The Economic Times

Rs 80 lakh salary, but half as kidnapping insurance? IIM placement anecdote sparks debate online

A viral anecdote from IIM Calcutta placements details an Africa-based company offering an Rs 80 lakh per annum package, with Rs 40 lakh designated for 'kidnapping insurance.' This unusual offer has sparked widespread discussion about the discrepancy between advertised CTC and actual in-hand salaries.