Vaisakhi () ), also known as Baisakhi, Vaishakhi, or Vasakhi) is a festival celebrated in the Punjab region. The festival coincides with other festivals celebrated on the first day of Vaisakh, in some regions of India. Vaisakhi is especially important for the Sikh community as it marks the establishment of the Khalsa. More recently, this festival is also celebrated around the world by Sikh diaspora. The festival is also celebrated by Hindus and Buddhists for different reasons including the start of a new year. People in the Punjab Region regard Vaisakhi as a harvest festival and the Punjabi new year.