Festival driven Khichadi Economy

Now that Diwali is around the corner, the whole country is in a festive mood.A country where there is an abundance of almost everything,including festivals the economy is very much driven by them.With a festival or two featuring almost every couple of months there is always a rise in demand for goods and services.People are willing to spend even if the prices are high then whether its dal or a car, it doesn't matter.The fact that almost all religions generally celebrate all the festivals is in itself a boost for traders who are eager to sell their products thick and fast.The outcome is that it activates a process of the flow of money which may otherwise remain stagnant.Thus there is a stability in terms of the money flowing in the economy.Also most of these transactions happen in cash which can be termed as black money but I would rather call it liquid money.There is a less chance of the economy suffering from a recession since its still predominantly driven by liquid money.The icing on the cake is put by the festivals which keep on coming one after the other to bring joy and happiness to our lives.

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