Warrier's Collage April 3, 2022

Welcome To Warrier's COLLAGE On Sunday, April 3, 2022 Annamacharya Keerthanas https://youtu.be/dJq6R_pblis (Recital : M S Subbulakshmi) Know more* : https://www.speakingtree.in/blog/translations-of-krithitis-of-annamayyathe-prapithamaha-of-carnatic-music (*I'm not sure whether this link is helpful. But I'm impressed by the efforts put in by Puducode R Ramachander 🙏-Warrier) Good Morning Happy Birthday to all readers having Birthday during the week ending Saturday April 9, 2022. Ayurarogyasaukhyam and Best Wishes 🙏 Nice Day M G Warrier A Select Responses : Book Release on April 2, 2022 1) Venugopal Hyderabad Hearty congratulations on your new book release event. I feel proud to have worked with you at Nagpur. Till today we fondly remember you and your advice for pention option. Stay safe and stay well. Venu & family 2) R Jayakumar Today (April 2, 2022) is your book release date. Wishing you all the best. 3) Reshmy Warrier, Mumbai I thought this book was released already! Congratulations once again! My clarification : You are right. The book is in the market (With Notion Press* and online sales outlets like Amazon and Flipkart) since end 2020. We had not formally released any of my books in a function. As this is possibly the third and final among my books on RBI and finance-related issues I thought a formal release was in order. But the C-thing dampened the enthusiasm and things got delayed. When my friends said we are having the Annual General Body Meeting of the RBI Retirees Association Thiruvananthapuram on April 2, 2022, I thought why not formally release this book at the meeting which will be attended by many of my friends. I had not brought even a single copy of the book with me from Mumbai. Procured some copies from the Notion Press Chennai. Association office bearers and Shri Thomas Mathew Regional Director RBI gladly gave their consent. Thus "Restoring Trust in Governance" was formally released by handing over a copy of the book to RD, RBI, Thiruvananthapuram on April 2, 2022. Some 200 Retirees attended the function. The entire sales proceeds credited to the Relief Fund maintained by the Retirees Association. All were happy 🙏-Warrier * https://notionpress.com/read/restoring-trust-in-governance https://www.amazon.in/dp/1636335896/ref=cm_sw_r_apan_i_KM3MEJ30NE5NG1X3FJA3 B Current Affairs Reserve Bank of India Monetary Policy and Central Bank Communication - Shri Shaktikanta Das https://m.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=20869 Excerpts : "Central banks remain at the heart of modern monetary and financial systems. They have several instruments at their disposal to carry out their wide-ranging mandate which includes monetary policy as the prime tool to achieve macroeconomic stability. In this process, central banks through their monetary policy operations influence longer-term interest rates, overall economic activity and ultimately, prices. They aim to achieve price stability (low and stable inflation) over a period of time while minimising fluctuations in output and employment. Over time, the functions and priorities of central banks have evolved in-line with domestic and global economic and financial developments and the prevailing political-economic discourse. Yet, fostering monetary and financial stability has always remained the most important policy anchor of a central bank in its pursuit of achieving maximum sustainable levels of output in the economy. This is aptly reflected in the Preamble to the Reserve Bank of India Act, 1934 that describes the broad mandate of the Reserve Bank as follows: “it is expedient to constitute a Reserve Bank for India to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage”. In my talk today, I shall focus on the evolution of ideas that shaped Indian monetary policy. Monetary policy is not merely a science where we tweak some instrument to achieve an objective. It is also an art of creating new instruments and taking policy calls in response to anticipated and evolving challenges and communicating them with prescience and clarity, especially during crisis times. Decisiveness, timing and communication are key to effective monetary policy. In my address today, I propose to dwell upon aspects of monetary policy and central bank communication. C V Babusenan's Column Debating Societies 'Ramanan', the pastoral elegy in Malayalam, appeared in print in1936. Written by Changampuzha Krishna Pillai, the epoch-making poet, it was in memory of another poet and his close friend Edappally Raghavan Pillai who died young. The book became tremendously popular and is still at the top of the sales record. About a century earlier, the great English poet Tennyson wrote a more or less similar elegy on the death of his close friend and poet Arthur Henry Hallam. Every student of English literature knows about it. Tennyson and Hallam studied together in Cambridge during the earlier part of the 19th century. They were members of a private debating society whose membership was restricted to twelve Cambridge scholars. Because of this number, it was nicknamed 'The Society of Apostles' reminding one of the number of Christ's disciples. About this society there is a reference in Tennyson's elegy('In Memorium') : "We