New Delhi: In India, Diwali is not just a festival, but a celebration that fills the entire country with light and excitement. This year, firecracker sales broke all records. According to reports, Delhiites alone burst firecrackers worth approximately Rs 500 crore on Diwali. This amount is so huge that, when compared to Pakistan’s economy, the monthly income of many cities seems tiny.
Monthly municipal revenue
In comparison, the average monthly municipal revenue of Karachi, Pakistan, is approximately Rs 350 crore, Lahore, Rs 320 crore, and Islamabad, Rs 270 crore.
This means that the amount of money Delhiites spent on firecrackers in just one night is equivalent to the monthly budget of these major cities of Pakistan.
Economic power of Indian festivals
This sale of firecrackers is not only a testament to people’s enthusiasm but also a demonstration of the economic power of Indian festivals.
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Market experts say that even before Diwali, there was a tremendous surge in the purchase of firecrackers in Delhi and surrounding areas. This year, due to environmental regulations and the Supreme Court order, a huge amount of firecrackers were sold both online and offline.
Diwali spending not limited to firecrackers
From an economic perspective, Diwali spending isn’t limited to firecrackers; billions of rupees worth of transactions were also made in areas such as lighting, decorations, sweets, clothing, and gifts.
But the way Delhi spent Rs 500 crore on firecrackers alone showed just how vast India’s festive economy is.
While inflation and the energy crisis are forcing people to observe austerity even during festivals in Pakistani cities, Diwali celebrations in India have become a boom season economically. This difference is not just about traditions but also about economic stability and purchasing power.
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