.... (This e newsletter since 2007 chiefly records events in Sikkim, Indo-China Relations,Situation in Tibet, Indo-Bangladesh Relations, Bhutan,Investment Issues and Chinmaya Mission & Spritual Notes-(Contents Not to be used for commercial purposes. Solely and fairly to be used for the educational purposes of research and discussions only).................................................................................................... Editor: S K Sarda
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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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