It is not because of recession. Particularly, in Tamil Nadu there is no trace of recession. Seeing the crowd at ranganathan street many financial wizards will have a "shock and awe" expression on their faces.
The amount of bursting crackers has gone down drastically because of steep hike in their prices and sustained media campaign over pollution related matters. Another reason could be attributed that these days youngsters have avenues of entertainments. Splurging on the occasion of diwali is seen as a profligacy.
