Yugādi, Ugādi, or Samvatsarādi (Kannada: ಯುಗಾದಿ, yugādi, IPA: [juga:di] ?, Konkani/Marathi: युगादी yugādi, Telugu: ఉగాది, ugādi ? or సంవత్సరాది samvatsarādi) is the New Year's Day for the people of the Deccan region of India. The name Yugadi or Ugadi is derived from the Sanskrit words yuga (age) and ādi (beginning): "the beginning of a new age".  It falls on the different day every year because the Hindu calendar is a lunisolar calendar. The Saka calendar begins with the month of Chaitra (March–April) and Ugadi marks the first day of the new year. Chaitra is the first month in Panchanga which is the Indian calendar.
(... from Wikipedia on 2012-04-17 22:02:32)