Slumdog Millionaire: just how Much is 20 Million Rupees,Anyway?

20 million rupees. That’s a most cash, right? Well, type of.

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Slumdog Millionaire seems to it is in heading because that a big Oscar night, so we assumed we’d take a closer look in ~ the prize in ~ stake in the movie.

Without offering away as well much, I deserve to say the the protagonist is a contestant top top the Indian version of the game present “Who desires to be a Millionaire,” whereby the cool prize is a lining 20 million rupees. That’s a many cash, right?

Right?

Well, let’s take it a look, chai-wallah.

(Warning: Slumdog Millionaire “spoiler” to follow, as if the outcome of this movie were ever before in doubt.)

Those 20 million rupees works out come $436,020 in 2006 us Dollars (the movie was set in 2006, follow to the intro location card), much less than half of the American game show’s equivalent.

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But America is a much wealthier nation than India. So exactly how do the game show grand prizes to compare to the typical incomes of each country? not surprisingly, the Indian prize is worth far more to a typical Indian 보다 the American prize is to an American:

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How walk this analyze into purchasing power? assuming a roughly 29% tax rate for both countries, the leftover cash ($

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309,137.88) would permit our former chai-wallah to buy a fleet of 124 Tata People’s Cars in ~ $2,500 each. The American after-tax compensation ($709,000) would just buy 66 low-end Hyundai Accents in ~ $10,822 each:

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But speak he decided to invest his win in the Indian stock industry instead of blowing it every on consumer goods. How would he have fared contrasted to an American share investor?

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Since the middle of 2006, both indexes have actually lost significant value off of their peaks in late 2007/early 2008, but the Bombay share Exchange has actually fared much better than the Dow together of this writing.

It appears no issue which method you cut it, the Slumdog gets the much better end that the deal, even though his prize is smaller than the American equivalent in absolute terms. Yet this is every speculation. We have no way of knowing if Jamal resides a life totally free of gaue won worry, or if that blows his luck on negative stocks and Tata cars. Unless…

Sequel, anyone?

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