The Hindu : Opinion / Letters to the Editor : Astronomical salaries

Online edition of India's National Newspaper
Tuesday, Mar 21, 2006

Opinion

Opinion - Letters to the Editor

Astronomical salaries

Looking at the astronomical salaries offered to IIM graduates in campus interviews one gets the feeling there is something unreal and basically wrong. True, the students who come out of these prestigious institutes are the cream of the crop. But are they worth such unreal salaries during the initial appointments? How superior are they to those who taught them but are still at the lower and realistic levels of earnings? The burden of these high salaries is ultimately passed on to the consumers and clients, which is very unfair.

K. Venkataraman,
Mumbai

* * *

In a country where engineers and postgraduates, for lack of opportunity, take up employment as constables, such salaries can make way for an economic imbalance. With extreme poverty on the one hand, and myriad opulence, on the other, when will India achieve equality? Lopsided development is one of the reasons why the cost of living has skyrocketed. To curb this dangerous trend of widening disparities, governments should ban campus interviews.

V. Kameswaran,
Chennai

Printer friendly page
Send this article to Friends by E-Mail