Cultural Significance

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Celebration of the various legends associated with Holi reassure the people of the power of the truth as the moral of all these legends is the ultimate victory of good over evil. The legend of Hiranyakashyap and Prahlad also points to the fact that extreme devotion to god pays as god always takes his true devotee in his shelter.
All these legends help the people to follow a good conduct in their lives and believe in the virtue of being truthful. This is extremely important in the modern day society when so many people resort to evil practices for small gains and torture one who is honest. Holi helps the people to believe in the virtue of being truthful and honest and also to fight away the evil.
Besides, holi is celebrated at a time of the year when the fields are in full bloom and people are expecting a good harvest. This gives a people a good reason to rejoice, make merry and submerge themselves in the spirit of Holi.