Country Description: Russia

Living Standard:

Over a half of Russians say they have a good life and three-quarters think their lives improved in 2016, according to the latest public opinion poll. Russia has several areas of strength in comparison to other countries. At 70% in 2016, the employment rate in Russia is the highest among the OECD partner countries. Rates of both adults’ upper secondary educational attainment and students’ cognitive skills at age 15 are highest among the OECD partner countries. Social support is remarkable with 90% of Russians reporting of having friends or relatives whom they can count on in times of trouble, in the period 2014-16.

 

Economic Development:

Russia’s economic development continues amidst enhanced macroeconomic stability, gradual monetary loosening, and ongoing momentum in global economic growth says the World Bank’s latest Russia Economic Report. With a rebound in disposable income and consumption, the poverty headcount declined marginally in 2017 to 13.2%. A strategic focus on digital transformation has enabled Russia to build a national digital infrastructure to support universal broadband and mobile communications.

 

Living Expense:

Living Cost: around $400-500 per month

Grocery Bill: around $40-80 per week

Transport: metro pass costs between 250-500 Roubles/month. Bus, tram, and trolleybus tickets cost 10-50 cents/journey, irrespective of length.

Clothes: it is worth buying winter clothes from Russia as they are cheaper than most of the other countries and quite suitable for the Russian climate.

Communication: international phone cards offer very good rates: $10 per hour when calling Europe and America from Russia. Any calls made within the city are free of charges in Russia.

 

Weather Conditions:

The weather in Moscow, St Petersburg and Volgograd varies greatly according to the season. The winters are long and cold and the summers are hot with occasional thunderstorms.

 

Currency Value:

The Rouble has been the currency of Russia for approximately 500 years. There have been different versions of Rouble due to the various changes in the currency’s value.

1 Russian Rouble (RUB) equals 1.12 Indian Rupee (INR)

 

Medical Education Standard:

The medical universities in Russia succeed to offer advanced medical education with well-equipped infrastructures and innovative teaching methods along with low tuition fee. The Embassy of India in Moscow states that 99% of Indian students in Russia are pursuing medicine. According to WHO, medical universities of Russia hold around 30 positions amongst the top 100 Medical Universities in the world.

error: Content is protected !!