International Journal For Multidisciplinary Research
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Volume 6 Issue 6
November-December 2024
Indexing Partners
The Price of Prestige: Wedding Expenditures, Social Media Influence, Debt and Landholding Displacement in Rural India
Author(s) | Sanket Sadashiv Kumbhar |
---|---|
Country | India |
Abstract | This study explores the impact of cultural expectations, social media influence, and financial decisions on wedding expenditures and their subsequent role in the debt crisis and landholding patterns in rural India. Social media platforms amplify the pressure for lavish weddings, promoting extravagant trends and fostering a culture of social comparison, which drives families to overspend. The need to maintain social prestige, combined with dowry expectations and the “what will people think” syndrome, leads families to incur significant debt for weddings. This often results in the collateralization or sale of agricultural land to finance these expenses, contributing to the displacement of small farmers and the consolidation of land by wealthier elites. The findings indicate that debt incurred for weddings frequently leads to distressed land sales, forcing small landholders into cycles of poverty and displacement. This reshapes rural landholding structures, with intergenerational debt further entrenching economic vulnerability. Cultural pressures to maintain social standing override long-term financial planning, perpetuating land loss and economic disempowerment in rural communities. The study underscores the need for targeted interventions to mitigate the socioeconomic consequences of lavish wedding expenditures in rural India. |
Keywords | Lavish Weddings, Cultural Expectations, Debt Crisis, Social Media Influence, Land Displacement, Economic Vulnerability, Social Prestige |
Field | Sociology > Economics |
Published In | Volume 6, Issue 6, November-December 2024 |
Published On | 2024-11-19 |
Cite This | The Price of Prestige: Wedding Expenditures, Social Media Influence, Debt and Landholding Displacement in Rural India - Sanket Sadashiv Kumbhar - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31084 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i06.31084 |
Short DOI | https://doi.org/ |
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