Warrier's Collage on Sunday August 13, 2023

Welcome To Warrier's COLLAGE On Sunday August 13, 2023 Good Morning https://www.youtube.com/live/uN8gLmmWqZE?feature=share This is the live youtube link for Aditya's concert. It will be at 3:30 AM India time on 13 August, 2023 but the link is expected to be available to watch for up to 24 hours. (Aditya Anandan is ExRBite Vathsala Jayaraman's grandson, now in US-Warrier) Nice Day M G Warrier Collage Editorial Collage with different frequencies of appearance has been there for more than three years now. Readers have been trained to remain happy with and "despite of" Collage. No, today's subject is different. I'm planning to go for cataract surgery sometime during September/October 2023. Again Collage will have a longer holiday. That too is not the subject of this piece. In Malayalam there's a poem about spectacle by Murugan Kattakkada : https://youtu.be/g_ffjTi_keQ Murugan Kattakkada has beautifully painted the present dilemma of people like us. Can a spectacle change your views? I am tempted to say, yes. Are we not slaves of the media houses and scholars of WhatsApp University who make us use the spectacles they force us to wear? Don't be in a hurry to answer. I'll be back with Part II of this piece after some time. Till then... M G Warrier A Responses/ Messages 1 Vathsala Jayaraman Personal finance The article in Collage last week reminded me of our experience in 2002. After I retired, myself and husband wanted to experiment on share market, the direction we never stepped up during service. That was the time when Sun TV was running one hour programme for toddlers in this field. Very seriously both of us listened to each and every bit of conversation, recorded every bit of information in a long note book. We decided to invest Rs 2 L each little by little in good stocks and mutual funds. It was an interesting class. We experienced how youngsters get enamoured of such investments. We got elated when stocks bloomed and got depressed when it went down. After eight long years we wanted to wind up. As Shri Subbaraman Sir said, we got around 6.5 percent interest on the whole for all the efforts taken. We would have got the same or even more by investing in bank. A big lesson learnt. No need to say that my husband won't take such risks and the 4 L investment was only imaginary just for record purposes. The lesson learnt was really worthy. The experience of financial gain and loss- a thing to be enjoyed and felt. A great lesson learnt after retirement though imaginary. Vathsala Jayaraman 2 C V Subbaraman After reading your post as reflected in MONEYWISE, and in the background of what I wrote in Collage on investment luck, I am convinced that luck plays a major part in investment propositions. It was amusing that after stressing on the luck factor, the "adviser" renders advice on investment in financial field without knowing the luck factor of those who would approach him! Does not it sound better for one to go to an astrologer with one's horoscope than to an investment adviser, if luck plays a major role? Besides, it is funny to read that your investment depends on the luck of the fund manager rather than on your own luck! Unless both these coincide, one may not make any gains. On the contrary if your luck is good and the fund manager's is not, what happens? Will this cancel each one out and one may make neither gain nor loss? in other words, one may not gain even bank SB rate of interest! It is better not to depend upon the luck of others; let us be guided by our own luck and intelligence. This should be the maxim for any investor. Subbaraman II Friendship Day Very noble thought from Shri Sridharan Iyengar. RBI was group with many