Man­u­fac­tur­ing low­est-paid sec­tor in In­dia

India Business Journal - - NEWS ROUND-UP -

The me­dian hourly salary in the man­u­fac­tur­ing sec­tor has de­creased by 16 per cent from Rs 252.10 in 2015 to Rs 211.70 in 2016. This sorry state con­tin­ues de­spite the gov­ern­ment's con­cen­trated ef­forts to­wards mak­ing In­dia a man­u­fac­tur­ing hub, notes a Mon­ster Salary In­dex re­port. The high­est me­dian gross hourly salary has been ob­served in the bank­ing, fi­nan­cial ser­vices and in­surance sec­tor at Rs 433 in 2016, fol­lowed by IT at Rs 386.80 and health­care, car­ing ser­vices and so­cial work sec­tor at Rs 242.50.

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