Warrier's COLLAGE September 22, 2021

Welcome to Warrier's COLLAGE On Wednesday September 22, 2021 Valley of Flowers https://youtu.be/PsYhx7UVjAI (Himalayas) Good Morning Nice Day M G Warrier A Messages 1) V Babusenan Thiruvananthapuram There is a place called Kalluvathilkal in Kerala, between Thiruvananthapuram and Kollam on the national highway. It derived its name from the presence of a gigantic rock. During the middle of the last century, that rock got converted into the Kollam-Ernakulam railway line. Now, in that place, there is not even a stone to throw at a passing bus! Still it retains its name Kalluvathilkal, proving John Stuart Mill correct. But that, in my humble opinion, does not reduce a bit the gross injustice going to be done to an institution whose intended duty is almost akin to what Christ had done : taking over the sins of others. (People who enjoy bad words may continue to use them. But in reality, the name of the new institution is "The National Assets Reconstruction Company Limited" (NARCL) and the name of the "Assets Manager" NARCL is roping in, will be "The India Debt Resolution Company Limited"(IDRCL)-Warrier) 2) Dr Charan Singh charan singh (@CharanSingh60) Tweeted: Unity in Diversity - 16 How has world become No good friend/guide No love between brothers/relations For sake of world lost morals/faith Nanak, 1410, SGGS नानक दुनीआ कैसी होई सालकु मितु न रहिउ कोई भाई बंधी हेतु चुकाइआ दुनीआ कारणि दीनु गवाइआ गुरु नानक, १४१० https://twitter.com/CharanSingh60/status/1440047690511831045?s=20 3) Vathsala Jayaraman I convey my sincere thanks to all my friends for their blessings to my grandson Aditya on the eve of publishing a book on computer science with special reference to Computer games. My special thanks are due to S/Shri JS, Badri, PPR Sir, Panchapagesan, Sitendra Kumar, G Mohan, Vijayaraghavans, M G Warrier, C S Sukumaran, Thyagarajan and Smt Prabha Ramadurai and many others who blessed him on this happy occasion. Vathsala Jayaraman B Current Affairs 1) FM Says : https://www.livemint.com/companies/people/its-not-weakness-in-ibc-but-in-how-people-are-gaming-it/amp-11632165895732.html That these assets have been sitting without resolution need not give us the impression that they have no value. The resolution formula will be given priority, not liquidation. When you look at the resolution, there is an implicit message being given that these are workable assets and that with some doing, they will be valuable. There will definitely be interest in the market. I lay a lot of emphasis on the professionals (managing the assets), which is why, along with NARCL, we have set up India Debt Resolution Co. Ltd (IDRCL). It will have panels of experts; panels because the assets belong to various categories. These panels will deal with assets in domains in which they have expertise. With that kind of specialized application of mind on each asset, we think they will be made up in such a way, and valued in such a way, that the market will find it interesting. Bank officials do not have that kind of specialization. 2) News & Views : M G Warrier Stressed Assets Management* This time, understandably media has taken a lenient view and looks, even the "bad" critiques of the new institution, who continue to prefix "bad" to the name bank are not able to suggest other viable options in place of the one considered acceptable by the government of the day. Let's not forget that stressed assets are part of the business of banking and the present unacceptable level of Non-Performing Assets in the Indian Financial Sector has a history. We can only wish the present efforts to professionalise and depoliticise management of the financial system will continue. M G Warrier Mumbai *Excerpted from a response in the media 3) US Vice President meeting Modi on September 23, 2021 https://www.deccanchronicle.com/nation/current-affairs/210921/us-vice-president-kamala-harris-to-meet-pm-narendra-modi-on-september.html C Collage Travel Valley of Flowers : Utharkhand https://www.euttaranchal.com/tourism/valley-of-flowers.php Valley of Flowers Trek - Heaven on Earth Bestowed with the rare and exotic Himalayan flora, the Valley of Flowers is a bouquet of nature peacefully snuggled in the West Himalayan region of Uttarakhand. The trek of Valley of flowers goes through dense forests, along with Pushpawati river and can be reached by crossing many bridges, glaciers and waterfalls on the way. This glaring piece of nature is an Indian National Park and a UNESCO World Heritage Site exhibiting plush meadows blossomed with endemic alpine flowers and diverse fauna in this valley. D Readers' Contribution 1) The "Veblen" Effect : Vathsala Jayaraman THE VEBLEN EFFECT At 23, Julius Caesar was a junior politician on the way up. But he had an advantage : confidence and brains. Sailing across the Aegean Sea, he was captured by Sicilian pirates. They demanded a ransom: 20 talents of silver. (That’s about 620kg, worth about $600,000.) Caesar told them they were being ridiculous. He couldn't possibly allow himself to be ransomed so cheaply. The pirates hesitated, they were confused. (Continued at H1) 2) Radha Binod Pal* V T Panchapagesan introduces an Indian who's part of World History Does anyone in India know this piece of history? > Answer must be a firm "No" from most of us! Now please read on. > > Remembered in Japan, forgotten in India........ > > The day was 12 November, 1948. Tokyo Trials are going on in a huge garden house on the outskirts of Tokyo, the trial of fifty-five Japanese war criminals including Japan's then Prime Minister Tojo, after losing WWII. (Continued at H2) *Know more : https://www.nationalww2museum.org/war/articles/justice-radhabinod-pal-tokyo-war-crimes-trial E Collage in Classroom The Himalayas https://www.speakingtree.in/allslides/himalaya-parvat-history/history-of-the-himalayas-421708 Excerpts : History of the Himalayas Himalayas did not exist millions of years ago. India was a vast Island floating on the ocean. About 220 million years back, India started drifting northwards. Travelling about 6,000 kilometers, it collided with Asia 40 million years ago. Since the Indian coast line was dense and firmly stuck to the seabed, the part of Indian landmass slid beneath the Asian continental plate thereby moving up the Asian landmass to form the Himalayas. 2) Conquest of Everest : BLink https://www.thehindubusinessline.com/blink/read/conquering-everest-a-compelling-account-of-how-an-impossible-dream-was-achieved/article36425020.ece?homepage=true Excerpts : "When George Mallory, the famous mountaineer was asked why he wanted to climb Mount Everest for the third time after two failed attempts, he replied, ‘Because it’s there!’. While these famous three words may or may not have inspired mountaineers to climb the highest mountain in the world, many have found their own reasons to attempt it. Jim Davidson is one such high-altitude climber. As a geologist with a good understanding of the Earth and environment, he has climbed many peaks over a period of 35 years. But it’s his quest to conquer the Everest, the biggest prize of them all, that led him up the peak in 2015, only to abandon the effort. Barely nine days into the climb, an avalanche triggered by a 7.8 magnitude earthquake cut his dream short and forced him to be evacuated by helicopter after two unsettling days on the mountain." 3) Many faces of Ganga https://madrascourier.com/environment/the-ganga-far-from-being-sacred-has-turned-into-an-ecological-disaster/ Excerpts : "Professor Mishra and his team, from the Neurology Department of the Institute of Medical Sciences of Banaras Hindu University, conducted a study entitled, ‘Spectrum of neurological diseases across Gangetic belt: A hospital based prospective observational study.’ The report published in the Internation Journal of Neuroscience on August 24, 2021, states that a high volume of people who live alongside the Ganga are suffering from neurological diseases owing to pollution. The study, which aimed at studying the prevalence of neurological diseases are along the Ganga, divided the river into two sections–riverfront (within 25 kilometres) and non-riverside (25 kilometres away)–seeking to analyse the patterns and clinical characteristics of neurological disorders in the Ganga region. The study found that ‘neurological diseases were more common in the Gangetic belt, with most common being stroke, seizures, and encephalopathies”; neurological disorders are common in individuals aged 50 to 70." F Leisure 1) Proverb of the day http://dailyproverbs.us/archives/711 Proverb of the day :- Laugh and grow fat Meaning / example :- Laughter creates a sense of well-being and happiness 2) Optional Life of Adi Shankaracharya https://youtu.be/AmIOHoTloUM G Quotes about Himalayas https://www.azquotes.com/quotes/topics/himalayas.html "There is something about the Himalayas not possessed by the Alps, something unseen and unknown, a charm that pervades every hour spent among them, a mystery intriguing and disturbing. Confronted by them, a man loses his grasp of ordinary things, perceiving himself as immortal, an entity capable of outdistancing all changes, all decay, all life, all death." Frank Smythe (Francis Sydney Smythe, better known as Frank Smythe or F. S. Smythe, was an English mountaineer, author, photographer and botanist. He is best remembered for his mountaineering in the Alps as well as in the Himalayas, where he identified a region that he named the "Valley of Flowers", now a protected park. ) H 1) Continued from D1 Caesar insisted the ransom must be raised to 50 talents of silver. (Around 1,550kg, worth about $1.5 million.) Now the pirates didn't know what to make of this. Normally, their captives tried to escape as cheaply as possible. They didn't understand what was going on. But if he said he would double the ransom, why argue? They let Caesar's men go back to Rome to raise the money. And in Rome, in his absence, Caesar suddenly became very famous and well known. No-one had ever been ransomed for such an enormous sum ever before. He must be very special, he must be incredibly important. That ransom demand put Caesar on the political map and made him famous. He had just invented the Veblen effect. Although Thorstein Veblen wouldn't give it that name for another 2,000 years. The Veblen effect is when consumers perceive higher-priced goods to be worth much more, simply because they cost more. Like Rolex, Cartier, Bentley, Rolls-Royce, Aston Martin, Louis Vuitton, Christian Louboutin, Harrods, Cristal Champagne. None of them are actually any better than the cheaper alternatives, but the price alone makes them seem more pricey and desirable. Caesar had effectively made himself a Veblen brand. He'd placed a much higher value on himself greater than anyone in Rome. But, as far as anyone in Rome knew, it wasn't him who had done it. It was an independent valuation. So it must be true. And because Caesar was now so highly valued, his men had little trouble raising the ransom money. They returned to the island and freed