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Firstly, remuneration must be based on the skills you offer and the value you bring to the organization and not only on the cost of living in a particular city.
Secondly, I have seen many girls who were far better than me and hence got more salary compared to me. Citing such gender based reasons sounds foolish and shows what type of a culture the organisation has irrespective of the big brand name..
You should look for better options

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I totally second with your thought..better to move on to another company where they don't have criterion based on gender

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