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.
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.
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. Jains celebrate this day to commemorate Tirthankara Rishabha’s ending of one-year fast by consuming sugarcane juice poured into his cupped hands.
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.
Buying gold is a popular activity on Akshaya Tritiya, as it is the ultimate symbol of wealth and prosperity. Gold and gold jewelry bought and worn on this day signify never diminishing good fortune. Indians celebrate weddings, begin new business ventures, and even plan long journeys on this day.