Today, 28 January 2012 is Basant Panchami Saraswati Puja. It is observed with utmost gaiety on Shukla Paksha Panchami in Magh Month. It is also referred to as Shri Panchami, Saraswati Jayanti, or Magh Panchami.
Goddess Saraswati is worshipped with Shodashopachar Puja and offered special naivedyam. Those who perform Saraswati Puja on Vasant Panchami will be blessed with wisdom and knowledge.