The Policy Post

The Policy Post

Diwali spending, UPI charges and your route to an Economics PhD

Policy Post #258

Nov 06, 2026

Dear reader,

It’s that time of the year again! Markets are buzzing, shopping carts are filling up, festive sales are everywhere and our favourite mithai boxes are making their annual appearances 🪔

India’s festive season is also one of its biggest consumption periods. It drives retail sales, creates seasonal jobs and can account for up to 40% of annual s…

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