Economics of Begging in Bangalore
Lately, I have been observing the beggars at all the traffic junctions in Bangalore when I'm stuck for a long time in traffic. I've noticed a very important pattern. :
At any big traffic junction, the traffic at the signal has to wait anywhere from 120 to 180 seconds these days. A beggar can cover at least 30 vehicles in this time and at least
1 in 5, give the beggars some money. This money these days is anywhere from Rs 1 to Rs 5. I've even seen a guy give out Rs 100 to a beggar.
So at a 3 min traffic light junction, a beggar can make anywhere from Rs 5 to Rs 20. Even if we assume the lower limit, in an hour a beggar makes Rs 5 * 60/3 = Rs 100. If he/she works for 8 hours a day like most of us, he/she will make Rs 800/day.. and that's about Rs 24,000 / month.
Now Rs 24,000 / month is lot more money than what most fresh software engineers get paid these days. The beggars don't even have to worry about tax on the money they make.
Who says the money in Bangalore does not trickle down to the poor :)