Raksha Bandhan, popularly known as the festival of Rakhi is a festival  which celebrates the bond between brothers and sisters which has been  observed by Hindus for years. The literal meaning of Raksha Bandhan is  'the bond of Protection'.
Rakhi is celebrated on the full moon  day of the month of Shravan by Hindu calendar. This day is known as  Shravan Poornima. On this day, sister ties Rakhi or holy thread on the  wrist of her brother. It signifies the pure bond between brother and  sister. The brother in response presents a souvenir to his sister and  swears to take care of her. The brother and sister customarily feed one  another sweets.
Rakhi celebrations have been strengthening the  link of affection between brothers and sisters and nurturing brotherhood  in our society. Raksha Bandhan is not just celebrated between brother  and sister of blood relation. Rakhi can be tied to a person who protects  the girl and accepts her as his sister. History has umpteen examples of  women requesting for their defense, through Rakhi, from men who were  neither their brothers, nor Hindus.
History of Raksha Bandhan
In Hindu religion, there are a lot of references to the worth of the Rakhi festival. Some of these vital historical facts are:
Vritra-Indra
The  derivation of this celebration is more often than not traced back to  the past incidents of Lord Indra's fight with the Demon Vritra. In this  fight, Indra lost. After that, his wife tied a thread or Rakhi around  Indra's wrist and that gave him power and courage to defeat the demon.  The Rakhi hence indicated godly powers to ensure victory or success.  Hence, the tradition of Rakhi (now only by sisters) to make the bearer  successful and strong. In return, the sister gets protection from them  in times of difficulty.
Krishna and Draupadi
A  different event is the one from the epic Mahabharat that is in relation  to Lord Krishna and Draupadi, the spouse of the Pandavas. She had torn a  band of silk off her sari and tied it around Krishna's index finger to  discontinue the run of blood. Krishna was so moved by her deed that he  felt a bond of love for her. He assured to pay back the liability and  after that spent the subsequent 25 years doing just that. Draupadi, in  the face of being wedded to 5 grand warriors and being a descendant of  an influential emperor trusted and depended entirely on Krishna.
Krishna  paid off the debt of love at the stage of "Vastra-Haran"(factually  "clothing-theft") of Draupadi. Draupadi's "Vastra-Haran" was done in the  congregation of King Dhritarashtra, while Yudhishthir, her husband lost  her in a stake. At that time Krishna for an indefinite period extended  her saree, so it could not be aloof, to keep her dignity. This is how he  paid his debt towards rakhi tied to him by Draupadi. Thus, Raksha  Bandhan was of great significance in the epic Mahabharta.
King Bali and Goddess Laxmi
In  accordance to a fable the devil King Bali was a great follower of Lord  Vishnu. Lord Vishnu had undertaken the task to watch his kingdom leaving  his own dwelling in Vaikunth. Deity Lakshmi desired to be with her lord  back in her dwelling. She went to Bali concealed as a Brahmin woman to  look for shelter until her husband came back.
On the day of Shravan  Purnima celebrations, Lakshmi tied the blessed thread or Rakhi to the  King. And later when she was asked she exposed who she was and why she  was there. The king felt warmth by her benevolence for his family and  her reason and requested the Lord to go along with her. He gave up all  he had for the Lord and his dedicated spouse.
In consequence, the  occasion of Raksh Bandhan is too called 'Baleva' that is Bali Raja's  loyalty to the Lord. It is believed that since that day it has been  custom to request sisters in Shravan Purnima, to tie the thread or  Rakhi.
Yama and the Yamuna
In  accordance to another tale, Raksha Bandhan was a ceremony observed by  Lord Yama (the god of Death) and his sister Yamuna. Yamuna tied rakhi to  Yama and conferred immortality. Yama was immensely touched by the  calmness of the time that he acknowledged that whoever gets a rakhi tied  from his sister and pledged her safety will become eternal.
Alexander and the great-Puru
In  accordance to a number of tales, Alexander, the emperor of Greece  marched into India in 326 B.C. He wedded an Indian lady, Roxana  (Roshanak) to strengthen his relations with the Central Asian regions.  Alexander's wife sent a sacred thread or Rakhi to Porus, asking him not  to hurt her husband in the skirmish. In compliance with Hindu  civilization, Porus gave full admiration to the rakhi. On the  battleground, when Porus was about to carry a final blow to Alexander,  he saw the rakhi on his wrist and self-possessed himself from attacking  Alexander in person.
Rani Karnawati and Emperor Humayun
It  is a very popular incident which shows the significance of Rakhi very  well. The tale of Rani Karnavati and monarch Humayun is the most major  indication in the history. At some stage in the medieval era, Rajputs  were fighting Muslim attacks. Rakhi or Raksha Bandhan at that time meant  a holy binding and defense of sisters was primary. When Rani Karnawati  the widowed queen of the king of Chittor comprehended that she could in  no way protect from the assault of the Sultan of Gujarat, Bahadur Shah,  she sent a rakhi or holy thread to Emperor Humayun. The ruler was moved  by the gesture and moved on with his troops devoid of wasting any time.
Celebration of Raksha Bandhan in India
Rakhi  is an age old ritual which has evolved with the time. For a very long  time now, Raksha Bandhan is being celebrated in the similar approach.  Each and every one of the rituals is followed with the same eagerness.  The major change is that the events have become grander now. Rakhi  festival is about the merriment of the pure bond of love among the  siblings.
