This scheme has scam written all over it
The pay on offer is what an entry level Indian FO makes with an airline in India.
There is a huge shortage of Captains in India so any Indian FO with an ATPL and minimums to upgrade to Captain will easily find jobs with any growing airline in India. So obviously does not make sense for an Indian FO to take such an offer
Then the question needs to be asked who is this scheme for ?
Is it for a foreign FO ?
That wont be possible because Indian DGCA does not allow foreigners or expats to fly for an Indian airline as a First Officer.
Foreign Captains need minimum 500 hours on type as PIC in order to be given the permission by DGCA to fly as a Captain in India
Anybody else still wants to believe that this offer is genuine ?