Lakhs per annum/ CTC
Hope you heard this word, whenever you ask your friend or relative who is working in IT sector regarding their salary. They just brag about it by saying how much they get it per “Year”, I always wondered why did they say it for a year? Isn’t it salary given every month?. Recently, when I was hiring a few developers for a US client, I questioned a candidate regarding how much she is expecting per month. she replied ‘6 Lakhs’. When I repeated the question and again insisted her to tell how much she wants in-hand per month, she was confused for a few minutes as she was tuned to ask or tell salary in lakhs per annum. Though in reality, she gets salary with deductions per month.
I have seen many of my friends who work in Bangalore and earn 15k per month, but the capitalistic companies have tuned their minds to mention their salaries in form of packages, which will be in lakhs for sure. That gives a good impression to the person or parent that his son’s/daughter’s salary is at Lakhs. May be in future they can tune your minds to mention about your salaries per decade so that it sounds in crores.
Have you ever observed the job descriptions posted by companies? Candidate should know Html, CSS, Javascript, Angular, React, good knowledge in AWS, AZURE and Java or Python. Sometimes it just resembles that they aren't looking for a single person, they are looking for an entire department in one single person. A software employee never knows that there is 8–8–8 rule, they can avail OT when they work after 8 hours, they can take leaves when they are sick and they can opt not to lift office calls after their work is done.
Is it the mistake of only software sector? or the system as a whole. The above scenario reminds me of the “Industrial Revolution” of Europe. Wherewith the advent of machines and support from the ruling systems, the labour class were tuned to do more work. The same reason then and now used by the owner/entrepreneur is the same “ Why do you need a break after all its machine that's working all you're doing is operating it”.
“Reason has always existed, but not always in a reasonable form” — Karl Marx.
Until the advent of communist ideologies penned down by Karl Marx at the age of eighteen and which were popularized during the Russian revolution. The working class never knew what they were deprived off, with the knowledge of their rights and forming unions which used to question the private ownership, the then USSR has flourished rapidly being an economic power for more than half a decade in the global scenario.
Communist ideologies and labour unions were a backbone of Indian society too after the independence. Student unions, labour unions had a strong grip over the political scenario gaining their equality, liberty and freedom parallelly providing a strong workforce for building the Indian economy. Every university or college was a place of knowledge, debate. Poets like Sri Sri encouraged the concept of questioning and analyzing every single law or convention developed by the govt or an institution. People weren’t programmed in such a way, where they exist as a robot and the computers or algorithms maintained by Big four are able to decide what they should buy or what they should eat or whom they should choose.
People say communism has failed after the fall of USSR. For me, communism never failed, because if you read Das kapital the core concept of communism states that “ A person should receive the same amount of wealth which he has contributed to the society” beautiful, isn’t it?. But core mistake in communism lies not in the ideology but due to the various versions and adaptations created by many other leaders like Lenin, Stalin, Mao, Kim dynasty etc. Because of these changed and personal agenda filled versions, communism is now seen as authoritarian single-party governments which exist in China, North Korea, Vietnam etc.
In contrast to the global scenario, India had the longest democratically elected Communist government at West Bengal. Every idealogy or theory or an article should be read to the core before coming to a conclusion by listening to half-knowledged people who can conclude or propagate the idea of their own, which may be loosely based on the core concept, this what exactly happened with communism.
“History repeats itself, first as tragedy, second as farce” — Karl marx.
In my view, the current scenario in India is similar to that of the Industrial revolution. Where the government is opening its doors for private ownership even at defence and railways, which is a sign of a clear shift towards 100% capitalism. Where the working class or the students aren’t even aware of their rights and have completely lost their analyzing or questioning abilities. With no labour and student unions, one generation would definitely face the troubles under the governments which only concentrate on profit-making as their key role rather than human development backed by happiness than GDP.
I foresee the future of the world where communism transforms itself with new ideas and ideologies which fits for the current scenario. I wish to term it as “neo-communism”. Thus again bringing the balance in the society between the working class and private ownership.
