Ugadi is derived from Sanskrit words Yuga and adi. It is celebrated as the New Year in many parts of South India. Ugadi is a very auspicious festival which is celebrated with joy and passion. Some of the activities involved in Ugadi are: Buying new clothes, decorating houses, buying gold and silver because precious metals symbolize wealth and there is no better day than Ugadi to pray for health and wealth.
Most importantly the day begins with worshipping gods and goddesses as per beliefs, people worship Lord Ganesha, Mata Parvati, Lord Vishnu and Goddess Lakshmi so they can protect their health and wealth.
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