Over 200 Indian CEOs are crorepatis


Jump to Page:
< Previous  [ 1 ]    Next >




desi in ottawa   
Member since: May 04
Posts: 1627
Location:

Post ID: #PID Posted on: 06-07-05 11:19:52

http://us.rediff.com/money/2005/jul/06ceo.htm

Vivek Paul, who left Wipro last week, took home Rs 7.15 crore (Rs 71.5 million) as vice-chairman of the company last year. Former Ranbaxy Laboratory CEO Davinder Brar earned Rs 4.17 crore (Rs 41.7 million) and A Hieronimus, MD of Motor Industries, took home Rs 3.25 crore (Rs 32.5 million).



Loser   
Member since: Sep 04
Posts: 1052
Location: Nice ,USA

Post ID: #PID Posted on: 06-07-05 11:34:43

http://www.cia.gov/cia/publications/factbook/fields/2046.html

POVERTY LINE definition, as per Government of India, see below for explanation, at Rs. 10 per day, per person, approx. Rs. 300 /month.

The World Bank's definition of the poverty line**, for under developed countries, like India, is US$ 1/day/person or US $365 per year. As per this definition, more than 75% of all Indians are, probably, below the poverty line!
As per the Government of India, poverty line for the urban areas is Rs. 296 per month and for rural areas Rs. 276 per month, i.e. people in India who earn less than Rs. 10 per day. As per GOI, this amount will buy food equivalent to 2200 calories per day, medically enough, to prevent death. At this level of earning, even in a poor country like India, survival on Rs. 10 per day is a nightmare! This actually translates to Rs. 3650 per year or US $ 75 per year.
The minimum wages in India, vary from state to state and city to city, and average Rs. 1000 - 1250/month or Rs. 12,000 - 15,000/yr. Or US $ 250 - US $ 300/yr. India's per capita is US $ 440 per year. (China's is US $ 990).

source http://www.wakeupcall.org/index.php


-----------------------------------------------------------------
You know you are a desi when ........ You spew forth the virtues of India, but don't want to live there...............You've never had a tanning salon membership


DesiTiger   
Member since: Aug 03
Posts: 1205
Location: Mississauga

Post ID: #PID Posted on: 08-07-05 23:09:59

Quote:
Orginally posted by Loser

POVERTY LINE definition, as per Government of India, see below for explanation, at Rs. 10 per day, per person, approx. Rs. 300 /month.



We need MORE Call Centers in INdia. Then the majaority of India's population can work for Call Centers and earn decent wages :D

Yay to Outsourcing :cheers:


-----------------------------------------------------------------
Microsoft - Which end of the stick do you want today?




Jump to Page: < Previous  [ 1 ]    Next >

Discussions similar to: Over 200 Indian CEOs are crorepatis

Topic Forum Views Replies
Vibrant Gujarat
Our Native Country! 2091 2
SASKATCHEWAN A GOOD PLACE TO SETTLE!!!!! ( 1 2 )
Where to settle 4057 9
Over 200 Indian CEOs are crorepatis
Our Native Country! 1705 2
Wipro bags $300 mn GM deal
Our Native Country! 1670 3
What Laxmi Mittal can do?
News and Events 2225 4
TV cos rush to grab Rs 5,600-cr biz
Our Native Country! 1546 0
Salcomp of Finland to set up plant near Chennai
Our Native Country! 1557 0
Question:Who is India's biggest superstar?; Answer: Saar ! ( 1 2 )
Filmi Gupshup 4286 13
KKR of US to invest $515 m in Indian IT sector
Our Native Country! 1454 0
Comparison Toronto / Mumbai Municipality
Our Native Country! 1716 1
MTR Foods sold for Rs 443 crore
Our Native Country! 1525 0
Thank God , India Lost !!! ( 1 2 3 )
Sports 4389 15
Got Rs 45 lakh? Buy Canadian citizenship ( 1 2 )
Business Class 5553 8
citizenship
Citizenship 2313 1
Desi ko 30 Million Ka Chuna!
USA 1814 1
PS Banks know how to make money
Our Native Country! 1887 6
What would you do if you win $35 million in 6/49? ( 1 2 3 4 5 )
General 5935 30
G20 Summit and the Politics of Tax Havens
Our Native Country! 1801 4
Rs 117cr in just 7 days, 'Robot' Rajini smashes all records
Filmi Gupshup 1643 3
It's official - Manmohan Singh the most corrupt PM ever of India ! ( 1 2 3 ... Last )
Our Native Country! 8341 47
An Interesting blog by Pritish Nandy........
Life 1301 2
Madrasi and Punjabi
Have Fun! 1166 1
Indians Settled Abroad - Top 10 Countries - By Population
General 1916 4
AAP SWARAJ BUDGET ( 1 2 3 )
General 2645 14
Sub se Bada Rupiyya....Sab se bada
General 1723 0
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.