Based on the above inputs, answer the following questions: Briefly explain the political risk to be encountered by Newgen Technologies Limited.
CS Professional · Environmental, Social and Governance (ESG) Principles and Practice · PYQS · June 2024
Based on the above inputs, answer the following questions: Briefly explain the political risk to be encountered by Newgen Technologies Limited.
Answer & Explanation:
The Political risk is that of toughening of visa policies by present US Government. The new directive rescinds the previous guidance, which gave 'deference' to previously approved visas as long as the key elements were unchanged and there was no evidence of a material error or fraud related to the prior determination. This may affect the free movement of IT people from India across USA thereby also affecting the work of NTL.
Topics: Risk Management
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