Warrier's Collage March 17, 2022

Welcome To Warrier's COLLAGE On Thursday, March 17, 2022 Handling Regrets https://youtu.be/cenxg8j-Rc0 Good Morning My article "Indian Pension System : An Overhaul is Overdue" published by Business Manager HR Magazine. Link at B. Nice Day M G Warrier A Messages/Responses Jyothilakshmi Anil Kumar Waiting for the next chapters from your life. Are you writing or is it a break ? My response : Hope to continue. Some constraints are there in Time Management. One, Iven't brought my laptop. Two, the old books and papers here take their share of my time. I've not prepared any draft or sketch. Have to depend on my own memory... Some others also have enquired... Thanks for the encouragement🙏-Warrier B Collage Lead Story Business Manager HR Magazine Overhaul Indian Pension System : Article by M G Warrier https://www.businessmanager.in/indian-pension-systems-an-overhaul-is-overdue/ Excerpts* : The need of the hour is a thorough overhaul of the Indian Pension System. The ultimate solution may not be going back to the pre-2004 government pension system or going ahead with the hurriedly introduced NPS, but something in between. Rajasthan chief minister Ashok Gehlot’s February 23, 2022 announcement restoring the old pension scheme for government employees appointed on or after January 1, 2004 benefiting more than 3 lakh such employees have, according to some observers, opened a Pandora’s Box. The old pension scheme was done away with by the Atal Bihari Vajpayee government through an executive order in December 2003, replacing it with a new pension system for central government employees (other than defence personnel) joining service from January 1, 2004. The Gehlot-government’s announcement not only created a buzz in other states but also became a subject of discussion across the country, especially in states where elections were either underway or due shortly. Minus the political implications of Rajasthan government’s above decision, this article tries to look at the sequence of events and their implications on the Indian Pension System, without attempting to fix the responsibility for the present chaotic situation affecting a large number of government employees/retirees other than defence personnel. In the interest of the social security of the affected citizens and their families, it is imperative that the government addresses all issues related to the New Pension System. *Please open the link to read full article. C Media Response March 16, 2022 Modernise accounting systems This refers to your editorial "Pragmatic decision" (The Hindu Business Line, March 16). The suggestion that lot more need to be done towards professionalisation of accounting systems in EPFO has not come a day earlier. Going a step forward, one would venture to assert that the suggestion is equally applicable to all government and bank accounts. The mention that EPFO has on its books 22 crore accounts against 6.4 crore live members making regular contributions is shocking. Though EPFO has introduced portability of accounts, it doesn't work unless each member keeps a vigil and ensures that her Provident Fund balances with the previous employer moves with her to the new employer's books. Coming to interest rates, no one talks openly about the existence of a captive catchment area for G-Secs. Some modalities will have to be found sooner than later to improve marketability of government bonds in retail market. Compulsions on institutional investors to make up for the shortfall in sales of G-Secs should be gradually eased. RBI and GOI should take the responsibility to offer some investment avenues for pension, insurance and PF accumulations which will give positive returns to the ultimate subscribers. M G Warrier Thiruvananthapuram D Nostalgia : Dictionaries Long ago, I was a habitual book-lover. In AG's Office Thiruvananthapuram, during 1960's, we had an Accounts Officer Shri Thrivikraman Pillai who was a voracious reader. Once, when he returned after a month's 'vacation' he was asked by a close friend : "During the one month, you would have read many good books. Anyone, you would suggest for me?" Pillai : "I read latest edition of 'Concise Oxford Dictionary' from cover to cover and took some notes, adding some elucidations which I thought will be useful for children. I'm copying my notes and I will share the final copy of my notes with you. It would be some 1000 pages in manuscript." The later part of the conversation was not shared with me by Pillai's friend! Remembered this, as I spent a few hours yesterday with the copies of Sanskrit-English (1899) and English-Sanskrit (1851) Dictionaries by Monier Williams after referring them to find out the meaning of the word "Corruption" in the 19th Century. Bonus Poetry : Alfred Austin Is Life Worth Living? https://www.best-poems.net/alfred-austin/is-life-worth-living.html Yes, so long As Spring revives the year, And hails us with the cuckoo's song, To show that she is here; So long as May of April takes, In smiles and tears, farewell, And windflowers dapple all the brakes, And primroses the dell; While children in the woodlands yet Adorn their little laps With ladysmock and violet, And daisy-chain their caps; While over orchard daffodils Cloud-shadows float and fleet, *** For full text, please open the link 🙏-Warrier E Spirituality/ Faith charan singh (@CharanSingh60) Tweeted: Unity in Diversity - 192 कठन करोध घट ही के भीतरि जिह सुधि सभ बिसराई रतनु गिआनु सभ को हिरि लीना ता सिउ कछु न बसाई .. जन नानक हरि भए दइआला तउ सभ बिधि बनि आई Anger: kills awareness All efforts/wisdom fails to control mind Only God's Mercy helps Guru Tegh Bahadur, Gauri, 219, SGGS https://twitter.com/CharanSingh60/status/1503850438214709248?s=20&t=EvW9Sam_A0OKn5a4rhKMiQ F Leisure As received in WhatsApp* "कोई तुम्हारे घर पर पान खाकर थूके तो उसे पोंछ दो!" ""महात्मागांधी"" "पर ध्यान रखो उसे पोंछते समय उसकी ही T-shirt use करो!" ""Narendra Modi"" " ओर फिर वो T-shirt उसे ही पहना दो." ""Amit Shah"" ""ओर उस T-shirt के साथ-साथ उस आदमी को भी धो डालो..!!"" ""Yogi Adityanath"" "धोने के बाद T-shirt फिर से बाजार में बेच दो" ""Ramdev Baba"" "बेचने से पहले उसपे 18% GST लगा दो" ""Nirmala SitaRaman"" *Forward received via Group mail from K Balasubramanian, Coimbatore G Quotes on blunders https://www.brainyquote.com/topics/blunder-quotes Context : Yesterday's Collage was dated March 15, 2022. A copy-paste template issue. One reader noticed. Like : There is no gardening without humility. Nature is constantly sending even its oldest scholars to the bottom of the class for some egregious* blunder. Alfred Austin Alfred Austin DL was an English poet who was appointed Poet Laureate in 1896, after an interval following the death of Tennyson, when the other candidates had either caused controversy or refused the honour. *egregious meaning : Outstandingly bad, shocking