources, Satheesan has directed that only a pilot and escort vehicle should accompany his official car and people on the road should not be blocked while he travels.
His decision is a major shift from the VIP culture of ministers as well as the huge motorcade of more than 10 vehicles that was seen when Pinarayi Vijayan used to travel.
Even former Kerala CM Oommen Chandy also did not have a huge motorcade like that of Vijayan.
