Unique Marriage - Bride took her baraat to the groom's house

INDORE: Rajni, a 25-year-old law student, dressed in best bridal finery, mounted a horse and took her baraat (marriage procession) to the groom's house through her village. After an hour-long marriage procession and dancing on the streets, she went to mandap (pandal) and asked the groom to marry her.

Unbelievable though it may sound, but that is exactly what happened at a marriage in Satwara village of Khandwa district of Madhya Pradesh.

The unique tradition — 'Kanya Ghatari' — which was practised by the Patidar community, wherein the bride takes her baraat to the groom's place, had long been forgotten, was brought alive. Senior members of the community endorsed Rajni's initiative to revive the age old tradition and lavished praise on her.

Rajni, who got married two days ago, initially felt a little awkward at the idea of riding a horse and taking the baraat to the groom's place. "I realized that the idea was to empower women and this practice would certainly eradicate many evils in the society," she said.

Normally, boys consider it their birth right to take out the baraat. But for Praveen Patidar, 30, a state government employee, seeing his wife coming to marry him on a horse was a matter of pride.

Groom's father Ishwarlal Patel said that even on the wedding card that was printed a month ago, there was a message of women empowerment. He said his family wished that their daughter-in-law would take her baraat to their house.

About the tradition, he said first the bride was offered coconut by her parents. After completing the ritual, the girl mounted the horse and led the baraat from her house, which after passing from the narrow lanes of village, reached the groom's place.

The girl then came up to the mandap (pandal) on the horse and proposed the groom, asking him whether he would marry her. Waiting family members of the groom welcomed the bride. Thereafter, the marriage was solemnized. 

This is the story presented by TIMES OF INDIA

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Jobless & Hopeless

To paraphrase a line from Alice in wonderland, "If you don't know where you 're going, any road will get you there."

The first thing to decide before taking any further action is, what do you want? Is it just a job in which you earn enough money to get by? Or is it continuous growth and a long term career path? Perhaps it's independence and self control?

You might find yourself saying 'YES' to all these options.However, despite what people may tell you, you can't have it all! You need to know what is most important for you right now:
a) a steady salary  
b) a career
c) Self employment? 

If you 've saved enough money to run your household or if you currently don't have any financial responsibilities, then skip option 'a' and move onto option 'b' & 'c'. But if you are like most people in today's challenging economic climate, then securing a steady revenue stream is probably your first priority, so head down this direction first.

Now, money is money.If it comes from clerical work or from a managerial job.I suggest to first list down all the skills you have and link them to your potential jobs.Don't restrict your thinking.Can you teach or tutor? Set-up a stall in the weekly bazaars? Can you deliver fast food?

I read an article in Fortune magazine that highlighted top US executives who, after getting down-sized, delivered pizza to get by until job prospects improved.

I know some live examples where someone started his career as CSR in call center and now they are running there own Call center just after few years.My friend Haris started his career in Pizza Hut during under-graduation as CSR and now he is running Pizza Hut branch as Branch Manager after graduation.I know a person named Syed Munner who started his career as TELLER in a Bank while he has done Masters from University of Karachi but after 3 years he was selected as OPERATION MANAGER in the same branch of the bank where he was appointed as teller.

An interesting thing one executive said was that there is no shame in work, but there's plenty of shame in waiting for charity.

If above all can do it, then why can't you????

BEST OF LUCK for your career

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The Ultimate Currency War

After the 2008 financial crisis, the liquidity trap induced policymakers to venture in unconventional endeavors. On the fiscal front, much has been discussed regarding the effectiveness of fiscal policy to pull developed countries out of the sluggish recovery. On the monetary side, the so-called quantitative easing (QE) guaranteed the liquidity needed to avoid a collapse of the financial system, even though its efficacy to stimulate the economy has been questioned. Within this environment, some concerns were raised in the Emerging Markets. The expansionist attempts would, some have been advocating, inflict in exchange rate appreciation, hurting EM’s companies’ exports competitiveness.

Domestic Issues

The first thing is to elaborate the goals of a QE-type of policy. Roughly, there are three pillars: a) it aims to provide the liquidity needed to break the vicious circle of falling asset prices, credit contraction and banking problems; b) it also aims to induce the private sector to take some risks, since safe assets yields became very low and more resources are available; and c) it has some effects on expectations, which are crucial for understanding business cycles.

Even though there is much interconnectedness between countries, especially through financial markets and capital flow, the goals of QEs are domestic, i.e., the policymakers seek to stimulate the economy to help the recovery process (or at least to avoid the worst). Of course there may be “collateral” effects, such as the depreciation of the exchange rate (appreciation of EM’s exchange rate). Personally, I do not think this effect is on the center of the targets. The US, for instance, is a relatively closed economy, therefore it depends substantially on the domestic aggregates.

Furthermore, for the exchange rate depreciation to increase net exports - the Marshall-Lerner condition - a combination of elasticities in a certain way is need, implying that there’s more to be considered. Moreover, the improvement in developed world’s conditions translates in greater demand for EMs products. Some estimates indicate that this offsets the exchange rate appreciation effect.

Data

Comparing the end of period amount of Long Term Treasury Purchases with the real effective exchange rate index (REER), it’s hard to find an evidence of a great impact on the REER from the liquidity injection:

The appreciation trend actually diminished after the QEs and some of the subsequent depreciation was induced by the change of the exchange rate regime. Moreover, taking the log of the series and calculating their first difference, one can actually find that after the QEs the average variation was higher (though more volatile), i.e., it has induced depreciation, rather than appreciation:

Remarks

The data seems to indicate that the effect of QE on the REER is low, if any. However, since the analysis is absent of any econometric treatment, one should be cautious. Perhaps a better look could reveal other conclusions. Nevertheless, I think that neither there’s a war, nor if there is, it something really important to justify the recent policy attempts. 

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