I know one guy in my experience level with a pay of 12000000 rupees. He works in speech recognition and translation area in Bangalore. There are others in the 9500000 - 10500000 rupees range. But everyone is not an engineer in this sample. Some are directors too.

In contract based employees in specialized skills the numbers for my experience level goes even higher like in the 12000000 to 16000000 rupees range.

It gets me also thinking that I should take risk in life and choose contract based employment. But the work pressure is higher. There is also pressure of renewing contracts. So it is not an easy decision.