Finance Ministry underlined that regulatory reforms, infrastructure development, and cooperative federalism will be crucial in cushioning the economy from external shocks. (Photo source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Finance Ministry’s Economic Outlook for August has warned that the United States’ decision to impose a one-time fee of $100,000 on all future H-1B visas poses a significant risk to India’s services sector, even as the broader economic picture remains upbeat.

The report noted that India’s services exports and remittances could face disruptions if the steep visa fee persists. Reduced mobility for Indian professionals may hit future remittance inflows and dent the services trade surplus, a critical driver of external resilience, u

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