a lovely port of call for many ships, boats, canoes, et al, where we, the one time employees met , at one or the other of its ports across the country, and carried memories and shared those memories. We all still recall our experiences. But for all of us now having been permanently in dry dock, being out of service! Counting our days, exchanging our ideas, through Collage or otherwise, we carry on. RBI may mean for many of us many things: but for almost all of us now, out of service, and betrayed from 2003 onwards it only means for us now Retirement Benefit Insufficient! subbaraman 3 K N Ganapathy [8/8, 10:36 AM] KNGanapathy050721: Regarding making a profit by investing in sharemarket it is a matter of pure luck. Let me quote two cases. Many decades back I got 100 shares allotted in Indian Hotels. I lost interest in following the market. After about 4 years I happened to see a report that Indian Hotels had declared dividend of 14,% as compared to 12% in the previous year. I wrote a letter to the company and to my surprise they had forwarded dividend warrants for 3 years advising I had not collected the original warrants. I deposited the warrants in my bank. I thought that due to my failure to follow the market I could have missed the dividend for these years. So I decided to sell the shares. The share brokers sold the shares at around Rs.21 and I was happy with the profit, about 100% in about 4 years. Later I learnt that they had issued bonus shares in a few years and price had multiplied many times. I could have held those shares. Next one. I had 100 shares of Shree Synthetics. As I had lost interest in share Market, I sold the shares and got a price which was more than twice the cost of my acquiring them and I was happy. Then after a few months a gentleman tapped the door of my flat on a Sunday. I opened the door and enquired. He told me that I had 100 shares in Shree Synthetics and can I oblige him by giving a proxy in favour of Seetharam Jaipuria who is the chairman of the company. I said I have sold the shares. He stated that in the Company records my name is there and can I oblige by giving proxy. I developed curiosity. I invited him to my drawing room, gave him coffee and enquired how he expects me to give a proxy when I have already sold the shares. He started explaining that Seetha ram Jaipuria is deeply interested in running the company profitably but his brother Rajaram Jaipuria is keen to amalgamate the company with other sister concerns who are not working profitably. So it will be a good support from my side to the company if I give a proxy favouring Seetharam. I said: It will be unethical if I sign such a proxy as I am no longer a shareholder. And I am convinced that Seetha ram and Rajaram are not angels but only self-centered. But as you have taken so much time and strain to visit me and as I have no stake in it I do not mind giving a proxy. I signed the proxy and he was happy. Then he enquired about the route to a share holder's house in Kelly's. There was an innocent shareholder there, probably with a a 50 or 100 shares like me. Then I asked him one question "Who is paying your conveyance and TA for your these visits." He said the company (Shree Synthetics) will pay. I said, "It is for Seetharam that you are working. Should he not pay you?". He replied: It is in the interest of the company that this work is being done." Strange. But there is a point in what he says though I do not subscribe to it. This incident resulted in my losing interest once for all in share market. KNGanapathy050721: K.N.Ganapathy B Current Affairs Rating India* August 9, 2023 Rating India This refers to the report "'Sovereign ratings assigned to India by global agencies utterly