CHENNAI/NEW DELHI : Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza. The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant inflat
  • rockSlayer@lemmy.worldEnglish
    32·
    2 years ago

    I don’t know where you’re getting the numbers on that conversion, 663 rs is equivalent to $8.08.

    From your same source, I rounded up to 16800 rs and divided by 2080 (40/hr weeks for 52 weeks), which came out to 8.08 rs/hr, which converts to $0.10/hr. it doesn’t seem to me that the daily wage is equivalent to the yearly wage. With a complete shot in the dark, it seems like that’s intentional as a poor attempt to dissuade the use of short term labor.

    • vaseltarp@lemmy.worldEnglish
      31·
      2 years ago

      That 16800 rs in the source is per month not per year. If it is 663 rs ($8.08) per day and lets say 10 hours of work per day then it is $8.08/10 ~= $0.80 per hour.

    • somethingsnappy@lemmy.worldEnglish
      1·
      2 years ago

      I can’t access that website for whatever reason. Are you sure you aren’t looking at the minimum wage in India and they are looking at the minimum wage in New Dheli?

    • i_am_hard@sh.itjust.worksEnglish
      11·
      2 years ago

      From the link. 663 is the per day wage for unskilled worker. 663/8 ~82.88. And since dollar is trading at around 82 rupees. It’s about a dollar an hour. Again this the legal minimum wage. Lots of jobs especially in unorganized sector is below this but all workers in organised sector should be making above this.