Brahma created the universe on Gudi Padva. Sriram, who lead his life ideally, killed Vali on this very day. We should also eliminate all the bad things and start living a good life from this day.

Presently in Bharat, New Year is being celebrated on the night of 31st December. However Gudi Padwa has historical and spiritual significance as to why it is New Year for Hindus.