{"id":269,"date":"2007-02-05T22:06:41","date_gmt":"2007-02-05T16:36:41","guid":{"rendered":"http:\/\/www.wokay.in\/2007\/02\/05\/two-rumours-about-dowry\/"},"modified":"2007-02-05T22:06:41","modified_gmt":"2007-02-05T16:36:41","slug":"two-rumours-about-dowry","status":"publish","type":"post","link":"https:\/\/www.aadisht.net\/blog\/2007\/02\/05\/two-rumours-about-dowry\/","title":{"rendered":"Two Rumours About Dowry"},"content":{"rendered":"<p>There&#8217;s this rumour making the rounds of the IIMB gossip circuit that one of the IIMB guy&#8217;s mother was approached by an IIMA girl&#8217;s mother; who offered the girl&#8217;s hand in marriage along with ten megarupees of dowry. The guy&#8217;s mother refused, on the grounds that the girls&#8217; family were Punjabi baniyas, while they were UP baniyas. Or the other way around. Who gives a damn about the finer distinction between baniyas anyway?<sup>1<\/sup><\/p>\n<p>When I first heard about this story, I got enthu and started thinking about how one could use rejected dowry offers to estimate the monetary value of a religious\/ regional\/ caste\/ subcaste barrier. My initial enthusiasm evaporated later on. It&#8217;s actually a very silly idea, because different people will have wildly differing valuations of a community barrier<sup>2<\/sup>. My parents, for example, are getting so disturbingly desperate for grandchildren that they would have a zero valuation. Other people might have an infinite valuation.<\/p>\n<p>More importantly, the offer might not even have been rejected because of the subcaste difference. It&#8217;s possible that the guy simply thought the girl was irritating and couldn&#8217;t stand the thought of being married to her. Citing subcaste differences might have been a politer, more face-saving way of saying no than saying &#8216;I&#8217;m sorry, but she&#8217;s an irritating cow, and being married to her would drive me up the wall.&#8217;<sup>3<\/sup><\/p>\n<p>The second rumour is about this guy who joined my employer in the same batch of campus recruitment as me. The story goes that somebody with all the right caste and astrological details and what not offered their daughter and fifteen megarupees of dowry. The guy&#8217;s parents practically laughed in their faces at this low offer.<\/p>\n<p>This is astounding. If we take only the guy&#8217;s pre-tax annual salary, fifteen megarupees is a valuation at a P\/E ratio of approximately 19. And this was rejected. It looks like the market for grooms is as stretched as the market for securities these days.<\/p>\n<p>So what&#8217;s a girl- and her parents- to do in these days of overheated valuations? That, dear reader, will be the subject of several upcoming posts. These two rumours have gotten me thinking about dowry as a concept, and there will be lots of blogging on it this week. Until then, do read these somewhat related links: <a href=\"http:\/\/www.wokay.in\/2006\/03\/18\/for-love-or-money\/\">For Love or Money I<\/a> and <a href=\"http:\/\/www.wokay.in\/2006\/03\/31\/for-love-or-money-ii\/\">For Love or Money II<\/a>.<\/p>\n<p><sup>1<\/sup>: As is evident from the mother&#8217;s reactions, baniyas themselves do. I was asking a rhetorical question.<br \/><sup>2<\/sup>: As any MBA will tell you, any valuation I would have calculated would have been wrong anyway.<br \/><sup>3<\/sup>:Which is what I would have said. But then I don&#8217;t see the point of saving other peoples&#8217; faces.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s this rumour making the rounds of the IIMB gossip circuit that one of the IIMB guy&#8217;s mother was approached by an IIMA girl&#8217;s mother; who offered the girl&#8217;s hand in marriage along with ten megarupees of dowry. The guy&#8217;s mother refused, on the grounds that the girls&#8217; family were Punjabi baniyas, while they were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[59,40],"tags":[],"class_list":["post-269","post","type-post","status-publish","format-standard","hentry","category-dowry","category-society"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7AOU2-4l","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts\/269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/comments?post=269"}],"version-history":[{"count":0,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts\/269\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/media?parent=269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/categories?post=269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/tags?post=269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}