Festival

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Now this being the festival season I hope everyone of you will be busy with some or other activity. Now is it really needed to celebrate a festival? If so, what is the exact result of celebrating a festival? I personally feel that there is no need as such and it causes a lot of wastage of money and time. Secondly it compels us to do some thing which we may not like to do and in fact we lose our freedom to act. Do you agree?