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Onam celebrates the homecoming of the legendary King Mahabali. While it is held over 10 days, the main festival will be celebrated over three days from August 21-23.
Mahabali, despite being a demon king, was said to be generous and benevolent. His rule is likened to the golden era. Because of this, his return every year is so widely celebrated. The festival is celebrated in the Malayalam calendar month of Chingam. Onam is also a harvest festival.
It is said that Mahabali defeated the gods and took over the three worlds. This made gods resent him and urge Lord Vishnu to help them in their fight against the demon king. Mahabali was a devotee of Lord Vishnu and Vishnu found it difficult to take sides in the battle. Vishnu, in his Vamana (poor Brahmin) avatar, visited Mahabali. Mahabali being a generous one decided to grant the poor Brahmin three wishes, this despite Sage Sukrachariyar who recognized Vishnu in avatar and advised the king from giving any boon to the Brahmin.
Vamana asked for property rights over a piece of land that measures "three paces". Mahabali agreed to this wish.
The Vamana avatar then grew in size and covered everything the king ruled in just two steps. To keep his word and honour, Mahabali offered his head for the third step. Thus was destroyed. However, despite the fact that he kept his word despite the threat to his life, the lord allowed King Mahabali to visit his subjects whom he loved three days every year. This occasion is celebrated as Onam.
From an Investment standpoint, we can take the following lessons :
Let us imbibe the spirit of Abundance on this happy occasion of Onam.
By Babu Krishnamoorthy