This festival is a symbol of joy and rejoices as one  and all start preparing for this carnival beforehand. Females start to  shop for rakhi and rakhi gifts relatively early on. They buy new clothes  and striking rakhi gifts particularly those that have to be sent to  their brothers who stay away. More or less every shop, be it for sweets,  garments or gifts.
This festival of Raksha Bandhan, in India, is  renowned for its festival spirit and for intensification of the bond of  love among brothers and sisters. In actual fact, India is worldwide  known for its bright festivals and colorful rituals. The festival of  Raksha Bandhan is observed with diverse rituals, family meet and sweets.  Rakhi festival is about feelings, love and pleasure. Similar to any  other celebration, rakhi has its one of its kind significance.
On  the day of Rakhi festival, the celebration of this promising day starts  on by the crack of dawn. First people get ready and gather for worship  to take the blessings of God. After that the sister performs brother's  arti, puts tika and chawal on his brow and ties Rakhi surrounded by  chanting of mantras. Sisters sincerely give sweets to their brothers to  eat which in order add more lovability in the Raksha Bandhan festivity  and pray for their well being. In response, brothers present striking  gifts.
This festival of Raksha Bandhan is observed as different  festivals in different regions. These festivals which are observed  across nation are mentioned below.
Rakhi Purnima
Rakhi  or Raksha Bandhan is celebrated as Rakhi Purnima in North and South  India. The word "Purnima" means a full moon night. It is in addition  called as Raksha Bandhan.
Nariyal Purnima
Raksha  Bandhan is celebrated as Nariyal Purnima in western India and parts of  Maharashtra, Gujarat, and Goa. On this day a present of a coconut is  made to the ocean, as a symbol of admiration to Lord Varuna, the deity  of the Sea. Nariyal Purnima marks the commencement of the fishing period  and the fishermen, who depend on the sea for livelihood, make a present  to Lord Varuna so that they can garner plentiful fish from the sea.
Janyo Punyo
The  community of the Kumaon region of Uttarakhand, commemorate Raksha  Bandhan and Janopunyu on the day of Shravan Purnima. On this day people  change their sacred thread. On this day the well-known Bagwal fiesta is  held at Devidhura in the region of Champawat.
Pavitropana
Raksha  Bandhan or the festival of Rakhi is celebrated as Pavitroparna in parts  of Gujarat. On this day people carry out the grand worship of Lord  Shiva. It is the conclusion of the prayers done all over the year.
The  occasion of Rakhi celebrations are similar as in all across North  India. It is a festival of great significance in the regions of North  India. The significance of this festival is mentioned below.
Significance of Raksha Bandhan
Raksha  Bandhan is at the present well thought-out as a day to rejoice the  blessed relation of a brother and a sister. Nevertheless there have been  instances in the past where rakhi has just been a Raksha or shield  symbol. It could be tied by spouse, a daughter or mother. The saints  used to tie the Rakhi tied to their followers who come to them for  blessings. The learned tied the sacred thread or Rakhi to themselves to  defend them from the vice.
In many scriptures, this day was  also better known as the 'Papa Todak' or Punya Pradayak Parva' or the  day that bequeaths boons and finish all sins.
Until that time,  Rakhi festival takes in the tenderness shared amid the siblings but at  the present it goes way further than it. A number of people knot Rakhi  to neighbors and close friends suggestive of a passive co-existence of  each individual.
Raksha Bandhan was first made famous by  Rabindranath Tagore to uphold the sentiment of agreement and pledge to  all members of culture to guard each other and support a harmonious  communal life.
In present state of affairs, Rakhi has a diverse  point of view. The instance involves a promise of life-time practice of  ethical, civilizing and religious values. The values and the emotions  attached to the rites of this event are worth inculcating by the entire  humankind, the sentiments of harmony and peaceful coexistence. The  festival of Raksha Bandhan or Rakhi is about all forms of guard, of  uprightness and destructive force of all transgression. The ceremony of  Rakhi tying has turn out to be so momentous that come what may, brothers  and sisters try to call each other place on this day in turn to fetch  back the oneness of the people, binding the family as one in a poignant  link of love.
Gifts on Raksha Bandhan
Raksha  Bandhan fiesta is the mainly expected festival for the sisters. As on  this very day they expect loads of gifts from their brothers. This day  is marked by lot of shopping for girls. Though Rakhi is an old festival  still it is celebrated in a very contemporary way. Many shops present  special gifts for the occasion of Rakhi. These gifts dot the merriment  of warmth and love of the sibling relationship.
In this affectionate  ritual of love and fondness amid brothers and sisters, exchange of  rakhi gifts is of great significance. These gifts are the token of love  from the brother's end. It is believed that if such gifts are kept safe  for the lifetime then the bonding remain strong. These gifts also help  in cherishing the sweet memories by the siblings.
Various gifts  given on the occasion of Raksha Bandhan are Apparels, Fashion Jewelry,  Leather Bags & Wallets and Soft Toys. Greeting Cards have become the  latest trend on the festival of Rakhi. Some other gifts are Household  Utility Items, Decorative Items, Books, Cakes and Chocolates.
Raksha Bandhan 2010
In  the year 2010, the festival of Raksha Bandhan is on Tuesday, August 24,  2010. It is the day of full moon in the month of Shravan.