Feature
Now women more likely to get married to less-educated man!
Washington: Hey attention all men, if you guys were looking forward to get married now then you have tie the nuptial knot with woman who is more higher educated then you.
As according to American Census, the number of highly educated women has increased in recent decades, the chances of “marrying up” have improved significantly for men, the US study says.
The researchers reviewed and examined gender-specific changes in the total financial return to education among people of prime working ages, 35 to 44 years old, using US Census data from 1990 and 2000 and the 2009-2011 American Community Survey figure.
They have conducted survey and investigated the return benefits of education not only in the labor markets but also in the marriage souk too.
Now if we go according to this survey, then the personal income of women in America have gone up much faster during the period from 1990 and in between 2009-2011 as compared to men because of they have increased their education quality and have gained more financial benefits.
Associate professor at University of Kansas in the US, Chang Hwan Kim said, “The pattern of marriage and its economic consequences have changed over time.”
The lead author of the study published in the journal Demography said, “Now women are more likely to get married to a less- educated man. What is the consequence of this?”
Men get ready to get married to higher-educated woman:
“Previously, women received more total financial return to education than men, because their return in the marriage market was high.
Kim said, “However, this female advantage has deteriorated over time despite women’s substantial progress in education and labour-market performance.”
The researchers found the overall net advantage of being female in terms of family-standard-of-living decreased about 13 per cent between 1990 and 2009-2011.
Women’s personal earnings have grown faster than men’s earnings during this time as women have increased their education and experienced a greater return on education.
However, the number of highly educated women exceeds the number of highly educated men in the marriage market, the researchers found. Women are more likely to be married to a less-educated man.
Because of the combined facts that husbands are less educated than their wives than before, and the return on earnings for men has stagnated, a husband’s contribution to family income has decreased.
On the other hand, wives’ contribution to family income has substantially increased.
The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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