India, Aug. 8 -- The US Department of Homeland Security is considering eliminating the 60-day grace period that allows certain foreign workers to remain in the country after their employment ends, a move that could leave thousands of visa holders with far less time to find another job or make arrangements to leave the country.

A proposed DHS regulation is currently under review by the White House Office of Management and Budget. The proposal has not yet taken effect, and its precise details will not be known until it is published in the Federal Register. If it clears the federal review process, the public would be given 30 to 60 days to submit comments before DHS considers a final rule. The regulation would not take effect until it is fo...