As per my knowledge, only a few holidays are compulsory, i.e., 26th Jan, 15th Aug, 2nd Oct, and one statehood day. The remaining holidays are decided by considering the local festivals according to the majority of employees, whether it may be Diwali, Dussehra, Eid, or Ganesh Mahotsava, to fulfill the requirements of the minimum holidays to be given according to the provisions.
Regards,
P K Sharma