New Delhi, April 14 -- The nation is observing Dr Babasaheb Ambedkar Jayanti on Tuesday, 14 April, which is coinciding with regional celebration of Baisakhi. Other festival that are being observed today include Vishuva Sankranti, Biju Festival, Buisu Festival Tamil New Year's Day, Bohag Bihu and Cheiraoba.

Yes, 14 April is a gazetted holiday in India on account of Ambedkar Jayanti since Dr Bhimrao Ambedkar Jayanti is celebrated as a public holiday throughout the country. This day commemorates the birth anniversary of the principal architect of the Indian Constitution. According to the RBI, it is a holiday in several states under Negotiable Instruments Act.

Since, Ambedkar Jayanti is a national holiday declared by the central government,...