Warrier's blog

Media Response The Hindu Business Line* Letters August 27, 2024 Unified Pension Scheme (UPS) This refers to your editorial "Sound compromise" (August 27). Centre deserves appreciation and congratulations for the timely rectification of an injustice meted out to a section of goverment employees who joined service after 2003. Timely, because all those who joined service after 2003 are still in service. One of the reasons for the hasty introduction of NPS was government's unpreparedness to initiate funding of the Old Pension System(OPS) which was being implemented on a "Pay As You Go" basis. In the process of implementation of NPS and under the new Unified Pension Scheme (UPS) this defect also has been thankfully rectified. Your worry about the extra burden on taxpayer is misplaced as any employer will be aware of the impact on C to C with every change in wage components and government will know how to adjust the overall wage bill consistent with ma...

Welcome To Warrier's COLLAGE On Monday August 26, 2024 A Welcome To Warrier's COLLAGE On Monday August 26, 2024 A https://www.businesstoday.in/personal-finance/investment/story/sovereign-gold-bonds-rbi-shares-dates-for-premature-redemption-of-30-sgbs-first-date-on-october-11-442827-2024-08-23 Being shared in common interest. I have no investment in SGB. This savings instrument has earned annualized returns of 10.94 % so far. Last tranche of SGB was issued in February 2024. Nice Day B Book on my table : The Forestborns By Vardhini Amin The author Vardhini is daughter of Vivek Amin, Ex-RBI. Amin and I were colleagues in RBI Nagpur towards the end of last Century. He remembered me when his daughter published this book and kindly gifted a copy of the book to me. The Forestborns https://amzn.in/d/7N8Y5El The magical world of Vriksha is unknown to humans. Each night in soft moonlight, from towering trees to the tiniest shrubs, lively plant souls roam free. Yet ...

Let's just argue https://m.economictimes.com/opinion/speaking-tree/lets-just-argue/articleshow/112719495.cms This is an interesting thought. The message is, there can be a different view. Many of us have rigid views on certain issues. Easiest examples are God and Politics. I'm sure, you are not going to agree with me, if I say "The atheist you are talking about may be a believer". That's because you have a rigid concept about God. Like one of the Ravi Varma paintings or the person nailed on a cross or whatever. Even in official meetings, my way of handling heated arguments was by allowing both sides to express their views and if there was no meeting point, go by the majority view, if it's consistent with natural justice and law of the land.

View & Counter View India's Economic Growth & 2047 https://www.businesstoday.in/india-at-100/story/indias-trajectory-broadly-positivethere-is-no-way-any-math-would-support-us-becoming-a-developed-economy-by-2047-says-ruchir-sharma-442333-2024-08-20 "India’s trajectory broadly positive...there is no way any math would support us becoming a developed economy by 2047" says Ruchir Sharma For a moment, forget the identities of Ruchir Sharma and Warrier. All goals are not set based on math. If you disagree, stop reading this and go to the next page. Targets and goals give us a reason to work harder or involve ourselves with more enthusiasm in our endeavours. 2047 is 22 years and some months away. The only reason we are talking about that year today is, something happened in 1947. Philosophy, Music and Mathematics go together. Economics is not there in the Trio. Back to the basic issue of where India will be in 2047. India will be much advanced by then, than today....

Welcome To Warrier's COLLAGE On Wednesday August 21, 2024 Good Morning 🌅 This midweek special edition is brought out this week as we could not cover all we wanted to include in the last issue. Nice Day M G Warrier M 134 A Top Central Banker Shaktikanta Das, Governor, RBI RBI Governor Shaktikanta Das ranked top central banker globally for second year in a row https://timesofindia.indiatimes.com/business/india-business/rbi-governor-shaktikanta-das-ranked-top-central-banker-globally-for-second-year-in-a-row/articleshow/112659508.cms Download the TOI app now: https://timesofindia.onelink.me/mjFd/toisupershare B The book on my table : RIP US$ 1971-202X By Shanmuganathan N RIP US$ 1971-202X My instinctive response when I read the first review of this book in the media was that I may not buy this book as its price is high. The impulsive response ended up in my son Kiran sending a copy of the book to me. I tried to explain that I didn't mean it was unaffor...

Warrier's COLLAGE On Sunday August 18, 2024 Good Morning 🌅 Happy Birthday to all readers having birthday during this week. Happy Malayalam New Year to those who are following Malayalam Calander (The New Year Kollavarsham 1200 started yesterday, Chingam 1). Happy Year ahead 🙏 Nice Day M G Warrier A Our National Flag : Nehru's Vision 🙏 https://mainstreamweekly.net/article14954.html B https://m.economictimes.com/opinion/speaking-tree/is-freedom-a-numen/articleshow/112532352.cms Synopsis The article explored the notion of freedom beyond physical independence, emphasizing mental and psychological liberation. It cited Buddha's teachings on achieving freedom in every moment and called for individual self-reflection on true liberty. It also underscored the universal spirit of seeing the world as one family for genuine freedom. C Media Response The Economic Times Chat Room* August 16, 2024 Retro Tax This refers to your brief editorial "We Dig F...

