Indian Govt is looking at multiple options to ensure IT sector is not severely hit due to protectionism. Here’s what it is doing
Feb 27, 2017, 12:45 IST
The Indian Government is suggesting several measures and lobbying the World Trade Organisation (WTO) in the backdrop of rising clamour of protectionism.
India is looking for support on increased trade in services, making sure the Indian IT services are not severely hit due to changing policies by the Donald Trump administration.
For starters, the Indian Government has suggested multiple entry visas for professionals meeting the host country's immigration criteria in a comprehensive proposal on cross-border movement of services.
India made these proposals in the draft legal text of the Trade Facilitation Agreement for Services that it submitted to the WTO on February 23.
As per reports, India has also suggested scrapping the social security contributions by professionals on short stints overseas.
The proposal also calls for insurance portability and quicker visas for those seeking medical treatment.
The proposal also suggests that countries shouldn't impose barriers on the flow of personal information on account of differing data protection measures.
Advertisement
India is looking for support on increased trade in services, making sure the Indian IT services are not severely hit due to changing policies by the Donald Trump administration.
For starters, the Indian Government has suggested multiple entry visas for professionals meeting the host country's immigration criteria in a comprehensive proposal on cross-border movement of services.
India made these proposals in the draft legal text of the Trade Facilitation Agreement for Services that it submitted to the WTO on February 23.
As per reports, India has also suggested scrapping the social security contributions by professionals on short stints overseas.
Advertisement
The proposal also suggests that countries shouldn't impose barriers on the flow of personal information on account of differing data protection measures.