THE IRONY OF MONEY IN MUMBAI

Mumbai media has been all agog at the arrest (and, of course, subsequent bail and release) of Sheetal Mafatlal (of the multimillionaire-multiple-chinned-husband and looking-very-trashy-in-Versace/Valentino-togs fame) for attempting to breeze in through Customs without thinking it necessary to declare gold and diamond jewellery worth around Rs 50 lakh.

While we, in our strictly-suburban college staffroom, were poring, and ooh-ing and aah-ing (only the 'ladies'), over the list (and intricate details) of the ornaments allegedly smuggled in by her, the South Bombay socialites were making the most of the photo-op by giving incredibly inane soundbytes. One Haseena Jethmalani (wife of political-defeated-debutant and high-end-lawyer Mahesh Jethmalani) apparently said (and conveniently later denied) that Rs 50 lakh was too piddly an amount for the likes of Sheetal Mafatlal (and the rest of the So-Bo brunch-packers) to bother about, and that women frequenting a salon owned by her (the fair Haseena) regularly strolled in wearing jewellery worth more than 50 lakh.

Just a few questions: if Rs 50 lakh is a paltry sum to the likes of Mafatlal (as it obviously is), shouldn’t the Customs Duty (which would be a certain small percentage of this puny amount) be like small change to her (as it obviously is NOT)? So, why not declare and pay it upfront and straightforward, honey? Or is the small change too difficult to see (and the fine print too difficult to read) through those oversized Dior shades?

Just another point: Today I went to Bank of Maharashtra’s Malad (West) branch, where most of the customers were dealing in amounts ranging from Rs 300 to a few thousands. There were old and limping pensioners, peering shortsightedly at a fistful of currency. There were illiterate women, putting their thumb impressions on withdrawal slips for a thousand rupees. There were hardworking men, whose sweat-beaded brows remained knitted into frowns under the blast of the AC, and whose grimy hands clutched at worse-for-wear passbooks containing details of minuscule savings accounts.

To these people, residing in the vast and teeming suburbs of Mumbai, far far away from snooty-snobbery of So-Bo (that's South Bombay's snob-abbreviation), Rs 50 lakh would, perhaps, be a big amount, an amount to aspire to through honest blood-sweat-tears, not an amount that can be sneered at with a shrug of couture-clad shoulders. Or carried in casually (and illegally) in alligator-skin designer luggage.