Shaadi business
From celebrity link-ups to corporate mergers, we Indians love the shaadi business.
Even L N Mittal, the richest Indian in the world, only splurged around Rs 300 crore for his daughter’s wedding in 2004 and Chelsea Clinton’s ‘royal’ ceremony this month cost under $5 million. So what is to be made of Union urban development minister S Jaipal Reddy’s contention that “If you furnish and paint your house before your daughter’s wedding, then the money spent on that cannot be said to be part of the dowry” ? Most weddings do not run up bills anywhere close to the Rs 28,054 crore that Mr Reddy has sought to explain away to Parliament as CWG bandobast cost, of which Rs 16,560 crore went to the Delhi government to upgrade infrastructure and build sporting facilities. If that is ‘furnishing and painting’ , what is the dowry?
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