absurd '" (The Hindu Business Line, August 9). Well said Sanjeev Sanyal! India is a victim of foreign domination even today when it comes to assessment of the country’s self-esteem. Our credit-worthiness, poverty level, comparative position in several other human development indicators and ability to protect against environmental hazards are all decided by outside agencies, which have no independent means to judge us other than data fed by our own agencies within the country. It is comforting to see that a change in approach in Delhi through various initiatives including the effort to promote slogans like ‘Make in India’ acceptance of the need for infusing professionalism in governance and better financial sector management have started yielding results. Time is opportune** for India to set up a domestic rating agency which will be globally acceptable. If the existing institutions are beyond repair, new institutions should replace them. M G Warrier Mumbai *Published on August 10, 2023. **Also read my April 2015 article on the subject : https://www.moneylife.in/article/rating-india-in-india/41349.html 2 Friendship Day, 2023 Copied below is Sridharan Iyengar's FB Post on Friendship Day*, 2023 (Of course, without Sridhar's permission. Because we are friends) M G Warrier *In India, Friendship Day falls on the first Sunday in August. Therefore, this year, it was celebrated on August 6, Sunday, 2023. Quote : Good morning friends! When we become old, old memories often knock the doors of past days! RBI, a wonderful, unique and incomparable organisation where we had the privilege of working for at least 35 to 40 years are now outside the purview of lively administration under the pretext of retirement compulsion completing 60 years of age! Here we are floating in the clouds of rewinding past days deriving little energy! Those who spent their days in Mumbai, Bombay Central offices would recall the energy we had, though commuting had problems, enjoyed those days! Departments like DAD, PAD, DGBA, DAPM, DEAP, DESACS, DAPM, PPD, SECRETARY's, BOMBAY OFFICE, CASH DEPT, DCM, FED, RPCD, DEIO, IDM had their own environmental conditions but we all coordinated as one RBI family! Especially lunch time and tea time used to be a joyful time. At All India, our RBI is spreading its wings and wherever we visit, the three little alphabets RBI stands as a great protective wall yielding a dignity and status! At this age, everyone has different issues, but all said and done, through decent pension, post retirement medical facilities, holiday home facilities, friends' net work on an all India basis and beyond, interacting and rewinding memories with friends keep us agile! On this friendship day, let us all unitedly pray to the Divine : May HE keep all of us in HIS protective palm and guide us in the path of joy and bless us with robust health! May this RBI Group keep us bound with the rope of love and affinity is my sincere prayer๐Ÿ™ Sridharan Iyengar Franklin Misquith's Poem : International Day Of Friendship This is a day to remember, As each of us is a member, Friendship in our heart is like a burning ember, If it is sincere, it won't dismember. True friendship is forever and a day, Together into the distance we can sail away. Be friendly with one and all, But only with one we can play ball, And dance and prance about the hall, Then go hand in hand, looking at every stall. 