held debate, a band of youthful friends On mind and mart and all the framework of the land" The regular debating societies in the university were 'The Moral Science Club' and 'The Magpie& Stump'(Nehru was a member of the latter society) Hallam died at a very young age of22! Russell and G E Moore, the philosopher, were brilliant participants in all these debating societies during the closing years of the century. Lytton Strachey, the well-known author of 'The Eminent Victorians' is said to have told his friends that he wished to have these words inscribed on his grave : 'Here lies a man who knew Moore and Russell'. Coming to our land and the earlier part of the last century, there existed in all colleges in the princely state of Travancore(surely in other places in India too) active debating societies. The University College, Thiruvananthapuram, had one such debating society. I wish to mention here about a particular debate on Marxian thought that took place in the early 50s.The person who initiated the discussion was a brilliant speaker and the son of the then Principal. He vehemently spoke against communism and concluded his speech inviting the 'Grandson of Stalin' to reply. Everyone enjoyed the joke, including the Grandson himself who slowly stood up and said : "I am aware that my good friend was qualifying me politically and not biologically." Then followed a wonderful speech showing his mastery of English and Marxian thought and the entire audience sat spellbound. There was thunderous applause when he concluded. This speaker later became a Governor of the Reserve Bank : Shri S Venkitaramanan. Such debating societies have mostly vanished from college campuses. These societies play a prominent role in cultivating original thinking and helping young men and women to express ideas clearly with respect for differing views which are qualities essential for a healthy democracy. .D Spirituality/Faith 1) Satsangam with Panchapagesan SUNDAY COLLAGE Man is also an unstable animal growing vertically. However Nature/ Supreme force has given him intelligence unlike other animals who grow horizontally with tails for its protection…. With four legs……. Man with his knowledge has changed his living radically changing his life using Technology and Science as his tools. The material abundance provided by technology and the information flow accelerated by innovations have drastically altered his personal and professional lives, duly remapped society.. Curiously though, we hesitate to aim its "laser light" to know the truth about ourselves. As humans, we are, over time, evidenced an innate desire to answer persistent questions to our lives : Why are we here? Is there a purpose to our lives? Is there a Creator who brought us here? The problem of God's “likeness” has been resolved in a unique way in Vedanta… The Creator was too abstract to be popular. They reasoned, since everything in nature is God's creation. It might be simpler to connect with Brahman through an icon of personal choice, as long as the icon was only a representation of ultimate reality.. This is the genesis of the Hindu pantheon of Gods and Goddesses . If we could universally believe in all religious diversities as representations of a single, transcendent reality, the dreadful problems of fundamentalism and conflict would disappear and we might one day resolve the science-religion face-off. That is why being an atheist in the age of science is rather unscientific. Elkhart Tolle says: Enlightenment means rising above thought, not falling back to a level of an Animal or a Plant… V T Panchapagesan (It's difficult to prescribe any one approach in such things. Each individual has to find his/her own answers. Same individual can be theist or atheist for others depending on their perceptions. Guidance like this will definitely help in finding answers 🙏-Warrier) 2) Dr Charan Singh https://twitter.com/CharanSingh60/status/1509996072298774528?s=20&t=-ozklOwyrOMxcYsfzTU4FQ Unity in Diversity - 209 जोग सबदं गिआन सबदं बेद सबदं ब्राहमणह .. सरब सबदं एक सबदं जे को जाणै भेउ नानकु ता का दासु है सोई निरंजन देउ A way each for Yogi, Brahmin . Way of Ways, converging to 1, if one knows the secret! Nanak is slave to spotless Almighty Guru Angad, 469, SGGS E Story Time with Vathsala Jayaraman Krishna and Thief A Brahman, whose profession was singing the glories of the Lord, was once reciting Bhagavatha in the house of a patron. A thief broke into the house where the recital was going on and hid himself in the attic. Perforce, he had to listen to Bhagavatha. The singer was describing the ornaments worn by Krishna. He described the various ornaments Yasodha put on Krishna before sending Him out with the cows. The thief thought that he should kill that lad, Krishna and rob all the ornaments at one stroke instead of struggling every day with petty stealing. He waited till the Brahmin finished the story and left the place. The thief wanted to know where this boy was. He, therefore, followed the Brahmin and waylaid him. The Brahmin was frightened and feared that he would lose even the small amount collected as dakshina and told the thief, "I do not have anything with me". The thief told, "I do not want any material from you. I want only some information. You