Hi I agree with you that moneywise we are far behind the other professions.. But this has happened because of the MNC's, for example , they are paying a software engg. 50,000pm because for them this is much cheaper as compared to paying salaries to their people in the US. We are helpless and the only way out is keep fighting..or for better change ur profession. Everything depends on your priorities in life but definitely a better pay scale in Biotech. or life sciences will attract better students and the quality of research in India can be improved. This in turn will bring high paying jobs too. There was a stipend-hike 3 years ago from CSIR/UGC for PhDs in India from 5000 to 10,000 per month. We also hope that this will increase further to a reasonable amount.
