Mining baron Janardhana Reddy recently spent Rs. 500cr (80million dollars) on his daughter’s wedding. Cash strapped Indians angry at ‘Obscene display of wealth’.
In the past, there have been several big fat Indian weddings, but this one raised several eye-brows…because of its timing.
At a time when cash-strapped Indians are queuing up for hours at ATMs to withdraw cash (Indian government banned high value notes), Mining czar Gali Janardhana Reddy splurged a staggering amount of money on his daughter Bramhani’s wedding with Hyderabad business baron Rajeev Reddy.
The politician spent around 5billion rupees (Rs500cr or 80million dollars) on designer sets, bespoke jewellery, celebrity performances, etc. The hi-profile wedding drew the attention of all, including income tax sleuths.
Mr. Reddy spent almost a crore rupees ($150k) on the digital video invitation alone.
Watch: Janardhan Reddy’s daughter’s digital wedding invite!
Critics in India described the event as an “Obscene display of wealth”. Several ministers did not attend the wedding fearing a backlash.