Park your vehicle with ease, because you are in INDIA

My yesterday’s analysis might have made you mood make a nose dive. But don’t worry as every new day brings a fresh story with itself. My office is in the heart of Bangalore city, i.e. on M.G Road. As per my last organization, we don’t own the full building here, which means that the parking space is also not free. Though the company pays for the senior management’s parking, the middle and the lower management has to shall out Rs.15/hr >> Rs.130 a day >> Rs.3,120 a month >> Rs.37,440 a year. On an average if an employee works for 5 years in the co. (I am taking 5 years because the company is in a manufacturing industry where attrition levels when compared to IT Industry is comparatively low) he/she pays Rs.1,87,200 (and this is after assuming, there will be no hike in the parking fees for the next 5 years, which I know, is quite impossible)!!!
So this made my dynamic mind think, about the parking rates around the world. As usual, I opened Mr. Internet Explorer and typed in the KING of KING’s url www.google.com! Some search and this is what I found:


So guys and girls, CHILL as parking rates are the lowest in India. Now, I hope that you will carry a S.M.I.L.E (for the whole day) after reading this POST!
After today’s finding, I can proudly say, yet once again, JAI HO!
This survey came in The Economist's July 18th'09 edition.