Here is your short paragraph on Bhadrapada Shukla Panchami:
Falls in the month of August or September. At the end of Pajjushana is an ancient Indian festival of the Hindus and is known as Rishi-Panchami, the day of sages.
Pajjushana literally means service rendered with whole hearted effort and devotion.
On the last day, the Jains distribute alms to the poor and carries a Jina image in a car (ratha) in a procession through the streets headed by an ornamented Indradhvaja. During this festival of the Shvetambaras, the kalpa-sutra describing the lives of Tirthankaras is read before the laity by the monks. Miniature illustrations of manuscripts of this text are shown and worshipped.
The last day is a day of fasting. Some pious monks, nuns and the laity observe eight or more days of fast. During the festival an annual pratikramana or confession is performed for atonement of all conscious or unconscious misdeeds or wrong done and for the removal of mutual ill-feelings.