Saraswati Jayanti or Saraswati Puja falls on fifth day in bright half of of Magh month (January – February) as per all standard Hindu calendars. Saraswati Jayanti 2017 date is February 1.
It is also known as Vasant Panchami (Basant Panchami) / Shri Panchami / Saraswati Panchami / Vidyadayini Saraswati vratam. It is believed on this day Goddess Saraswati was born.
In Bengal, Saraswati Puja is celebrated on this day. As we know, Durga Puja (during Navratri), Lakshmi Puja (on Sharat Purnima), Kali Puja (on Diwali), and Saraswati Puja (on Basant Panchami) are four popular festivals to worship the Mother Goddess in Bengal.
Goddess Saraswati is worshipped with 16 steps of puja and offered special naivedya. Aksharabhyasa, initiation of education for children, is performed in mass numbers in Saraswati temples on Basant Panchami Saraswati Puja.