Honestly with a lot of very good engineers paid in Europe less than 60kUSD I would say that I strongly disagree with your point of view. If you want to be paid like that move to Europe or to US. If you want to live in a country with an abysmal cost of life then be prepared to have less in absolute value. Heck, I know that with 60k in India you can have several servants and you can live like a king. I think that there is a limit to what the pointy head bosses are willing to pay once they realise that in proportion they are poorer than you.