Akshaya Tritiya is celebrated on the third day of the bright fortnight in the month of Vaishakha (vaisakha-sukla-paksa-tritiya). aksaya (sanskrit) means inexhaustible, that which never deteriorates. It is considered to be the most auspicious day to start a new venture.
Glorify the Supreme Lord who appeared as Parasurama
The Supreme Lord appeared as Parasurama, the son of Jamadagni Maharsi and Srimati Renukadevi, on the auspicious day of Akshaya Tritiya. He uprooted all the unwanted kings who appeared as thorns on the surface of the earth. Sri Jayadeva Goswami glorifies this incarnation of the Supreme Lord as follows:
snapayasi payasi śamita-bhava-tāpam
keśava dhṛta-bhṛgupati-rūpa jaya jagadiśa hare