Diwali is indeed the festival of lights and colors in most parts of
India. The resplendent colorful decoration as well as the showy dresses that
folks wear is a delightful experience for any beholder. As legend says the all
powerful evil force in the form of Narakasura (Demon) has been ultimately
destroyed on this day by the Lord Vishnu.
Yet one wonders whether everything around speaks the essence of Diwali
or are there still a sizable part of the population trying to eke out a
living. What about those that are already seeing the dark sides of the evil of
which they have neither designed nor have seen it coming. Many of these
innocent lots must have declared ‘Dewalia’ instead of Diwali. The word
‘Dewalia’ means bankruptcy in Hindi as they would say in the northern parts of
the country while Diwali means festival of lights. If somebody becomes bankrupt
they might say ‘Bhukharam ko Dewalia ghoshid kar diya gaya’. It means that
Bhukaram has been declared bankrupt.
Let’s not hope too pessimistically about such bad turn of events as
this is a good day. But one cannot help wondering with negative IIP data,
Export sluggishness and industrial production falling below expectation whether
we should take things a little more seriously.
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