Do Indians spend too much on weddings?
- Thread starter neerajchauhan
- Start date
arbindsahoo
Aurobindo Sahoo
yes they are. and it's such a waste of money.Indians always do that not only in weddings but also in some occasional ceremony they also spend lots and lots of money.
Properties in Bhubaneswar
Properties in Bhubaneswar
puneet.jaiswal1
Puneet Jaiswal
Mindset of our people has not changed yet..they keep on saving money for marriages since the birth of the child especially girl child. Flaunting ones wealth on exotic locations, multi cuisines, apparels has become so common.. reasons mentioned for the same is 'one gets married only once' !. It is usually the brides party which spends more..now grooms party is also not far behind though..so many festivities take place after marriage as well !
ishankelvalkar
Ishan Kelvalkar
Sharing data of how much our MPS spend on the country and then you can compare it with spendings in weddins..
Yes it should be mandatory to all MP’s to declare their funds utilised It is now high time that each elected MP must have an Annual Action Plan to utilize the funds allocated in April every year along with the strategy to implement it the same with focus on expected results. This plan should be made public on web, TV, Newspapers in the concerned State. Also in Parliament and Rajya Sabha there should be full discussion on this by presentation of developments in States. Next year allocation should be limited to the amount already utilized in previous year. Candidate seeking election should give full particulars of the Annual Action Plan for utilizing the funds in the local media. CAG should audit the use of funds and report discussed in Parliament. There is need to study this issue by the Expert Committee since Tax payers are being squeezed and sometimes feel themselves white bled. UNSPENT balance of present and former Rajya Sabha MP’s was 3186 Crores.
the percent of utilization over released amount is as low as 9.43%Each Member of Parliament now gets Rs 2 crore (Rs 20 million) a year to undertake such projects. That was not the allocation amount when MPLADS started. An MP was given only Rs 5 lakh in the first year of the scheme. The following year, it was raised to Rs 1 crore (Rs 10 million). This was doubled in 1998-99 and there has been no change in the allocation amount since then.
After the announcement of the general election results, it will be interesting to examine how well the funds under MPLADS have been used by the people's representatives.
The relatively low utilisation for Rajya Sabha MPs took place in spite of the relaxation that they could recommend works in one or more districts in the state from where they have been elected, unlike Lok Sabha MPs who can identify development projects only in their constituencies.
Data collected and compiled by the district authorities on the utilisation of MPLADS funds reveal an interesting trend. Of the Rs 19,426 crore (Rs 194.26 billion) allocated, data on how Rs 7,000 crore (Rs 70 billion) have been spent is available with the Ministry of Statistics and Programme Implementation which monitors the scheme.
The data available with the government should be used to determine if the funds released and used are indeed well-spent. Surely, there should be a mechanism in place to check if the MPs are actually creating durable community assets or using the funds only to further their electoral prospects
Yes it should be mandatory to all MP’s to declare their funds utilised It is now high time that each elected MP must have an Annual Action Plan to utilize the funds allocated in April every year along with the strategy to implement it the same with focus on expected results. This plan should be made public on web, TV, Newspapers in the concerned State. Also in Parliament and Rajya Sabha there should be full discussion on this by presentation of developments in States. Next year allocation should be limited to the amount already utilized in previous year. Candidate seeking election should give full particulars of the Annual Action Plan for utilizing the funds in the local media. CAG should audit the use of funds and report discussed in Parliament. There is need to study this issue by the Expert Committee since Tax payers are being squeezed and sometimes feel themselves white bled. UNSPENT balance of present and former Rajya Sabha MP’s was 3186 Crores.
the percent of utilization over released amount is as low as 9.43%Each Member of Parliament now gets Rs 2 crore (Rs 20 million) a year to undertake such projects. That was not the allocation amount when MPLADS started. An MP was given only Rs 5 lakh in the first year of the scheme. The following year, it was raised to Rs 1 crore (Rs 10 million). This was doubled in 1998-99 and there has been no change in the allocation amount since then.
After the announcement of the general election results, it will be interesting to examine how well the funds under MPLADS have been used by the people's representatives.
The relatively low utilisation for Rajya Sabha MPs took place in spite of the relaxation that they could recommend works in one or more districts in the state from where they have been elected, unlike Lok Sabha MPs who can identify development projects only in their constituencies.