3 News u can use : Five Day Week https://bfsi.economictimes.indiatimes.com/news/banking/iba-approves-five-day-bank-week-proposal-before-finance-ministry/102511536?action=profile_completion&utm_source=Mailer&utm_medium=newsletter&utm_campaign=etbfsi_news_2023-08-08&dt=2023-08-08&em=bWd3YXJyaWVyQGdtYWlsLmNvbQ== C Collage Cover Story : Universality of Parkinson's Law : Vathsala Jayaraman I keep a safe distance from all economists, say at least 500 meters, because of their ability to state even the obvious in the most incomprehensible language. Art Buchwald said‘An economist is a man who knows a hundred ways of making love but doesn't know any women'. Continued at H 1 D Columns V T Panchapagesan Ref : Cover Story PRAGYANAM Brahma. Intelligence is Divine. Rig Ved.. Those abiding in the midst of ignorance, Self-wise, thinking themselves learned, Hard smitten, go around deluded, Like blind men led by one who is himself BLIND.. Mundaka Upanishad, 1,2-8. Miser dies on station steps……………….Head line Then the news item went on to tell the story…. Passers-by gave a hurried glance at the shabbily dressed Figure apparently sleeping, then walked on incuriously……. Two hours passed before a man became interested enough To give the body a shove and discover that the man was dead….. A detective searching through the dead man's pockets found No money but an identifying letter. Going to the address, he found a dingy little flat, without light or heat, Where the deceased had spent thirty years of his life . In a closet there was a box containing four bank books, representing A total savings of Rs.50,000==00. In many respects this is not an uncommon story. It shows how a misguided caution often keeps many from living A FULLER, RICHER LIFE……… Live well completing the innings to satisfaction….. Be Well, V T Panchapagesan Babusenan's Column A Chandrayaan Prayer Undeterred by its failure in 2019 to reach the moon, the Indian Space Research Organization (ISRO) made its third attempt last month. Under the name 'Chandrayaan-3 Mission', it launched from the Satish Dhawan Space Centre in Shriharikota, on the 14th July, an integrated module (comprising a rover among other things) and placed it comfortably on an elliptic orbit. Its control was then taken over by ISRO's centre in Bengaluru and, after a few subtle and stage-by-stage manoeuvres, it safely placed the spacecraft under the moon's influence on the 4th August. The rover is expected to touch the moon on the 23 rd of this month! When this great event happens, India would have covered nearly 4 lakh kms in space to become the 4th country in the world, after the US, Russia and China, to have soft-landed on the moon. What a glorious achievement from the point of view of science! But alas! the law of inverse proportion seems to hold sway here. Plainly put, when the brain swells, the heart contracts. No examples are needed to support this statement. Of course, this seems to be part of a global phenomenon. The rover in the module is expected to touch the moon's surface at about 5.45 pm on 23rd August. At that glorious moment, why not all of us, Indians, raise this Gitanjali prayer heavenwards : "Where the mind is without fear and the head is held high; Where knowledge is free; Where the world has not been broken up into fragments by narrow domestic walls; Where words come out from the depth of truth; Where tireless striving stretches its arms towards perfection; Where the clear stream of reason has not lost its way into the dreary desert sand of dead habit; Where the mind is lead forward by Thee into ever widening thought and action- Into that heaven of freedom, my Father, let my country awake." For such a prayer, what moment is more appropriate than a moment of great triumph in Science? E Media Responses 1 Call to decentralise This refers to the article "Decentralise human development" (The Hindu Business Line, August 12). There can't be a better time to remind the need to decentralise development initiatives. This is not just about poverty alleviation, healthcare services