Akshaya Tritiya, also known as Akha Teej, is a holy day for Hindus and Jains. It falls on the third Tithi (lunar day) of Bright Half (Shukla Paksha) of the pan-Indian month of Vaishakha and one of the four most important days for Hindus. It is an auspicious day of the birthday of Lord Parasurama who is the sixth incarnation of Lord Vishnu. On this day Veda Vyas and Lord Ganesha began to write Mahabharata.
In Jain and Hindu calendars, some days of the month are absent in counting and some days (tithi in lunar calendars) come extra, but Akshay tritiya is one day which is never "absent" from the lunar calendar.
The word "Akshaya" means the never diminishing in Sanskrit and the day is believed to bring good luck and success. It is believed that if you do charity on this day you will be blessed. On Akshay Tritiya, Mrutika worshiped.
Nowadays jewellers have turned the purity into a marketing gimmick. The day is considered auspicious for starting new ventures. The legend is that any venture initiated on the auspicious day of Akshaya Tritiya continues to grow and bring prosperity. Hence, new ventures, like starting a business, construction, etc. is performed on Akshaya Tritiya.
Astrological significance
As per Hindu electional astrology (Muhurta) three lunar days (tithis) are auspicious. These are called Sade-Teen Muhurtas also. These Tithis are first Tithi of Bright Half of Chaitra (starting of new year), tenth Tithi of Bright Half of Ashvina (Vijay Dashmi), third Tithi of Bright Half of Vaishakha (Akshay Tritiya- Parshu Jyanti) and first Tithi of Bright Half of Karttika are called “Sade-Teen (3 ½) Muhurt”. The first three tithis are counted as full and the last one as half Tithi and constitute Sade - Teen Muhurt. Sun and moon are astrologically believed to be at their most exalted equal brightness on this day.
Akshaya Tritiya is also called Navanna Parvam. Akshaya Tritiya falling on a Rohini star Monday is considered more auspicious.
Religious significance
In Hinduism, Akshay Tritiya was the day when Ganesha (Vinayaka), the god of wisdom and obstacle removal, started writing the epic Mahabharata to Ved Vyasa's dictation. This day is ruled by god Vishnu, the preserver-god in the Hindu Trinity. According to Hindu mythology, on this day the Treta Yuga began and the river Ganges, the most sacred river of India, descended to the earth from the heaven.
It was on this day that Goddess Annapoorna devi was born.
Kubera received his wealth and position as custodian of wealth and property with Goddess Lakshmi on this day, by praying to Lord Shiva at Shivapuram.
It is traditionally observed as the birthday of Parashurama, the sixth incarnation of god Vishnu. The Puranic scriptures speak about how he reclaimed the land from the sea.
In Mahabharata, Yudhishtira receives the Akshaya patra, which he uses to serve food for all the needy in his kingdom.
It is on this day that poor Sudama, the best friend of Krishna visits Him (Lord Krishna) to greet Him after He became the King. With nothing to offer, Sudama takes with him Poha (puffed rice) and offers it to his friend and never discusses his poverty though he intends to. On his return he finds his hut changed to a palace.
It is on this day that Dushasana, Duryodhana's brother, unveils Draupadi at the royal court where Krishna protects her providing the 'unending' veil...
In more recent history, Adi Shankara recited the Kanaka Dhara Stotr on this day for the sake of the poor couple at whose house he stopped for Bhiksha and was offered their only available gooseberry.
Goa and Konkan regions, even today, are referred to as Parushurama Kshetra. Akshaya Tritiya, the third day of the bright-half of the lunar month of Vaisakha is considered one of the most sacred days of the year.
In Odisha, on Akshay Tritiya day, farmers start ploughing their land and construction of chariots for Rath Yatra begins at Puri.
This day is generally observed by fasting and worship of Lord Vasudeva with rice grains. A dip in the river Ganges on this day is considered to be very auspicious.
The Vedic scriptures[where?] say that knowledge gained or charity done on Akshay Tritiya is very fruitful. It is considered to be a very lucky day to start new business or venture. Many people buy gold or property on this day.
Fasts are kept on this day and pujas are performed. In charity, fan, rice, salt, ghee, sugar, vegetables, tamarind, fruit, clothes, are given. The god Vishnu is worshiped. Tulsi water is sprinkled in the nearby area of the idol while performing aarti.
In Bengal, on the day of the Akshay Tritiya, "HalKhata" - a ceremony to start the new audit book is performed - with the worship of Ganesha and goddess Lakshmi. Bengalis perform many rites and rituals on this day.
This day is most auspicious day for the Jat farming community. Early morning, a male member of a Jat family goes to the field with a shovel. All the animals and birds encountered on the way to the field are omens and predictions for rains and crops. Akshay Tritiiya is an occasion for weddings, which are conducted in mass ceremonies. It is considered an unboojha muhurat.
It is believed that god Kubera, the treasurer of the gods, is the richest deity. Lakshmi Tantram says that even Kubera will pray to goddess Lakshmi, the goddess of wealth and consort of Vishnu, on Akshay Tritiya. A day-long Kubera Lakshmi Puja is performed in which an image of Lakshmi is worshiped with Sudarsana Kubera Yantra, symbolising Kubera.
On Akshay Trutiya, a king or those who have the responsibility of taking care of the subjects, should perform ‘puja’, with gratitude and devotion, of the picture of ‘Vaibhav-Lakshmi’ with Sree Vishnu as it helps to make the subjects happy and prosperous. "We are not graced by ‘Goddess Lakshmi’ as she is the divine energy (shakti) of Sree Vishnu. How can His ‘divine energy’ come here and bless us if Sree Vishnu is not invited? Therefore, before worshiping Sree Lakshmi in any of her forms, first invite Sree Vishnu and then invite Sree Lakshmi as the worshiper gets maximum benefit of Lakshmi-tattva" (principle).