President Pranab Mukherjee, vice-president M Hamid Ansari and Prime Minister Manmohan Singh have greeted the nation on the occasion.
In a message, President Mukherjee said that the life and teachings of Lord Buddha have universal significance.
He said, the ideals of non-violence, peace, compassion and service to humanity embodied in Buddha's teachings have profoundly impacted human history and the course of civilization.
Vice-president Ansari said that people should follow Lord Buddha's enduring message of peaceful co-existence, non-violence and compassion.
In his message, he has said that on this auspicious day, let us firmly resolve to follow Lord Buddha's enduring message of peaceful co-existence, non-violence and compassion, so that we can build a more harmonious and caring society.
In his message, Prime Minister Manmohan Singh said the life of Lord Buddha inspires the people to follow the path of truth and brotherhood and work for the betterment of the downtrodden.