Tuesday, 28th January, 2020


RBI’s surplus money is the money IT companies saved by keeping freshers salary at 3 LPA for last 25 years

30, Aug 2019 By dasu

New Delhi: The 1.7 lakh crores of cash RBI transferred to Government has not come like this. According to a recent RTI, this much surplus in RBI coffers came due to sacrifices of three generations of freshers joining IT industry at the same starting package of 3 lakhs per annum.


While talking to us one of the veterans of the IT industry, Mr. Narayanaswamy said, “Unlike other industries, we the senior people at the IT industry knew some years down the line, India will have problems like this. Our senior management guys who take home a paltry salary of 10 to 15 lakhs per month won’t agree for one-rupee salary cut. So, the axe always fell on fresher’s salary”.

“However, they can feel good now, their contribution is going towards nation building. Otherwise how long Indian taxpayers can feed super hungry BSNL, Air India, Public Sector Banks who do nothing more than making India bankrupt” added Mr. Narayanaswamy.

Mr. Narayanaswamy hailed freshers for managing their lifestyle within 3 lakh per annum salary bracket for last twenty-five years, the time period in which a 50 paisa Idly has become 20 rupees in metros.

“It has not been easy for them; it has not been easy for us. With a heavy heart I address the IT freshers telling the challenges organization face year after year. Due to lack of jobs, they understand what we are doing is good for them only, otherwise who will close their education loans”.

For their sacrifice, Finance ministry is planning to appropriately reward the IT freshers. “We will send them a gold certificate in pdf format to every such fresher and as parle-G biscuits are not selling, we will send couple of packets of five rupees packets to them. By the way, all of us should remember 2022 is the acchhe din year as Modiji has hinted many times, which is just about 2 years away. Uske baat no more Parle G, everyone will get Good Day biscuits only”, said a finance ministry official.