Welcome To Warrier's COLLAGE On Thursday August 15, 2024 Prayers 🙏 Good Morning & Happy Independence Day M G Warrier A Remembering... https://timesofindia.indiatimes.com/readersblog/warriersviews/independence-day-1957-at-krhs-purameri-24552/ I was 13 when 10th Anniversary of Independence Day was celebrated. In this short piece originally posted as a blog and recently included in my book "Open Book of Happy Memories"* (Pages 141-2), I am trying to recall the joy of celebrating the day. *Open Book of Happy Memories: ( and Other Stories ) https://amzn.in/d/8ihdW9o B Media Response Independence Day Thoughts* This refers to the report "Congress Plans Stir on August 22 Demanding JPC Probe Into Hindenburg Report "(Economic Times, August 14) In parliamentary democracy, opposition in legislature houses has a responsible role to play which is constitutionally recognised and assigned in countries which have accepted democratic system of go...

Welcome To Warrier's COLLAGE On Tuesday August 13, 2024 Prayers 🙏 Good Morning & Nice Day M G Warrier A Seer and the Seen https://m.economictimes.com/opinion/speaking-tree/the-seer-and-seen/articleshow/112475258.cms Synopsis The eye is seer. The form and colour, the seen. That, eye, is the seen and the mind is its seer. The witness alone is the Seer of thoughts in the mind and never the seen, according to Drig Drishya Viveka, verse 1. B Drig-drishya Viveka : Swami Sarvapriyananda https://youtu.be/8gowrWV2STw?si=2oRPQWeXKcmsEWhZ 🙏 M G Warrier

Welcome To Warrier's COLLAGE On Sunday August 11, 2024 Good Morning 🙏 M G Warrier Independence Day 2024 https://images.app.goo.gl/v7jCHAcNs1Xd15yc8 Happy Independence Day A Collage Editorial Is Monetary Policy Announcement a routine ritual? M G Warrier RBI watchers will agree that the central bank has come a long way from the days of "walking alone" laments from the Finance Minister and occasional spars between spokespersons of Finance Ministry and RBI about who's right and who's wrong. This doesn't mean that the fiscal and monetary policies are now in total harmony. So long as multiple pulls and pressures continue to haunt policy makers, dilemmas and 'trilemmas' will be often used to describe thought processes of policy makers. Still, overall perception about the Monetary Policy Committee(MPC) since inception has been that the policy making body, because of the professionalism weaved into its fabric, is a mature body and each of...

The Economic Times Chat Room August 5, 2024 RBI listens This refers to the article "Keep Ear Close to the Ground, RBI" (Economic Times, August 5). RBI watchers will agree that the central bank has come a long way from the days of "walking alone" laments from FM and occasional spars about who's right and who's wrong. This doesn't mean that the fiscal and monetary policies are now in total harmony. So long as multiple pulls and pressures continue to haunt policy makers, dilemmas and 'trilemmas' will be often used to describe thoughts of policy makers. Still, overall perception about MPC is that the policy making body because of the professionalism weaved in in its fabric, has become mature and each member is able to contribute to the three day deliberations in such a way that the end product on the third day is a near consensus view. Thus the fear of a division and casting vote has only a remote chance of happening. M G WARRIER M...

Carpe Diem https://m.economictimes.com/opinion/speaking-tree/carpe-diem-pluck-the-day-trusting-as-little-as-possible-in-the-next-one/articleshow/112269803.cms Synopsis This piece emphasized the importance of embracing each new day and seizing the opportunities it presents. Drawing from ancient wisdom, including a Mahabharat anecdote, the article underscored the pragmatic approach of acting now and not deferring to the future. The morning's fresh start serves as a metaphor for new beginnings.

Welcome To Warrier's COLLAGE On Sunday August 4, 2024 🙏 M G Warrier A Collage Snippets Fear Most of us live in fear. Some of us camouflage our fear in different ways. As a child I was afraid of my parents, teachers and some of my elders and neighbours. I was told if I was godfearing I need not be afraid of all others. I couldn't understand or put into practice this due to various circumstances. Slowly I came to know that those who are stronger didn't fear the weak. If you have the support of a stronger person, your fear of a third person who is weaker than the person supporting you gets reduced. I started adopting various strategies to feel stronger and more courageous. The strategies included improvise my own health, nurturing friendship with stronger people, being part of "dare devil" groups which later on graduated into joining strong organisations. Some of these strategies were expensive in the long term. Like, being active in trade unions ...