What is minimum wage per hour in India?
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What is minimum wage per hour in India?
Minimum Wages in India averaged 99.65 INR/Day from 1996 until 2021, reaching an all time high of 178 INR/Day in 2019 and a record low of 35 INR/Day in 1997. This page provides – India Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Whats the average daily wage in India?
Wages in India is expected to reach 372.33 INR/Day by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Average Daily Wage Rate is projected to trend around 397.00 INR/Day in 2022 and 419.00 INR/Day in 2023, according to our econometric models.
What is a normal wage per hour?
$19.58
State wages, including historical averages and median pay.
| State | 2007 Real Median Hourly Wage | 2016 Real Median Hourly Wage |
|---|---|---|
| Illinois | $18.29 | $18.40 |
| Arkansas | $14.40 | $14.48 |
| Minnesota | $19.18 | $19.28 |
| California | $19.58 | $19.67 |
What is the average annual income in India?
The average salary in India is very low comparing to other countries like the USA, UK, Russia, etc. However, India is a developing country and the average salary is gradually increasing. The average salary in India is $5600. In 2018 this was around $3500 per annum.
What is the median income in India?
The annual median per capita income in India stood at $616 , the 99th position among 131 countries. Median means half of the respondents involved in the research get an income less than $616 and the others half above that. Among the BRICS economies, Russia’s median per capita income was the highest as people earned $4,129 a month.
What is basic wage in India?
India offers the most competitive labor costs in Asia, with the national-level minimum wage at around INR 176 (US$2.80) per day, which works out to INR 4,576 (US$62) per month. This is a national floor-level wage – and will vary depending on geographical areas and other criteria.
What is the average annual income in Indiana?
According to the Census ACS 1-year survey, the median household income for Indiana was $57,603 in 2019, the latest figures available. Compared to the median US household income, Indiana median household income is $8,109 lower. 2020 Census ACS data (including 2020 Indiana household income numbers) will be released in September of 2021.