or improvement in literacy. Somewhere we lost the "Grama Swaraj" idea with the invasion of corporates. Many geographical pockets in India have proved that local leadership and active participation in local self-government by people can do wonders. The need of the hour is conscious sharing of powers and resources across geographies without the present top to bottom percolation. Illustratively, if a corporate is allowed develop a port, the responsibility for rehabilitation of the displaced people and ensuring commensurate development of the entire area affected should be that of the Port Development Authority. M G Warrier Mumbai August 7, 2023 Unpaid deposits with institutions In July, 2022, RBI came out with a notification about unclaimed deposits in banks, clarifying that though the balances in SB/Current accounts remaining inoperative and term deposits remaining unclaimed after maturity will be transferred to "Depositor Education and Awareness" Fund, for 10 years, the depositors or their legal heirs will continue to have the right to claim such amounts. The notification exhorted the following public to identify and claim such deposits. Banks are not alone in accumulating unclaimed deposits. Of course they are in the forefront, having transferred a staggering Rs35,000 crores under this account to RBI. LIC, Provident Fund Managers and corporates(with accumulation of unpaid dividend) also owe huge amounts to public under unclaimed funds, major portion of which which may belong to identifiable beneficiaries. In the above context government may consider setting up a statutory body to oversee accounting of the so-called “unclaimed deposits/payments”. Such a body should be made responsible to: • Track unclaimed deposits with organisations, • Monitor timely repayment of public funds collected by government organisations and corporates under various pretexts as advance deposits, • Audit accounts of maturity proceeds of policies, deposits, accumulated balances in provident/pension funds remaining undisbursed beyond a reasonable period, • Receive and handle claims from public relating to such deposits/balances and • Coordinate among various agencies and government departments for achieving these objectives. M G Warrier Mumbai My article published @moneylife.in during 2013 https://www.moneylife.in/article/do-we-need-a-regulator-for-unclaimed-deposits/32537.html F Books & Blogs 1 www.warriersblog.com 2 Tapioca thief https://timesofindia.indiatimes.com/readersblog/warriersviews/theft-a-lie-and-a-friendship-26147/ 3 Books https://notionpress.com/author/m_g_warrier M G Warrier M G Warrier is a retired central banker who worked as a general manager in the Reserve Bank of India office in Mumbai. Post-retirement, he has been regularly writing articles for The Global ANALYST, a monthly business and finance magazine. In 2014, he published his first book, Banking, Reforms & Corruption: Development Issues in 21st Century India. Before joining RBI, Warrier worked in the Employees Provident Fund Organization and AG's Office in Kerala. G A Wonderful conversation ๐Ÿ„ถ๐Ÿ„พ๐Ÿ„ป๐Ÿ„ณ๐Ÿ„ด๐Ÿ„ฝ ๐Ÿ…†๐Ÿ„พ๐Ÿ…๐Ÿ„ณ๐Ÿ…‚ ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ ๐˜ผ ๐™ง๐™–๐™ง๐™š ๐™˜๐™ค๐™ฃ๐™ซ๐™š๐™ง๐™จ๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™—๐™š๐™ฉ๐™ฌ๐™š๐™š๐™ฃ ๐™๐™–๐™ข๐™ ๐™ง๐™ž๐™จ๐™๐™ฃ๐™– ๐™‹๐™–๐™ง๐™–๐™ข๐™–๐™๐™–๐™ฃ๐™จ๐™– & ๐™Ž๐™ฌ๐™–๐™ข๐™ž ๐™‘๐™ž๐™ซ๐™š๐™ ๐™–๐™ฃ๐™–๐™ฃ๐™™๐™–. ๐™๐™š๐™–๐™™ ๐™ž๐™ฉ ๐™ก๐™ค๐™ช๐™™ ๐™ฉ๐™ค ๐™›๐™–๐™ข๐™ž๐™ก๐™ฎ, ๐™ž๐™ฉ'๐™จ ๐™ค๐™ฃ๐™š ๐™ค๐™› ๐™ฉ๐™๐™š ๐™—๐™š๐™จ๐™ฉ ๐™ข๐™š๐™จ๐™จ๐™–๐™œ๐™š ๐™„ ๐™๐™–๐™ซ๐™š ๐™˜๐™ค๐™ข๐™š ๐™–๐™˜๐™ง๐™ค๐™จ๐™จ... 1) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐ : ๐™ธ ๐šŒ๐šŠ๐š—’๐š ๐š๐š’๐š—๐š ๐š๐š›๐šŽ๐šŽ ๐š๐š’๐š–๐šŽ. ๐™ป๐š’๐š๐šŽ ๐š‘๐šŠ๐šœ ๐š‹๐šŽ๐šŒ๐š˜๐š–๐šŽ ๐š‘๐šŽ๐šŒ๐š๐š’๐šŒ. ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ : ๐™ฐ๐šŒ๐š๐š’๐šŸ๐š’๐š๐šข ๐š๐šŽ๐š๐šœ ๐šข๐š˜๐šž ๐š‹๐šž๐šœ๐šข. ๐™ฑ๐šž๐š ๐š™๐š›๐š˜๐š๐šž๐šŒ๐š๐š’๐šŸ๐š’๐š๐šข ๐š๐šŽ๐š๐šœ ๐šข๐š˜๐šž ๐š๐š›๐šŽ๐šŽ. 2) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐š†๐š‘๐šข ๐š‘๐šŠ๐šœ ๐š•๐š’๐š๐šŽ ๐š‹๐šŽ๐šŒ๐š˜๐š–๐šŽ ๐šŒ๐š˜๐š–๐š™๐š•๐š’๐šŒ๐šŠ๐š๐šŽ๐š ๐š—๐š˜๐š ? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ : ๐š‚๐š๐š˜๐š™ ๐šŠ๐š—๐šŠ๐š•๐šข๐šฃ๐š’๐š—๐š ๐š•๐š’๐š๐šŽ... ๐™ธ๐š ๐š–๐šŠ๐š”๐šŽ๐šœ ๐š’๐š ๐šŒ๐š˜๐š–๐š™๐š•๐š’๐šŒ๐šŠ๐š๐šŽ๐š. ๐™น๐šž๐šœ๐š ๐š•๐š’๐šŸ๐šŽ ๐š’๐š. 3) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐š†๐š‘๐šข ๐šŠ๐š›๐šŽ ๐š ๐šŽ ๐š๐š‘๐šŽ๐š— ๐šŒ๐š˜๐š—๐šœ๐š๐šŠ๐š—๐š๐š•๐šข ๐šž๐š—๐š‘๐šŠ๐š™๐š™๐šข? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌa : ๐š†๐š˜๐š›๐š›๐šข๐š’๐š—๐š ๐š‘๐šŠ๐šœ ๐š‹๐šŽ๐šŒ๐š˜๐š–๐šŽ ๐šข๐š˜๐šž๐š› ๐š‘๐šŠ๐š‹๐š’๐š. ๐šƒ๐š‘๐šŠ๐š’๐šœ ๐š ๐š‘๐šข ๐šข๐š˜๐šž ๐šŠ๐š›๐šŽ ๐š—๐š˜๐š ๐š‘๐šŠ๐š™๐š™๐šข. 4) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐š†๐š‘๐šข ๐š๐š˜ ๐š๐š˜๐š˜๐š ๐š™๐šŽ๐š˜๐š™๐š•๐šŽ ๐šŠ๐š•๐š ๐šŠ๐šข๐šœ ๐šœ๐šž๐š๐š๐šŽ๐š›? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌa : ๐™ณ๐š’๐šŠ๐š–๐š˜๐š—๐š ๐šŒ๐šŠ๐š—๐š—๐š˜๐š ๐š‹๐šŽ ๐š™๐š˜๐š•๐š’๐šœ๐š‘๐šŽ๐š ๐š ๐š’๐š๐š‘๐š˜๐šž๐š ๐š๐š›๐š’๐šŒ๐š๐š’๐š˜๐š—. ๐™ถ๐š˜๐š•๐š ๐šŒ๐šŠ๐š—๐š—๐š˜๐š ๐š‹๐šŽ ๐š™๐šž๐š›๐š’๐š๐š’๐šŽ๐š ๐š ๐š’๐š๐š‘๐š˜๐šž๐š ๐š๐š’๐š›๐šŽ. ๐™ถ๐š˜๐š˜๐š ๐š™๐šŽ๐š˜๐š™๐š•๐šŽ ๐š๐š˜ ๐š๐š‘๐š›๐š˜๐šž๐š๐š‘ ๐š๐š›๐š’๐šŠ๐š•๐šœ, ๐š‹๐šž๐š ๐š๐š˜๐š—’๐š ๐šœ๐šž๐š๐š๐šŽ๐š›. ๐š†๐š’๐š๐š‘ ๐š๐š‘๐šŠ๐š ๐šŽ๐šก๐š™๐šŽ๐š›๐š’๐šŽ๐š—๐šŒ๐šŽ ๐š๐š‘๐šŽ๐š’๐š› ๐š•๐š’๐š๐šŽ ๐š‹๐šŽ๐šŒ๐š˜๐š–๐šŽ๐šœ ๐š‹๐šŽ๐š๐š๐šŽ๐š›, ๐š—๐š˜๐š ๐š‹๐š’๐š๐š๐šŽ๐š›. 5) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐šˆ๐š˜๐šž ๐š–๐šŽ๐šŠ๐š— ๐š๐š˜ ๐šœ๐šŠ๐šข ๐šœ๐šž๐šŒ๐š‘ ๐šŽ๐šก๐š™๐šŽ๐š›๐š’๐šŽ๐š—๐šŒ๐šŽ ๐š’๐šœ ๐šž๐šœ๐šŽ๐š๐šž๐š•? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ : ๐šˆ๐šŽ๐šœ. ๐™ธ๐š— ๐šŽ๐šŸ๐šŽ๐š›๐šข ๐š๐šŽ๐š›๐š–, ๐™ด๐šก๐š™๐šŽ๐š›๐š’๐šŽ๐š—๐šŒ๐šŽ ๐š’๐šœ ๐šŠ ๐š‘๐šŠ๐š›๐š ๐š๐šŽ๐šŠ๐šŒ๐š‘๐šŽ๐š›. That ๐š๐š’๐šŸ๐šŽ๐šœ ๐š๐š‘๐šŽ ๐š๐šŽ๐šœ๐š ๐š๐š’๐š›๐šœ๐š ๐šŠ๐š—๐š ๐š๐š‘๐šŽ ๐š•๐šŽ๐šœ๐šœ๐š˜๐š—๐šœ ๐š•๐šŠ๐š๐šŽ๐š›. 6) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐™ฑ๐šŽ๐šŒ๐šŠ๐šž๐šœ๐šŽ ๐š˜๐š ๐šœ๐š˜ ๐š–๐šŠ๐š—๐šข ๐š™๐š›๐š˜๐š‹๐š•๐šŽ๐š–๐šœ, ๐š ๐šŽ ๐š๐š˜๐š—’๐š ๐š”๐š—๐š˜๐š  ๐š ๐š‘๐šŽ๐š›๐šŽ ๐š ๐šŽ ๐šŠ๐š›๐šŽ ๐š‘๐šŽ๐šŠ๐š๐š’๐š—๐š… ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ : ๐™ธ๐š ๐šข๐š˜๐šž ๐š•๐š˜๐š˜๐š” ๐š˜๐šž๐š๐šœ๐š’๐š๐šŽ ๐šข๐š˜๐šž ๐š ๐š’๐š•๐š• ๐š—๐š˜๐š ๐š”๐š—๐š˜๐š  ๐š ๐š‘๐šŽ๐š›๐šŽ ๐šข๐š˜๐šž ๐šŠ๐š›๐šŽ ๐š‘๐šŽ๐šŠ๐š๐š’๐š—๐š. ๐™ป๐š˜๐š˜๐š” ๐š’๐š—๐šœ๐š’๐š๐šŽ. ๐™ด๐šข๐šŽ๐šœ ๐š™๐š›๐š˜๐šŸ๐š’๐š๐šŽ ๐šœ๐š’๐š๐š‘๐š. ๐™ท๐šŽ๐šŠ๐š›๐š ๐š™๐š›๐š˜๐šŸ๐š’๐š๐šŽ๐šœ ๐š๐š‘๐šŽ ๐š ๐šŠ๐šข. 7) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐ : ๐™ณ๐š˜๐šŽ๐šœ ๐š๐šŠ๐š’๐š•๐šž๐š›๐šŽ ๐š‘๐šž๐š›๐š ๐š–๐š˜๐š›๐šŽ ๐š๐š‘๐šŠ๐š— ๐š–๐š˜๐šŸ๐š’๐š—๐š ๐š’๐š— ๐š๐š‘๐šŽ ๐š›๐š’๐š๐š‘๐š ๐š๐š’๐š›๐šŽ๐šŒ๐š๐š’๐š˜๐š—? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌa : ๐š‚๐šž๐šŒ๐šŒ๐šŽ๐šœ๐šœ ๐š’๐šœ ๐šŠ ๐š–๐šŽ๐šŠ๐šœ๐šž๐š›๐šŽ ๐šŠ๐šœ ๐š๐šŽ๐šŒ๐š’๐š๐šŽ๐š ๐š‹๐šข ๐š˜๐š๐š‘๐šŽ๐š›๐šœ. ๐š‚๐šŠ๐š๐š’๐šœ๐š๐šŠ๐šŒ๐š๐š’๐š˜๐š— ๐š’๐šœ ๐šŠ ๐š–๐šŽ๐šŠ๐šœ๐šž๐š›๐šŽ ๐šŠ๐šœ ๐š๐šŽ๐šŒ๐š’๐š๐šŽ๐š ๐š‹๐šข ๐šข๐š˜๐šž. 8) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐™ธ๐š— ๐š๐š˜๐šž๐š๐š‘ ๐š๐š’๐š–๐šŽ๐šœ, ๐š‘๐š˜๐š  ๐š๐š˜ ๐šข๐š˜๐šž ๐šœ๐š๐šŠ๐šข ๐š–๐š˜๐š๐š’๐šŸ๐šŠ๐š๐šŽ๐š? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌa : ๐™ฐ๐š•๐š ๐šŠ๐šข๐šœ ๐š•๐š˜๐š˜๐š” ๐šŠ๐š ๐š‘๐š˜๐š  ๐š๐šŠ๐š› ๐šข๐š˜๐šž ๐š‘๐šŠ๐šŸ๐šŽ ๐šŒ๐š˜๐š–๐šŽ ๐š›๐šŠ๐š๐š‘๐šŽ๐š› ๐š๐š‘๐šŠ๐š— ๐š‘๐š˜๐š  ๐š๐šŠ๐š› ๐šข๐š˜๐šž ๐š‘๐šŠ๐šŸ๐šŽ ๐š๐š˜ ๐š๐š˜. ๐™ฐ๐š•๐š ๐šŠ๐šข๐šœ ๐šŒ๐š˜๐šž๐š—๐š ๐šข๐š˜๐šž๐š› ๐š‹๐š•๐šŽ๐šœ๐šœ๐š’๐š—๐š, ๐š—๐š˜๐š ๐š ๐š‘๐šŠ๐š ๐šข๐š˜๐šž ๐šŠ๐š›๐šŽ ๐š–๐š’๐šœ๐šœ๐š’๐š—๐š. 9) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐ : ๐š†๐š‘๐šŠ๐š ๐šœ๐šž๐š›๐š™๐š›๐š’๐šœ๐šŽ๐šœ ๐šข๐š˜๐šž ๐šŠ๐š‹๐š˜๐šž๐š ๐š™๐šŽ๐š˜๐š™๐š•๐šŽ? