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Day 530: India’s Sudden Weight Gain

IHT: As India grows prosperous, inflation starts spiraling

Demand for nearly everything from housing to beer is outpacing supply in part because white-collar salaries are rising faster in India than anywhere else in Asia, climbing 13.7 percent on average over the past year

… Wages for junior managers and technical staff are rising fastest of all … But junior and middle managers still earn only one-fifth to two-fifths of what they would in the United States or Europe.

1 comment… add one
  • liprap February 11, 2007, 6:24 AM

    Ummmm…large and in charge?

    Sorry, I couldn’t resist…

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