The full moon day in the month of Ashadha (july-august) is called Gurupoornima.The day of Guru Poornima is traditionally the time when seekers offer the Guru their gratitude and receive his blessings.
The word guru is derived from two words, gu and ru. The Sanskrit word gu means darkness or ignorance, and ru denotes the remover of that darkness. Therefore, a guru is one who removes the darkness of our ignorance.
This was the day, when Krishna-Dwaipayana-Vyasa , author of the Mahabharata was born to sage Parashara and a fisherman’s daughter Satyavati, thus this day is also celebrated as Vyasa Poornima.
This festival has great importance for Indian academics and scholars. Indian academics celebrate this day by thanking their teachers as well as remembering past teachers and scholars.