The world's cheapest Domino's pizza is in inflation-hit India. It costs $0.60
The world's cheapest Domino's pizza is in inflation-hit India. It costs $0.60
CHENNAI/NEW DELHI : Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza. The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant ...
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The material conditions of people within India are just as important when putting things like this in context. The minimum wage for unskilled workers in New Dehli is equivalent to a salary of $202.64, or $0.10/hr. That pizza is insanely expensive for people in India.
6 hours of work for a Domino's pizza is pretty damn insane.
Legal minimum wage in Delhi 663 rs per day. Which is about $.80/hr. https://labour.delhi.gov.in/sites/default/files/Labour/generic_multiple_files/minimum_wages_current.pdf
That doesn't mean that wage is respected in India... Particularly in areas where labor far exceeds demand.
I don't know where you're getting the numbers on that conversion, 663 rs is equivalent to $8.08.
From your same source, I rounded up to 16800 rs and divided by 2080 (40/hr weeks for 52 weeks), which came out to 8.08 rs/hr, which converts to $0.10/hr. it doesn't seem to me that the daily wage is equivalent to the yearly wage. With a complete shot in the dark, it seems like that's intentional as a poor attempt to dissuade the use of short term labor.
That 16800 rs in the source is per month not per year. If it is 663 rs ($8.08) per day and lets say 10 hours of work per day then it is $8.08/10 ~= $0.80 per hour.
I can't access that website for whatever reason. Are you sure you aren't looking at the minimum wage in India and they are looking at the minimum wage in New Dheli?
663 is the per day wage for unskilled worker. 663/8 ~82.88. And since dollar is trading at around 82 rupees. It's about a dollar an hour. Again this the legal minimum wage. Lots of jobs especially in unorganized sector is below this but all workers in organised sector should be making above this.