Exp - 5.5 yoe, Full stack dev at major product company
Education - Tier-3 B.Tech
current - 20L fixed

Offer details -
Fixed - 30L
Joining Bonus - 2L (if joined within 1 month)
Also recuiter stated I'm elligible for upcoming prorated appraisal in December.

so in this economy is getting a 50% hike good enough, Recruiter won't budge at all and the situation at my current org is very grim, too much workload with constant layoffs and no appraisals