were telling that one lady Yasodha adorned a boy Krishna with ornaments before she sent him for grazing the cows. I want to know where I can find him." The Brahmin was in a fix. Cleverly he told the thief, "There is a book in my house where I keep all these particulars. Come with me." He took the thief to his house, and looked in some book and told, "In Brindavana, on the banks of Yamuna, in a green meadow, two boys will come in the morning. One dark like the cloud with a flute, and the other fair clad in white silk. The dark one will have all the ornaments I had described." The thief believed the story and set out to Brindavana immediately. He located the place, climbed up a tree and waited for the boys. The sun rose. Faint melody of the flute wafted along the morning breeze. The enchanting music could then be heard closer and the thief spotted two boys coming. He got down from the tree and went near them. The moment he saw them, he forgot himself for a moment, folded his hands and shed tears of joy. He wondered which wretched mother had sent these radiant boys, vigrahas chiseled to perfection, loaded with ornaments to the riverbank. Since the thief had carefully listened to the story of Krishna as told by the Brahmin, he noticed that Krishna was not wearing one particular piece of ornament described by the Brahmin. He even wanted to adorn Krishna with the missing ornament, which he wanted to get even by stealing, and enjoy the sight to his heart's content. Just as the clouds cover the bright sun, wicked thoughts developed in his mind again. He approached the boys to kill them. Shouting, "Stop," he held Krishna's hand. The moment he touched Krishna all his previous karma was wiped clean and he inquired lovingly, "Who are you?" Krishna told him, "Leave My hands. I am frightened by your looks." The thief told Krishna, "It is my evil mind which is reflected in my face. If you are frightened I shall go away." Krishna then told the thief, "Have you forgotten the purpose for which you have come? Here, take my ornaments." Confused the thief said, "Will not your mother scold you, if you gift away all your ornaments to me?" Krishna smiled and said, "Do not worry about that. I have plenty of them. I am a bigger thief than you. But there is a difference between you and me– however much I steal, the owners do not complain. I am lovingly called "Chitha Chora". Though you are not aware of it, you have a previous ornament in your possession, the "Chitha". I shall steal it now and take the same with Me." So saying both the boys vanished. The thief found to his surprise a bag full of ornaments on his shoulder. He brought it to the Brahmin's house and told him what had happened. The Brahmin was frightened, took the thief inside and opened the bag. To his utter amazement he saw all the ornaments described as being worn by Krishna in the Bhagavatha, in the thief's bag. Shedding tears of joy, the Brahmin asked the thief to take him to the place where he saw the dark boy. The thief obliged and both of them waited in the same place where the thief accosted the boy the previous day. Suddenly the thief exclaimed, "Look, here they come!" However, the Brahmin could not see any one. Stricken with remorse, he said, "Swami, when You give Darshan to a thief, why not me? If you do not give Darshan to me, I shall end my life." Krishna then told him, "You are reading Bhagavatha just as another story. The thief on the other hand, believed what you had told him. I manifest only for those who surrender to Me." Glories to the thief who saw LORD ....Lets leave our chittha to Chittha chora. Hare krishna!! Vathsala Jayaraman F Leisure Life's like that : Reader's Digest https://www.readersdigest.in/humour/story-heres-how-you-have-fun-at-your-boring-job-124609 Like : IN THE 1960s, my father often parked his car outside our apartment in Mumbai. One day, he discovered two hubcaps missing from the left side of the car. He tried to find exact replacements, but failed. A friend suggested an auto accessories shop in ‘Chor Bazaar’, so he decided to give it a shot. My father showed the right-side hubcaps to the shopkeeper and waited in the shop, while he checked the warehouse. Lo and behold! The man returned with two hubcaps, but charged a hefty price for them. Excited, my father went out to fit them, only to find the right-side caps missing! C. Ratheesan Menon, Bengaluru G Quotes on iconoclasts https://www.azquotes.com/quotes/topics/iconoclasm.html Like : The appeal of science fiction has always been its iconoclasm . . . But in order to be an iconoclast, an author must be more than merely aware of the idol he wishes to destroy. He must be intimate with it and understand it in all its aspects. This means that he must have devoted serious thought to it, and have beliefs of his own which will stand up in the place of the broken idol. In other words, any child can complain, but it takes an adult to clash with accepted beliefs . . . an adult with ideas. Alfred Bester Alfred Bester was an American science fiction author, TV and radio scriptwriter, magazine editor and scripter for comic strips and comic books. Though successful in all these fields, he is best remembered for his science fiction, including The Demolished Man.