To All Indians

Discussion in 'General Chat' started by slutz, Feb 18, 2011.

  1. #1
    Hey guys & girls.

    I'm just curious, over in India, is $1 USD a lot of money?

    Thanks for answering my question,
    ~ Slutz ~
     
    slutz, Feb 18, 2011 IP
  2. FreeFun4Every1

    FreeFun4Every1 Prominent Member

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    #2
    Your answer is Here
     
    FreeFun4Every1, Feb 18, 2011 IP
  3. slutz

    slutz Active Member

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    #3
    Yes I understand the conversion rate etc, but what I'm trying to ask is, is it a lot of money?

    Is 43 rupees good?

    ~ Slutz ~
     
    slutz, Feb 18, 2011 IP
  4. dinku

    dinku Greenhorn

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    #4
    lol awesome man :) i like your answer :)
     
    dinku, Feb 18, 2011 IP
  5. FreeFun4Every1

    FreeFun4Every1 Prominent Member

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    #5
    Its good but not so good..you can get talktime of around 40 mins lol..in your mobile

    thanx
     
    FreeFun4Every1, Feb 18, 2011 IP
  6. tonyran

    tonyran Peon

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    #6
    tonyran, Feb 18, 2011 IP
  7. mainhoondon

    mainhoondon Well-Known Member

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    #7
    lol... i think his question was authentic and not to insult indians

    typically 40 INR is like 40 bucks..
    you spend 1 buck in your currency, we get 40 bucks in ours ..1
     
    mainhoondon, Feb 18, 2011 IP
  8. Scoty

    Scoty Active Member

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    #8
    I'd have thought US$1 was a lot over there, as many of them seem to work for next to nothing (relative to those that use €, £ AU$ etc).
     
    Scoty, Feb 20, 2011 IP
  9. Luckysacrifice

    Luckysacrifice Peon

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    #9
    This is very interested. This means that $40 USD is equivalent to 400 INR?

    Let's say i move to India with $200,000 then I'm rich?
     
    Luckysacrifice, Feb 20, 2011 IP
  10. Abdul

    Abdul Peon

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    #10
    Hi,

    I understand your question. It usually depends on the class a person belongs to.

    For people below poverty line, its definitely too much, one person can get a food of one day in $1 (according to his standard)
    For a lower middle class family, its something to think about before spending
    For upper middle class family, it can be spend easily
    For rich people, its just nothing.

    Usually people who work online belong to lower middle class family and very few belong to upper middle class and hence for them its definitely worth. if they can get even $3/hr, it means they earn about nearly Rs.25000/- which will push them into upper middle class.

    Hope it makes your doubt clear.
     
    Abdul, Feb 20, 2011 IP
  11. sarahk

    sarahk iTamer Staff

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    #11
    We hear stories about the class/caste system and how its virtually impossible to move beyond the level you are born into.

    Is that still true or are there opportunities for hard work and education to elevate you higher?
     
    sarahk, Feb 20, 2011 IP
  12. capstonic

    capstonic Well-Known Member

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    #12
    Yes, its too much money in India, around 1$=45 INR
     
    capstonic, Feb 20, 2011 IP
  13. worldblackstar

    worldblackstar Member

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    #13
    That's why
    lot of indians like to work in US.
    US companies recruits Indians.
     
    worldblackstar, Feb 20, 2011 IP
  14. warteg

    warteg Active Member

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    #14
    ha ha ha ... TS just asking ....
     
    warteg, Feb 20, 2011 IP
  15. warteg

    warteg Active Member

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    #15
    well Indian rural is the same as Indonesia rural
    standard Indonesian rural monthly salary is $30 to $100
    fresh graduate bachelor is $150 up to $250
    with $100,000 you can hire good office 200m2 ($10,000 - $20,000) near downtown, hire a car ($5000) and 10 employees ($20,000) for a year.
    money left for buying PC each $500 and furniture $2,000 .... etc
     
    warteg, Feb 20, 2011 IP
  16. warteg

    warteg Active Member

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    #16
    for lunch I spent $1.5 that's average good enough food/meat
    I am at Jakarta
     
    warteg, Feb 20, 2011 IP
  17. massjo

    massjo Active Member

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    #17
    i think 43 would be fine/
     
    massjo, Feb 20, 2011 IP
  18. rgblogs

    rgblogs Active Member

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    #18
    $1 is nothing in India now....
    Electronics items are costlier in India.

    Clothes (branded) are more or less same...

    Beverages also same....

    Petrol is costlier here....over $1 / litre

    And there are numerous examples
     
    rgblogs, Feb 20, 2011 IP
  19. ayushi infotech

    ayushi infotech Peon

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    #19
    using 1$ = good lunch/break fast/ or dinner in india
     
    ayushi infotech, Feb 20, 2011 IP
  20. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #20
    Not at all too much. Its nothing. You can't even get a Pizza in 45INR or $1 in India.
     
    Digital_shubhi, Feb 20, 2011 IP