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 a different day every year because the Hindu calendar is a lunisolar calendar.n some parts of India it is known as Vikram Samvat or Bhartiya Nav Varsh. While the people of Andhra Pradesh, and Telangana use the term ఉగాది/Ugadi and Karnataka use the term Yugadi/Ugadi for this festival, the people of Maharashtra term the same festival, observed on the same day, Gudi Padwa (Marathi: गुढी पाडवा).