Basant Panchmi is celebrated on the fifth day (Panchami Tithi) of the bright fortnight (Shukla Paksha) of the Hindu month Magh. From this day, Vasant Ritu (the spring season) begins in India. Saraswati Puja is also performed on this day. The celebration takes place when the Panchami Tithi prevails during the first half of the day i.e. the time between sunrise and midday.
Saraswati Puja
On this day, at the above given worship duration, intellectuals (or people related to education, art, etc.) worship Saraswati. The Puja becomes even more powerful when worshipers recite Saraswati Stotra along with the other rituals.
Sri Panchami
Goddess Lakshmi (the Goddess of wealth; also known as Shri) and Lord Vishnu are also worshiped together on this day. Some people worship Goddess Laxmi and Saraswati together as well. Usually, businessmen worship Lakshmi. It is considered highly auspicious if businessmen recite Shri Sukta on this day.
Basant Panchmi Muhurat
Puja Muhurat : 06:59:11 to 12:35:28
Duration : 5 Hour 36 Minute
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