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Saturday, October 2, 2010

The pay of a private company's CEO in India could certainly be comparable with the best in the world. But the same cannot be said about the CEO of the country, in other words, India's prime minister. As today's chart of the day shows, the ratio of the prime minister's basic salary in India to the GDP per capita in the country is among the lowest in the world if one takes the purchasing power parity into account. In fact, the same for China is also on the lower side. The heads of the developed nations on the other hand have quite an edge over the average citizens of their respective nations. In fact, US and Japan pay their leaders as much as 8 times the GDP per capita of their countries.

Source: The Economist

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