Data collected and compiled by the district authorities on the utilisation of MPLADS funds reveal an interesting trend. Of the Rs 19,426 crore (Rs 194.26 billion) allocated, data on how Rs 7,000 crore (Rs 70 billion) have been spent is available with the Ministry of Statistics and Programme Implementation which monitors the scheme.
The data available with the government should be used to determine if the funds released and used are indeed well-spent. Surely, there should be a mechanism in place to check if the MPs are actually creating durable community assets or using the funds only to further their electoral prospects
UdayGupta13
Uday Gupta
Yes. Indians spend too much on weddings which is considered an essential part of this diversified tradition. Parents save up for years for their children's marriage which considered a part of their responsibility.
meinyahanhoon
Shashank Amarji
We have 2 aspects of this 'Marriage-Investment'.
Firstly, there are people who have a decent bank balance and are willing to spend a good amount of money on marriages. They obviously don't hesitate in investing for some good enjoyable time full of pleasure.
But, there are so many people who see it as a liability. For their daughter, they start a marriage fund and savings right after her birth. And if they have more than 1 daughter, they end up leaving a miserable life. There major concern usually is the status in the society and what people might talk about behind their back if they don't arrange a good marriage ceremony. With around 30%u0025 of population below poverty line and a lot more families belonging to lower-middle and middle class, these kind of people make a majority.
Most of the marriages are expensive, but whether the money spent is worth totally depends on the willingness of the host. For a rich, definitely there are many other ways to invest that amount on other better causes. For a relatively poor person, his liability-burden eats him.
Instead, if the money spend in marriage ceremony (anything between a couple of lacs to few crores) is simply put in bank or donated directly to the newly wedded couple, it would serve in a much better way in long run.
But this is India. If people own resources or have easy access to it, they will most probably waste them.
Firstly, there are people who have a decent bank balance and are willing to spend a good amount of money on marriages. They obviously don't hesitate in investing for some good enjoyable time full of pleasure.
But, there are so many people who see it as a liability. For their daughter, they start a marriage fund and savings right after her birth. And if they have more than 1 daughter, they end up leaving a miserable life. There major concern usually is the status in the society and what people might talk about behind their back if they don't arrange a good marriage ceremony. With around 30%u0025 of population below poverty line and a lot more families belonging to lower-middle and middle class, these kind of people make a majority.
Most of the marriages are expensive, but whether the money spent is worth totally depends on the willingness of the host. For a rich, definitely there are many other ways to invest that amount on other better causes. For a relatively poor person, his liability-burden eats him.
Instead, if the money spend in marriage ceremony (anything between a couple of lacs to few crores) is simply put in bank or donated directly to the newly wedded couple, it would serve in a much better way in long run.
But this is India. If people own resources or have easy access to it, they will most probably waste them.
puneet.jaiswal1
Puneet Jaiswal
yes we do .... according to survey we spend 60% more then other developed countries.
primrose111
Primrose Andra
nice sharing. umaaaaaaaaah
primrose111
Primrose Andra
yes i am agree with u that indian much spend in the weeding
primrose111
Primrose Andra
the ration of ashian more then 75%u0025 spends on their weedings
primrose111
Primrose Andra
in pakistan grater then people spends alotr on their weedings ceremoneyes
primrose111
Primrose Andra
As defined by Watson (1986), poetry is a creative understanding of knowledge uttered through ... evoke an emotional reaction. Since times immemorial, poetry has been credited for its application of ... in the passing and expression of knowledge. Poetry has undergone numerous milestones and drastic reinvention
simba.sharma.18
Simba Sharma
Weddings are a very imortant occassion in any indians life . An indian from any race and religion believes in spending a lot and make the marriage proccession as pompos or ets say memorble as possible. Indians relate many things with their value in money so spending does symbolises status and happiness for them and others.
Tanvidesale
Tanvi Desale
Indians spend too much on wedding.Indian weddings are considered the big fat wedding.Weddings are a high end show off affair.People want to compete who had the best wedding arranged.Now there is trend of wedding planners who arrange the wedding on certain theme of your choice so it looks more grand.
jitenmazee
Banned
There is should be no problem for us to spend a lot or more than any other communities in our weddings. Actually as we all know that in our culture marriage is done once and that is a relation tied for the next 7 births as we are told. So we should celebrate this and enjoy fully because it happens once in our culture than any other.