him. But Caesar wasn't going to allow the pirates to keep that sort of money at all. As a now important and famous man, it was easy to raise a huge force. He hunted down the pirates and took back all the money, plus everything else they had pillaged, then executed them all. So Caesar was now both very rich and very famous. And in time, with that same combination of confidence and brains, he became ruler of all Rome. And he presided over the golden age of the Roman Empire. Expanding it from Spain to Germany, from Britain to the Middle East. Because Caesar knew that reality begins in the mind. So the most important piece of real estate in which to stake a claim is the human mind. How you stake a claim in the mind is by creating a perception. And how you create that perception is by controlling the context. Control the context and you control the mind. Control the mind and you control reality. Sukabodananda, in his book, has narrated an episode. A footwear manufacturing company sent a person to a country in Africa to survey demand for footwear there. That fellow gave a reply having surveyed that no person uses footwear. Zero scope for sale of footwear. After sometime, the company sent another person to the same place and got his opinion that there is a lot of scope for marketing the footwear there. Once they are convinced of wearing footwear, there would be a huge demand. It is the difference in their perception. When a product is quoted with higher price, it makes people to assume that the quality of the product may be good in comparison with other products in the market, for example, O General and Hitachi brands costlier than the other A/C brands. Vathsala Jayaraman 2) Continued from D2 Of these, twenty-eight people have been identified as Class-A (crimes against peace) war criminals. If proved, the only punishment is the "death penalty". Eleven international judges from all over the world are announcing......"Guilty".... "Guilty"...... "Guilty"......... Suddenly one thundered, "Not Guilty!" A silence came down in the hallway. Who was this lone dissenter? His name was Radha Binod Pal a Judge from India. Born in 1886 in the Kumbh of East Bengal, his mother made a living by taking care of a household and their cow. For feeding the cow, Radha used to take the cow to the land near a local primary school. When the teacher taught in school, Radha used to listen from outside. One day the school inspector came to visit the school from the city. He asked some questions of the students after entering the class. Everyone was silent. Radha said from outside the classroom window.... "I know the answer to all your questions." And he answered all the questions one by one. Inspector said... "Wonderful!.. Which class do you read?" The answer came, "... I do not read...I graze a cow." Everyone was shocked to hear that. Calling the head teacher, the school inspector instructed the boy to take admission in school as well as provide some stipend. This is how education of Radha Binod Pal started. Then after passing the school final with the highest number in the district, he was admitted to Presidency College. After taking M Sc. from the University of Calcutta, he studied law again and got the Doctorate title. In the context of choosing the opposite of two things he once said, "law and mathematics are not so different after all.” Coming back again to the International Court of Tokyo. In his convincing argument to the rest of the jurists he signified that the Allies, (winners of WWII), also violated the principles of restraint and neutrality of international law. In addition to ignoring Japan's surrender hints, they killed two hundred thousand innocent people using nuclear bombardment. The judges were forced to drop many of the accused from Class-A to B, after seeing the logic written on twelve hundred thirty-two pages by Radha Binod Pal. These Class-B war criminals were saved by him from a sure death penalty. His verdict in the international court gave him and India a world-famous reputation. Radha Binod Pal is described as the modern father of International Humanitarian Law. He was the Head of the Department of Law Calcutta University. He was persuaded not to write this judgement and waa offered the first President of International Court of Justice. But he refused and wrote the Judgement. A great legal luminary. Japan respects this great man. In 1966 Emperor Hirohito awarded him the highest civilian honor of the country, 'Kokko Kunsao'. Two busy roads in Tokyo and Kyotto have been named after him. His verdict has been included in the syllabus of law studies there. In front of the Supreme Court of Tokyo, his statue has been placed. In 2007, Prime Minister Shinzo Abe expressed his desire to meet his family members in Delhi and met his son. Dr. Radha Binod Pal (27 January 1886 - 10 January 1967) name is remembered in the history of Japan. In Tokyo, Japan, he has a museum and a statue in Yasukuni shrine. Japan University has a research center in his name. Because of his judgment on Japanese war criminals, Chinese people hate him. He is the author of many books related to law. In India, almost nobody knows him and perhaps not even his neighbors know him! A hindi movie was made on him, Tokyo Trials, starring Irfan Khan but that movie never made headlines.....just one of the many many underrated & unknown Indians. I sincerely request you to read it atleast and if you felt it's worth so, you can share it also.🙏🏻 V T Panchapagesan


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