In Sanskrit, the word swastika is a combination of 'su' (meaning 'good') and 'asti' (meaning 'to exist') — often getting translated as 'all is well.' The swastika is thus understood to be a symbol of auspiciousness and good fortune.
Though the Nazi symbol was originally called the hakenkreuz (meaning 'hooked cross)', early translations of Adolf Hilter's "Mein Kampf" into English substituted swastika for hakenkreuz, thereby popularizing the notion of a "Nazi swastika".
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Many Hindus adorn the threshold of the front entrance to their homes with the swastika. Wikimedia Commons
The swastika is regularly painted or written on Hindu homes, businesses, printed materials, cars, temples, and ashrams. Many Hindus adorn the threshold of the front entrance to their homes with the swastika. Especially during Diwali, Hindus may wash away old swastikas and reapply them, or include them as part of their rangoli (a traditional art form using dyed powders, rice and grains, or flowers to decorate the ground of courtyards). Often during Diwali, the swastika is created by artfully arranging diyas (clay lamps).
Though many Hindus displaying the swastika are doing so in the spirit of using it as auspicious and attractive decoration, the four limbs of the swastika are also interpreted with deeper symbolic meaning.
The four limbs can be interpreted as representing:
The four limbs can be interpreted as representing the four Vedas. Wikimedia Commons
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Yes. In 2008, the second Hindu-Jewish leadership summit took place in Jerusalem. The summit issued the follow declaration, recognizing the importance and positive intent of Hindus using the swastika:
"Swastika is an ancient and greatly auspicious symbol of the Hindu tradition. It is inscribed on Hindu temples, ritual altars, entrances, and even account books. A distorted version of this sacred symbol was misappropriated by the Third Reich in Germany, and abused as an emblem under which heinous crimes were perpetrated against humanity, particularly the Jewish people. The participants recognize that this symbol is, and has been sacred to Hindus for millennia, long before its misappropriation."