Warrier's COLLAGE August 3, 2021

Welcome to Warrier's COLLAGE On Tuesday August 3, 2021 e-RUPI launched : https://m.timesofindia.com/business/india-business/pm-modi-launches-new-digital-payment-system-e-rupi-key-points/amp_articleshow/84972378.cms (e-RUPI is a cashless and contactless instrument for digital payment. It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries) Good Morning Nice Day M G Warrier India Wins Freedom https://youtu.be/vepQwxc0ekk (Uploaded by Films Division) A RBI Governor explains : https://m.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=1112 A jump in the RBI's ‘realised profits’ from sale of foreign exchange enabled you to transfer a higher-than-expected ₹99,122 crore as surplus to the government for the nine months to March 31, 2021. Are you sticking to the economic capital framework as revised on the lines of the Bimal Jalan committee’s recommendations? One of the key recommendations of the committee is that unrealised gains will not be transferred as a part of surplus and we are strictly following that. We intervene in the market to buy and sell foreign currencies, and what we earn out of that are realised gains. A large part of the surplus transfer constitutes the exchange gains from foreign exchange transactions. So whatever gains we make out of this are not unrealised (notional) gains (which can’t be transferred under ECF). We also make losses in such transactions, because RBI isn’t in the game of making profit but in the game of maintaining stability of the exchange rate and ensuring broader financial stability. Last year, about ₹70,000 crore had to be transferred to the contingency reserve fund because it was falling short of the 5.5% level recommended by the Jalan committee. This was because our balance sheet size grew substantially last year due to liquidity operations that we undertook in March, April and May. So, last year the larger size of the RBI’s balance sheet required that as much as ₹70,000 crore be transferred to the contingency reserve fund. This year, the expansion of balance-sheet wasn't that much, so the transfer was much less at about ₹25,000 crore. B Remembering Freedom Fighters Vinoba Bhave https://www.britannica.com/biography/Vinoba-Bhave Vinoba Bhave, byname of Vinayak Narahari Bhave, (born September 11, 1895, Gagode, Bombay Presidency [now in Maharashtra], India—died November 15, 1982, Wardha, Maharashtra), one of India’s best-known social reformers and a widely venerated disciple of Mohandas K Gandhi. Bhave was the founder of the Bhoodan Yajna(“Land-Gift Movement”) C Swami Vivekananda https://www.britannica.com/biography/Vivekanand Vivekananda, original name Narendranath Datta, Datta also spelled Dutt, (born January 12, 1863, Calcutta [now Kolkata]—died July 4, 1902, near Calcutta), Hindu spiritual leader and reformer in India who attempted to combine Indian spirituality with Western material progress, maintaining that the two supplemented and complemented one another. His Absolute was a person’s own higher self; to labour for the benefit of humanity was the noblest endeavour. D Readers' Contributions 1) Indian women's Hockey team captain Rani Rampal* “I wanted an escape from my life; from the electricity shortages, to the mosquitoes buzzing in our ear when we slept, from barely having two square meals to seeing our home getting flooded when it rained. My parents tried their best, but there was only so much they could do–Papa was a cart puller and Maa worked as a maid. There was a hockey academy near my home, so I’d spend hours watching players practice–I really wanted to play. Papa would earn Rs.80 a day and couldn't afford to buy me a stick. Everyday, I'd ask the coach to teach me too. He'd reject me because I was malnourished. He:d say, ‘You aren't strong enough to pull through a practice session.’ So, I found a broken hockey stick on the field and began practicing with that– I didn't have training clothes, so I was running around in a salwar kameez. But I was determined to prove myself. I begged the coach for a chance– maine bahut mushkil se convince kiya unko finally! (Continued at H1) *Received from Dr T V Surendran Mananthavady E Blogs & Links https://madrascourier.com/environment/the-jatinga-bird-mystery/ Excerpts : "The occurrence was first noted by British Ornithologist E.P. Gee, who published his findings in 1957, in his book The Wildlife of India. Gee described the event great detail: The whole thing is extraordinary…it does not take place anywhere else except this spot. Lights have been put in other spots but without success. Several conditions are necessary for the birds to come to Jatinga….It must be sometime between August 15 and October 31. September is the best month. It must be foggy, cloudy or misty. Slight rain is even better. The wind must be from south to the north, otherwise no birds will come. There must be no moon. It happens only on really dark nights. The lights must be bright and circular, not beamed like the light from an electric torch or a car headlight. An open space is preferred though under the above conditions birds even enter houses. The best time is between 7 and 10 p.m." F Leisure 'Collage' Olympics 2021 : Sportsman Spirit of the rarest kind https://time.com/6086388/high-jump-gold-medal-tie/ In a huddle with track officials, the athletes were given the option to settle the tie with a jump-off. Barshim had a better idea: How about two golds? The official said that was possible. Barshim nodded and Tamberi instantly accepted, slapping Barshim's hand and jumping into his arms. It would be far from his last celebration. “For me, coming here, I know for a fact that for the performance I did, I deserve that gold,” Barshim said. “He did the same thing, so I know he deserved that gold.” It stressed sportsmanship, too — or so they hope. It also adds to Barshim's Olympic medal collection, pairing nicely with silver in Rio and another medal at the 2012 London Games. “This is beyond sport,” Barshim said. “This is the message we deliver to the young generation.” G Quotes from Vivekananda about Rishis https://vivekavani.com/swami-vivekananda-rishis-sages/ Like : "In ancient times there were, no doubt, many Rishis and Maharshis who came face to face with Truth. But if this recalling of our ancient greatness is to be of real benefit, we too must become Rishis like them. Ay, not only that, but it is my firm conviction that we shall be even greater Rishis than any that our history presents to us."[Source] (Swami Vivekananda, born Narendranath Datta, was an Indian Hindu monk. He was a chief disciple of the 19th-century Indian mystic Ramakrishna) H 1) Continued from D1 But when I told my family, they said, ‘Ladkiya ghar ka kaam hi karti hai,’ and ‘Hum tumhe skirt pehen kar khelne nahi denge.’ I’d plead with them saying, ‘Please mujhe jaane do. If I fail, I’ll do whatever you want.’ My family reluctantly gave in. Training would start early in the morning. We didn’t even have a clock, so mom would stay up and look at the sky to check if it was the right time to wake me. At the academy, it was mandatory for each player to bring 500 ml of milk. My family could only afford milk worth 200 ml; without telling anyone, I’d mix the milk with water and drink it because I wanted to play. My coach supported me through thick and thin; he’d buy me hockey kits and shoes. He even allowed me to live with his family and took care of my dietary needs. I’d train hard and wouldn’t miss a single day of practice. I remember earning my first salary; I won Rs.500 after winning a tournament and gave the money to Papa. He hadn’t ever held so much money in his hands before. I promised my family, ‘One day, we’re going to have our own home’; I did everything in my power to work towards that. After representing my state and playing in several championships, I finally got a national call up at the age of 15! Still, my relatives would only ask me when I was planning on getting married. But Papa told me, ‘Play until your heart’s content.’ With my family’s support, I focused on doing my best for India and eventually, I became captain of the Indian hockey team! Soon after, while I was at home, a friend papa used to work with visited us. He brought along his granddaughter and told me, ‘She’s inspired by you and wants to become a hockey player!’ I was so happy; I just started crying. And then in 2017, I finally fulfilled the promise I made to my family and bought them a home. We cried together and held each other tightly! And I’m not done yet; this year, I’m determined to repay them and Coach with something they’ve always dreamed of– a gold medal from Tokyo.”