According to a wage report issued in 2012 by the United Nations' International Labour Organization (ILO), India ranked 69 out of 72 countries listed, with the average monthly wage equivalent to $295 U.S. dollars or just over 18,117 rupees. The countries with lower wages than India include the Philippines, Pakistan and Tajikistan.Continue Reading
The report published by the ILO highlights the plight of workers in countries around the world. At such a low wage, it is difficult for Indians to earn a decent living and support their families. Because most cities are also very overcrowded, property prices are often very high. According to Numbeo, the price per square meter to buy an apartment in a city center is averaged at $1,295.23.
The country struggles to meet the needs of its poor and the disparaging difference between the classes in India is stunning. For those who are above the poverty level, life is good. The average person's disposable salary per month (after tax) is $478.10. However, according to Time Magazine, one third of the world's 1.2 billion poorest people live in India. For those living below the poverty line, approximately 1.4 billion children under the age of five die before their fifth birthday.Learn more about Salaries