This is a Holi rhyme. Holi (होली) is an Indian and Nepali spring festival that celebrates the victory of good over evil and the arrival of spring. It's also known as the "festival of colors". People throw colored powders at each other and drench each other with water. Everyone is fair game! This happens in most outdoor public spaces, along with singing and dancing.

You can find the pronunciation in the Song Notes.

होली आई-होली आई - (Holi Aayi, Holi Aayi) - Indian Children's Songs - India - Mama Lisa's World: Children's Songs and Rhymes from Around the World  - Intro Image

Notes

*Gujiya is a sweet crescent shaped deep-fried pastry that's eaten for Holi and other festivities.

Pronunciation:
(Mostly from Google)

Holi aayi, holi aayi
Rang-birangi holi aayi
Gujhiya khao, rang lagao,
Ek-dooje ko gale lagao

Holi aayi, holi aayi
Rang-birangi holi aayi
Gujhiya khao, rang lagao,
Ek-dooje ko gale lagao

Ham sabako karatee hai ek.
Pyaar badhaate hain holi
Dooree sabhee mita dete hain,
Paas-paas laatee hai holi

Holi aayi, holi aayi,
Rang-birangee holi aayi

Watch
The reciting of the rhyme starts at 0:27 in the video below...

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Thanks and Acknowledgements

Image: A Plate Full of Gujhia by Sanjeevdwivedi, cc 3.0

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