Gudhi Padwa is the Sanskrit name for Chaitra Shukla Pratipada. It is celebrated on the first day of the Chaitra month (first month of Hindu calendar) to mark the beginning of the New Year according to the lunisolar Hindu calendar.
Maharashtrians have a ritual where these sweet Gathi are given to the kids of the house also the garland made of these sweet candies are presented to the Gudi's. The Gudi's are hoist in the balcony, deck or someplace where it faces the sun.

Ingredients:
Sugar: 4 Tspn.
Water: 1 ½ Tspn. 
Red Food colour: One drop 

Tools: 
Baking Mat or parchment paper
Cooking twine or thick thread
A small wok or pan or kadhai 
A Spoon

Method:

1. First things first. Lay a foot of cooking twine on a baking mat.
2. Take a small bowl and mix sugar and water in it till the sugar dissolves completely.This mixture should be little thick in consistency so you will have to adjust the sugar and quantity in such a way that the water is just enough to dissolve the sugar. It should not be runny at all. 
3. Put the mixture in a small pan and put it on low heat. 
4. Keep stirring continuously.
5. At this time you can put a drop of food colour of your choice. You also can separate the mixture into two different pans and put the colour of your choice in one of them and keep one clear white (as battasa). I used red colour here. However, if you plan to make two coloured garlands, please make one batch at a time.
6. Keep stirring till the bubbles start to immerse. At this time if you feel the water is little less then add it literally drop by drop. As mentioned earlier you don’t want a runny mixture. 
7. Just continue to stir until the sugar just begins to caramelize but you definitely don’t want it to get caramelized completely.
8. As the bubbles rise, start collecting those bubbles in a spoon very carefully and lay it on the thread. It is easy to collect the bubbles by tilting the pan and by lowering the heat while you collect the bubbles for the droplets. Here you have to be a little quick as the sugar has started to caramelize and before it is caramelized completely you have to collect all the bubbles for the drops of Gathi. 
9. If you are making a double coloured garland, keep enough space for other coloured mixture. It spreads a little so keep space accordingly.
10. It cools and solidifies pretty quickly. 
11. Give 30-45minutes for the garland to settle down completely.
12. Now it is ready to go either on your Gudhi also in your kid’s tummy. 

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Also, see:

Gudi Pdwa 2018: Steps to perform gudi puja

Know how Maharashtrians celebrate grand festival 'Gudi Padwa'

Wish warm messages to your friends and family on 'Gudi Padwa'

All You Need To Know About Gudi Padwa

8 Gudi Padwa Rites to bring prosperity in life