SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: tsigprofit who wrote (33268)6/13/2005 12:41:04 AM
From: arun geraRespond to of 306849
 
>I've seen stated income in India for programmers very recently in the 15-20K range.>

True and that is better than most professions. In purchasing power parity it is the same as $75,000 to $100,000/year.

>India would never allow this to happen if the reverse were true.>

It is just the differential in currencies. Nothing in the hands of either govts. or industry. When a middle class Indian buys a US good like a PC, the price is like a month's salary. Then the currency conversion works against him. When he gets an offshore job, it works in his favor.

Similarly, most americans enjoy the hard work and resources from most third world, as their currency is stronger.

-Arun