Lakshmi is known to be the daughter of the mother Goddess Durga, and the wife of Vishnu, whom she accompanied, taking different forms in each of his incarnations. To understand the story of the birth of Goddess Lakshmi, let us throw some light on Vishnu Puranas.
The story begins with a meeting between Sage Durvasa and Lord Indra. Sage Durvasa, with a lot of respect, offers a garland of flowers to Lord Indra. Lord Indra takes the flowers and places it on the forehead of his elephant, Airavat. The elephant takes the garland and throws it down on the earth.
The chief of sages Durvasa gets angry at this disrespectful treatment of his gift, says to the King of Gods, “ you have an inflated ego and in your arrogance, you have not respected the garland which was the dwelling of the Goddess of fortune. Sage Durvasa curses Lord Indra that his kingdom will also be ruined like he has thrown the garland onto the ground in his excessive pride since Lord Indra has not bowed in front of him.
Sage Durvasa walks away and Indra returns to his capital Amravati. The changes in Amravati starts to take place following Durvasa’s curse. The gods & people lose their vigor and energy, all the vegetable products and plants start dying, men stop doing charity, minds become corrupted, people start engaging in ultimate sensory pleasures and men and women started getting excited by objects. Everyone’s desires become uncontrollable.
With the Gods getting weak in Amravati, the demons invaded the Gods and defeated them. This is the reason the Gods and Demons reside in us and are representative of the good and evil within us.
After being defeated, the Gods went to Lord Vishnu who suggested the churning of the ocean to restore the power back to the Gods by providing them with the Amrit that would make them immortal.
This is how the churning of the ocean began. The churning is symbolized by a literal tug of war between the Gods and Demons in the story. From this churning, Goddess Lakshmi rises out of the waves seated on a full-blown lotus. The Goddess Lakshmi chooses Vishnu as her Master and thus chooses the Gods over the demons. The Gods get their power back and fight the Asuras again and prevail over them.
The first lesson in this story is that Lakshmi, the Goddess of fortune forsakes even the Gods if they become arrogant. Lakshmi Goddess is not only about material wealth. When the Goddess of Fortune gets angry, it leads to an inability to perform good work, lack of energy, hunger, poverty, lack of mental peace, lack of willpower and meaningless life.