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1.3 Net average monthly salary (adjusted for living costs in PPP) 2 Asian countries by monthly average wage. 3 See also. ... India ₹ 17,166 (self employed urban males)
Income in India discusses the financial state in India. With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 1,69,496 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country.
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
Members of Parliament have a base salary of ₹100,000 (US$1,200) plus other allowances. The Chief Ministers of Indian states have varying salaries, with Telangana 's Chief Minister earning the highest at ₹400,000 (US$4,800) per month.
The largest employers in India include companies, the military, railway and the government. To keep the list manageable in length, only those companies/employers which have at least 100,000 employees are included in the list.
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In 2021, extreme poverty was reduced to 0.8% [1] and India is no longer the nation with the largest population living in poverty. [2] There is significant income inequality within India, as it is simultaneously home to some of the world's richest people. [3] The average wages are estimated to quadruple between 2013-30. [4]
Labour in India refers to employment in the economy of India. In 2020, there were around 476.67 million workers in India, the second largest after China. [ 2 ] Out of which, agriculture industry consist of 41.19%, industry sector consist of 26.18% and service sector consist 32.33% of total labour force. [ 2 ]
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