| Festival | Primary Deity | Core Ritual | Dominant Region | Agrarian/Economic Link | | :--- | :--- | :--- | :--- | :--- | | | Durga | Garba dance, Fasting | Pan-India | Post-monsoon sowing celebration | | Durga Puja | Durga | Idol immersion | East India | Celebration of kharif harvest readiness | | Dussehra | Rama/Durga | Effigy burning | North & South India | Victory over pests/evil forces | | Diwali | Lakshmi/Ganesha | Lighting lamps | Pan-India | End of financial year, new accounting | | Karva Chauth | Shiva/Parvati | Moonrise fasting | Northwest India | Historically linked to warrior cycles |
These festivals act as an informal economic stimulus. Artisans (potter making Diwali lamps, idol makers for Durga Puja), weavers (festive clothing), and the confectionery industry see peak revenues. The Reserve Bank of India notes a 20-30% increase in currency circulation during Diwali. autumn season festivals in india