What is the minimum wage in India??

Question

Also, what is the currency for the country?? And, how much of this currency is equivalent for 1 USD??

Answer 1

Hi,

Rupee is the currency.

1 USD is roughly equal to 45 rupees.

( You can get a lunch for as less as 15 to 20 rupees, so you can ger an idea about it )

Minimum wage in India depends upon the domain in which they are employed.

There are people who work in Non IT sectors for as low as 200 rupees for a month. (equal to 4 USD).

In case of IT sectors there are both employees who are paid 2500 to 3000 rupees ( avg: 67 USD) and those who are paid 15000 to 25000 (avg: 445 USD ) at the starting level (freshers)

Answer 2

it varies from state to state - but on an average , as a thumb rule  on a per day basis , it is around

a) for unskilled labour USA $ 2 equivalent,

b) semiskilled like computer operator/clerk around USA $ 4-8

c) Highly skilled like computer analysists etc USA $ 50 -100 depending on skills

Local currency in india is Rupees ( Rs ), and Rs 45 is equivalent to US $ 1 ( 0NE )

Answer 3

minimum wage is 1US/PER DAY

india's currency is'' Rs.''

and 1US=about 50 Rs.

Answer 4

The minimum wage in 1996 was from 24 US cents to about 2 dollars per day. Yes, per day, not per hour. The hourly rate is therfore from 3 cents to 24 cents . The prevailing rate is higher; from $ 1.65 to to $ 3.55 per day.

The currency of India is the Indian Rupee (INR). One INR is worth about 2.27 US cents. A US dollar is therefore worth about 44.125  INR.

Answer 5

the most minimum wage in india is Rs.1/day or Rs.30/month as they are many people in india,who would like to work anything for any cost.but the highest salary would be aroundRs.7500000/year or even more than that...........

Answer 6

dunno your ugly i am just kiddin i think it is 3 bucks

Answer 7

Rs.50/day

Answer 8

In India there are three categories of minimum wages.

1- skilled           2694 Rs/ for 26 working days.

2- Semi skilled- 2593 Rs/ for 26 working days.

3-UN skilled       2476 Rs/ for 26 working days..

Indian currency is rupee and equivalent to $45.

(Exchange rates are variable day to day). employer have to give

Four holidays and other national and religious holidays to workers.

minimum wages are increased at every six months.These wages are for Oct.06 to April 07.

Answer 9

In cities like hyderabad,workers getting 100Rs per day where as in some villages they are getting only 30Rs per day.our currency is rupee.