Wages in 1595 were 45% higher than in 1960

Ashok V. Desai in The Telegraph, Calcutta:

“In 1972, I took time off from work and taught in Delhi School of Economics. Once when I was browsing in the bookshops close by, I came across Abu’l Fazl’s Ain-i-Akbari. There I saw some statistics of the Mughal empire. I compared them with recent ones, and concluded that the average real wage of Akbar’s courtiers was 45 per cent higher than the average Indian real wage in the 1960s.”

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