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌa : ๐š†๐š‘๐šŽ๐š— ๐š๐š‘๐šŽ๐šข ๐šœ๐šž๐š๐š๐šŽ๐š› ๐š๐š‘๐šŽ๐šข ๐šŠ๐šœ๐š”, "W๐š‘๐šข ๐š–๐šŽ?" ๐š†๐š‘๐šŽ๐š— ๐š๐š‘๐šŽ๐šข ๐š™๐š›๐š˜๐šœ๐š™๐šŽ๐š›, ๐š๐š‘๐šŽ๐šข ๐š—๐šŽ๐šŸ๐šŽ๐š› ๐šŠ๐šœ๐š” "๐š†๐š‘๐šข ๐š–๐šŽ?" 10) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐a : ๐™ท๐š˜๐š  ๐šŒ๐šŠ๐š— ๐™ธ ๐š๐šŽ๐š ๐š๐š‘๐šŽ ๐š‹๐šŽ๐šœ๐š ๐š˜๐šž๐š ๐š˜๐š ๐š•๐š’๐š๐šŽ? ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ :- ๐™ต๐šŠ๐šŒ๐šŽ ๐šข๐š˜๐šž๐š› ๐š™๐šŠ๐šœ๐š ๐š ๐š’๐š๐š‘๐š˜๐šž๐š ๐š›๐šŽ๐š๐š›๐šŽ๐š. ๐™ท๐šŠ๐š—๐š๐š•๐šŽ ๐šข๐š˜๐šž๐š› ๐š™๐š›๐šŽ๐šœ๐šŽ๐š—๐š ๐š ๐š’๐š๐š‘ ๐šŒ๐š˜๐š—๐š๐š’๐š๐šŽ๐š—๐šŒ๐šŽ. ๐™ฟ๐š›๐šŽ๐š™๐šŠ๐š›๐šŽ ๐š๐š˜๐š› ๐š๐š‘๐šŽ ๐š๐šž๐š๐šž๐š›๐šŽ ๐š ๐š’๐š๐š‘๐š˜๐šž๐š ๐š๐šŽ๐šŠ๐š›. 11) ๐’๐ฐ๐š๐ฆ๐ข ๐•๐ข๐ฏ๐ž๐ค๐š๐ง๐š๐ง๐ :- ๐™พ๐š—๐šŽ ๐š•๐šŠ๐šœ๐š ๐šš๐šž๐šŽ๐šœ๐š๐š’๐š˜๐š—. ๐š‚๐š˜๐š–๐šŽ๐š๐š’๐š–๐šŽ๐šœ ๐™ธ ๐š๐šŽ๐šŽ๐š• ๐š–๐šข ๐š™๐š›๐šŠ๐šข๐šŽ๐š›๐šœ ๐šŠ๐š›๐šŽ ๐š—๐š˜๐š ๐šŠ๐š—๐šœ๐š ๐šŽ๐š›๐šŽ๐š. ๐‘๐š๐ฆ๐ค๐ซ๐ข๐ฌ๐ก๐ง๐š ๐๐š๐ซ๐š๐ฆ๐ก๐š๐ง๐ฌ :- ๐šƒ๐š‘๐šŽ๐š›๐šŽ ๐šŠ๐š›๐šŽ ๐š—๐š˜ ๐šž๐š—๐šŠ๐š—๐šœ๐š ๐šŽ๐š›๐šŽ๐š ๐š™๐š›๐šŠ๐šข๐šŽ๐š›๐šœ. ๐™บ๐šŽ๐šŽ๐š™ ๐š๐š‘๐šŽ ๐š๐šŠ๐š’๐š๐š‘ ๐šŠ๐š—๐š ๐š๐š›๐š˜๐š™ ๐š๐š‘๐šŽ ๐š๐šŽ๐šŠ๐š›. ๐™ป๐š’๐š๐šŽ ๐š’๐šœ ๐šŠ ๐š–๐šข๐šœ๐š๐šŽ๐š›๐šข ๐š๐š˜ ๐šœ๐š˜๐š•๐šŸ๐šŽ, ๐š—๐š˜๐š ๐šŠ ๐š™๐š›๐š˜๐š‹๐š•๐šŽ๐š– ๐š๐š˜ ๐š›๐šŽ๐šœ๐š˜๐š•๐šŸ๐šŽ. ๐šƒ๐š›๐šž๐šœ๐š ๐š–๐šŽ. ๐™ป๐š’๐š๐šŽ ๐š’๐šœ ๐š ๐š˜๐š—๐š๐šŽ๐š›๐š๐šž๐š• ๐š’๐š ๐šข๐š˜๐šž ๐š”๐š—๐š˜๐š  ๐š‘๐š˜๐š  ๐š๐š˜ ๐š•๐š’๐šŸ๐šŽ. ๐š‚๐š๐šŠ๐šข ๐™ท๐šŠ๐š™๐š™๐šข ๐™ฐ๐š•๐š ๐šŠ๐šข๐šœ !!!๐Ÿ™๐ŸŒน Know More : https://metrosaga.com/conversation-between-vivekananda-and-ramakrishna/ H Continued from D Nhttps://www.centreofthecell.org/blog/science-questions/are-bulls-enraged-by-the-colour-red/#:~:text=The%20colour%20red%20is%20commonly,blind%20to%20the%20colour%20redorthcote Parkinson pronounced his profound law that ‘Work expands so as to fill the time available for its completion’.Parkinson established that economic laws could also be stated in a language couched in humour. I must now get back to Parkinson’s Law about how work expands so as to fill the time available for its completion. This law makes me more contemplative than all the Vedas and Upanishads put together. The more I think about it, the more I am overawed by its universal applicability! Somebody lamented how the ever increasing availability of consumer goods in the market had left us wanting more. This is in reality a derivative of Parkinson’s Law. All the medicines required were kept stored in the doctor's clinic as raw materials and it was the compounder's job to mix them as prescribed by the Doctor. The Doctor prescribed a combination of powders and liquids. He had a penchant for prescribing carbonate mixtures for most of the ailments as he strongly believed that most of the illnesses arose out of a bad stomach. The mixtures were dispensed in flat bottles. Most of our illnesses were cured within a maximum of 5 days through these mixtures which had absolutely no toxic effect. We attributed this to the curative powers (Kairaasi) of the Doctor than the medicines! Branded medicines were unknown then. Then started an invasion of penicillin and other antibiotics. With that, the number of diseases also increased in geometric progression. These medicines created more diseases! A medical shop is not considered good unless it has at least a hundred thousand branded medicines. Thus we see the relevance of Parkinson’s Law here too! Diseases multiply to match the availability of medicines in the market! What Parkinson stated perhaps playfully has now reached the profound status. Parkinsons laws have relevance to almost every aspect of domestic life…the one about Expenditure rising to meet the income?