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Is Merchant Navy still in Highest Paying Jobs of India? A review.


2017 has seen a lot of changes and it definitely shifted, if not changed, the whole money game in the Indian job industry.It is not easy to secure a high-paying job. Such posts require in depth knowledge and proper qualifications from good institutes.
Every person needs a job to survive in their life. But many of us aim  to settle in a good job and lead a luxurious life.
After a thorough research of Job Market we have made a list of top 10 best paying professions of 2017. Hers is the list.

  1. Management professionals
    Mid-Career- Rs 25,00,000;
    Experienced- Rs 80,00,000

  1. Investment Bankers
    Mid-Career – Rs 30,00,000;
    Experienced – Rs 50,00,000

  1. Aviation Professionals
           Commercial Pilot- Rs 20,00,000

  1. Oil and Natural Gas Sector Professionals
           Rs 15-20 lakh, with substantial perks.

  1. Medical Professionals
          General Surgeon- Rs 20,00,000

  1. Chartered Accountants
    Mid-Career – Rs 12,80,000;
    Experienced – Rs 25,70,000

  1. Marketing Professionals
           Experienced- Rs 15,00,000+

  1. IT and Software Engineers
           Mid career- Rs 8,30,000;
           Experienced- Rs 15,50,000

  1. Business Analyst
          Senior attorney- Rs 9,50,000

  1. Law professionals
          10,00,000 Per annum

So where does Merchant Navy stands in the above list? Let's take the average salary of top 4 ranks. Tankers are paying Master and CE in the range.of 14000 USD, whereas in Dry fleet, it's in the range of 10000 USD. For top 4 ranks taking average of 10000 USD and considering 7 months of service to complete NRI status, the average earning comes to :

Senior Rank average salary : 10,000 USD
Service Period : 7 months ( NRI )
Total In Hand Salary : 45,00,000 INR

The salary in Merchant Navy is still the 2nd best in the Industry. Although, 2017 has not been a good year for the Seafarers due to lack of jobs for junior ranks and no increase in senior rank salaries.
In these tough times also, Merchant Navy still a 2nd highest paying profession in India.
So, cheers guys.