In Sanskrit, the word “Akshay” (Akshay or अक्षय्य ) means “prosperity, hope, happiness, success” in the meaning of “indestructible, eternal, never less,” whereas Tritia (Tritiya) means “third”. Its name is named after the “third moon day” of Vasantha month of Vaisakha in the Hindu calendar, the 7 May day it is seen.
In Jainism, it first consumes sugarcane juice in the hands of the Tirthankar (Rishabhdev) in the hands of his clothes and ends his one-year penance. Some Jain festivals refer to Varsi as a heat source. Fasting and ascetic Jain is especially marked in Pilgrimage places such as Palitana (Gujarat).
For many new industries, marriage, gold or other property such as expensive investments, and any new beginning, it is considered auspicious by Hindus and Jains in many areas of India. It is also a day of remembrance for those dear ones who have died. This day is important for women, married or unmarried, who pray for the welfare of men in their life, or whatever future they may be in the future. After the prayers, they distribute germinated grapes (sprouted), fresh fruit and Indian sweets. If Akshay Tritiya falls on Monday (Rohini), the festival is considered to be even more auspicious. Fasting, donating and helping others on this day is another celebration practice.
Akshay Tritiya is considered as the birthday of Parashurama on Hinduism, which is the sixth incarnation of Vishnu and is honored in Vaishnava temples. Those who see it in Parshuram’s honor, sometimes refer to the festival as Parshuram Jayanti. Alternatively, some Vishnu’s Vasudeva prays attention to the incarnation of his honor. According to a legend, Ved Vyas started mentioning the Hindu epic Mahabharata on Ganesh to Akshaya Tritiya. Another legend says that on this day the river had landed on the river Ganga.
On this day, people who observe fasting during the long alternate days of the year, are known as Tap-Years, they do not drink sugarcane juice and do their penance.
In Odisha, it is the day when Hindu Puri Rath Yatra starts building its annual chariots for festivals