…I never tire of hearing my father talk about just living off his salary in the sixties and the more than comfortable life that he leads now.. And this one is SO true of people always acting important and blowing their own trumpet… "The man who is denied the opportunity of taking decisions of importance begins to regard as important the decisions he is allowed to take." Corollaries for this law are many : clutter and space, data and storage, expenses and income, yes it is universally applicable. Lord Keynes had probably looked down upon Parkinson with supreme contempt, because as far as his credentials went, notwithstanding the laws attributed to him, he was a mere British naval historian with a penchant for public administration. It was this latter trait in him that led to the law you quote amongst others. Economists felt it more convenient to state the law in the following form: x = (2k^m + p)/n, where k is the number of staff seeking promotion through the appointment of subordinates; p represents the difference between the ages of appointment and retirement; m is the number of man-hours devoted to answering minutes within the department; and n is the number of effective units being administered. Then x will be the number of new staff required each year. (The notation "^" stands for "raised to the power".) The scary formula is found in the issue of the Economist (1955). And once I found it, the tears that I had carried with me dried up instantly and I began to smile, imagining of course that I have finally succeeded in fulfilling the task most economists dream of, viz. wiping out the smile from human faces forever. As a homemaker, innocent/ignorant of Economics , I am only acutely aware of the veracity of the fact that Work Expands to fill the Time Available ; (and most of the time, it overgrows to spill over available time too !) Sigh ! And the Husband, poor man, will attest to the fact that Expenditure Expands to Consume Available Income ( and still demand more). Gadgets meant to lessen work induce more work; energy- saving bulbs actually lead us to consume more energy because we tend to use them more as they consume less......dear me ! I guess neither Parkinson, nor Amartya Sen can really find a pithy " Law" or "Principle" to describe the muddles and conundrums a homemaker gets into these days. Now, whether we have all those dreaded diseases or not, one just has to go and show one's face at the consulting room to be immediately hauled off and run through a series of evil looking contraptions just to RULE OUT that one doesn't have half a dozen diseases that came from half a dozen countries ! So you see, here too the venerable Parkinson pokes his nose : The Number Of Patients Needing ECG, MRI , CT scans,PET Imaging etc Always Swells to fill up Available Machines ! Lesser the demand for time, the work expands and higher the demand for time, the work contracts automatically. on seeing Shri Subbaraman's beautiful verses frequently ,I also wanted to try my hand. Result is this. There were no scanning devices then. We were left to rely upon only x-rays. But those are the glorious days when We were believing others and His grace. Then came those 'wonderful' medicines That were hitherto unknown to us. Then came the huge marketing machines Which quickly forced them upon us. Along with it came a lot of stories Which we believed without checking. But none of them listed the scary Ill effects such things were bringing. Now we don't go to a MBBS at all. Instead we prefer an M.D. And we are willing to be in thrall, Our pockets are soon emptied. Gone are all those good old days, When doctors believed in themselves And cared for each and every case. Poor folks, we end up in yelps! Vathsala Jayaraman

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