A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently in the US.
If successful, this law will benefit over 200,000 people, mostly Indians.
Under the current system, individuals from countries with large populations -- such as India and China -- face decades-long wait times to achieve lawful permanent resident status.
Former President Donald Trump last spring halted the issuance of green cards until the end of 2020 in the name of protecting the coronavirus-wracked job market
Officials can deny immigrants green cards on the basis of public benefits used, under the rule.
The move is likely to impact several Indian companies which send their technology professionals on B-1 visas for a short stay to complete jobs on-site in the US.
The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
The statement came hours after the Donald Trump administration announced new restrictions on H-1B nonimmigrant visa programme which it said is aimed at protecting American workers.
A majority of Indians waiting in line for family-based Green Cards are siblings of US citizens.
The present move, if it turns into law, will benefit thousands of highly-skilled Indian IT professionals who aspire to live and work permanently in the US.
Lifting the per-country cap on Green Card would mainly benefit high-tech professionals on H-1B work visas from countries like India, for whom the wait for Green Card is more than a decade.
Currently, most of the cards are issued based on family links and diversity visa, and a small section is given to people who are professionals, and highly skilled.
The H-1B visa, most sought-after among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
The President's comments came amid tension over a caravan of an estimated 5,000 to 7,000 people, mostly from three Latin American countries, currently marching towards the southern US border of Mexico with the intention to enter the US.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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