Warrier's Collage on Wednesday September 11, 2024
Welcome To
Warrier's
COLLAGE
On
Wednesday, September 11, 2024
Good Morning
Next regular issue of Collage will be on September 22, 2024.
Nice Day
🙏
M G Warrier
A
Media Response
Letters
September 10, 2024
UPS and EPF
This refers to the article "Do we need to go beyond EPF" (The Hindu Business Line, September 10). The answer is an emphatic yes. We note with comfort the efforts by government and institutions like LIC and PFRDA to make retirement planning customer friendly by introducing savings products tailored to suit different segments of end-users. Introduction of NPS for minors is a step in the right direction.
Moving forward, government can think of encashing the trust of the public in the government and quasi-government savings instruments to mainstream idle assets like gold stock and idle cash into regular savings accessible for investors on a need based basis. This could be achieved by :
1) Encouraging investment in regular pension plans for family members who are not in pensionable jobs.
2) Allowing monetization of deposits in gold-linked investments and long term bank deposits into regular pension schemes.
Needless to say, the system overhaul will have to take into account the deficiencies pointed out in this article by ensuring provision of professional management of new schemes and use of user-friendly technology.
M G Warrier
Mumbai
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ONAM 2024
Onam 2024: Know Date, History, Significance of Kerala’s Biggest Festival
https://timesofindia.indiatimes.com/life-style/soul-search/onam-2024-know-date-history-significance-of-keralas-biggest-festival/articleshow/113118920.cms
Download the TOI app now:
https://timesofindia.onelink.me/mjFd/toisupershare
TIMES OF INDIA: Onam is the celebration of the return of King Mahabali, a beloved ruler who was pushed into the netherworld by Lord Vishnu but was granted the wish to return to his people once in a year, now celebrated as the festival of Onam.
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Collage Books 📚
Kautilya's Arthashastra
The Kautiliya Arthasastra: 3 Vol - Vol 1 In Sanskrit, Vol 2 And 3 In English: 3 Volumes - Volume 1 in Sanskrit, Volumes 2 and 3 in English: Pt. 1-3 https://amzn.in/d/0773S0h
I have picked up Volume III of Kautilya's Arthashastra for random reading this week.
Book overview
Reading books is a kind of enjoyment. Reading books is a good habit. We bring you a different kinds of books. You can carry this book where ever you want. It is easy to carry. It can be an ideal gift to yourself and to your loved ones. Care instruction keep away from fire.
I procured 3 volumes of this book during the last Century using RBI''s book grant. Then total price was 1200 against the present 2750. My boss felt the book had nothing to do with Economics or Banking and was in two minds about reimbursement. Wiser counsel prevailed.
Books like this helps me get sound sleep.
D
From here and there
1) Old School
Bad Time Management Advice
https://www.moneycontrol.com/technology/parents-should-walk-the-talk-cant-watch-movies-and-ask-children-to-study-says-infosys-founder-narayana-murthy-article-12818086.html
2) Look around
https://www.dnaindia.com/business/report-meet-man-india-s-richest-beggar-who-owns-two-flats-in-mumbai-has-net-worth-of-3106776
3) Anniversary
September 11 attack
https://www.britannica.com/event/September-11-attacks
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Current Affairs
Understanding Rahul Gandhi
The Economic Times
Chat Room
September 10, 2024
Understanding Rahul Gandhi
This refers to the report "Rahul Targets PM in US, Says Modi 'Fear' Gone After Polls" (Economic Times, September 10). This Texas musings by India's Opposition Leader will have a longer shelf life in the mainstream media for all good reasons. His honesty, integrity and innocence when he introspected and confessed the following have been ignored by the sensation thirsty media, today. He said :
"Love to all human beings, not necessarily only people of one religion, one community, one caste, one state, or to those who speak one language. Respect to everybody who is trying to build India, not just the most powerful, but the weakest, and humility, not in others, but in oneself. I think that is how I see my own role."
If he retains this transformed perspective when he returns to India, the role of opposition across legislative houses in India will change for the better. Let's hope his own party and the media will play a proactive role in helping him out of the "Modi fear" and putting into practice his Texas statement.
M G WARRIER
Mumbai
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