India also has ~6-7% inflation based on official numbers, with the chance of it being much higher in reality. So even those who get hikes are only gaining just a bit more to keep their head above water.
The thing is, what constitutes a living wage is based on the home location, and all other wages reflect to that level. Most of the wages go to the cost of living everywhere, especially to housing. There is the leeching class, landowners, leeching the fruit of labor from the workforce, and in the west they are leeching that much more in pure dollars. The sad thing is that wages increasing in India wouldn't go to increasing the value of life of the workforce, but the landowning leeches of that region.