It is celebrated in the North.. basant panchami.. I don't know much about this grand flower swing and stuff but it is considered like a Desi Valentines Day. And we make yellow sweets and keep it for prasad after pooja
We celebrate by doing Saraswati Pooja, keep new books and pencils (all study related stuff) in the pooja and distribute it among children....
And people prefer to do the Akshara Abhyasam for their children on this day..
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