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FYI, your programmers are underpaid. Friends of mine who have degrees in the humanities make more than 500 USD a month as programmers working for Indian startups. If you made 200 USD a month, you won't be able to live anywhere halfway decent in Chennai.

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It's all about standards of living. There are people working in call centers for $150-200 and still living in Chennai. I'm not saying $200 is enough. I'm saying there are good, employable, but un-employed people in this range.

Example? Recent college grads who already code.

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