Shree Panchami, Basanta panchami or Saraswati Pooja is one of the most important festivals in Nepal. Basanta Panchami is the day when winter ends and spring starts. Vasant Panchami falls in January-February (Magh - Fagun). We worship Goddess Saraswati in this day. Goddess Saraswati is regarded as the goddess of knowledge. She is worshiped as the source of all intelligence and creativity. Her blessings are the source of innovation and knowledge . She is the creator of art, music, science and all education.Saraswati is one of the greatest creation of Lord Bhrama. She is believed to be the most beautiful creation of Brahma. 

 Saraswati is four handed Goddess seated on a white lotus wearing white sari. Her vehicle is a white Swan. She holds Veena, Book and a garland in her hands. Saraswati pooja is observed on Magh Sukla Panchami. Saraswati pooja is done on Panchami, so the day is called Shree Panchami. Saras in Sanskrit signifies flow and wati means the bearer. Saraswati is "she who has flow". Sara also means essence and swati means self. Therefore, she is regarded as self-essence.