1. STRESS
REPO
AND
REVERSE REPO
DR.
SHRINIWAS
KASHALIKAR

2. Repo rates are the rates of interest a bank has to pay to
reserve bank, on the loan it takes from reserve bank.
Reverse repo rates are the rates of interest reserve bank
pays to the bank on the deposit kept by a bank in the
reserve bank.
In other words reserve bank increases repo and reverse
repo rates to encourage deposits and discourage
borrowing; by the banks; so that the cash flow to the
consumers is reduced.
Increase in repo and reverse repo rates is thus aimed at
reducing the buying capacity, reducing the demand and
thereby bringing down the prices. The increase in repo
rates would is expected to increase in the rates of
interests on the loans given by the banks, reduction in
cash flow, reduction, reduction in the demand and thus
reduction in the prices i.e. inflation.
Reduced returns on the production; is expected to
stimulate the production so as to maintain returns; and
catalyze growth!

3. Can rate of inflation come down and rate of growth be
increased in this way?
By increasing repo and reverse repo; government is
further reducing the little white money available to
majority of us (urban and rural lower and middle class)
and we are being throttled, suffocated by restricting our
buying of essential commodities. The producers of
essential commodities suffer because; majority of them
are also lower or middle class “consumers of essential
commodities, which they do not produce and can not
buy. The buyers and producers of the essential
commodities such as agricultural products, bicycles,
clothes etc. suffer in this way and the rate of production
and hence the growth of all transactions of essential
commodities; precipitously comes down.
But the rate of growth as documented in government files
is not affected adversely because; the GDP is hardly
reflected in the figures of industrial growth; because of
the increasing production of the unnecessary and
unaffordable (to majority of us) products, increasing
unproductive, deceptive, wasteful and sickening
marketing gimmicks; and increasing the sale of these
products by owners of black money.

4. Even as the rural and urban lower and middle class
(majority of us) gets crushed in this way; the black
money is freely flowing and hence those who have it; buy
essential commodities at very high price (even if their
production is reduced) and make life difficult for the
urban and rural middle class and farmers (majority of
us); who can not afford the high prices of essential
commodities and inflation of essential commodities also
continues.
The suffocation of urban and rural lower and middle
class (i.e. majority of us) by increasing repo and reverse
reop rates and restricting the white cash flow; reduces
productive capacity and buying capacity (of majority of
us) with respect to essential commodities; while abundant
black money of few; continues to cause inflation of every
product and morbid growth of luxurious and harmful
products.
Increasing repo and reverse repo is beating around the
bush. We have to comprehend the global nature of the
problem of inflation, growth and progress; and act
accordingly at global and individual levels.

5. World politics; in as much as our personal lives; ought to
be; the expression of cosmic consciousness. This can be
so, by interacting heart to heart and evolving and
crystallizing the pragmatic aspects of policies, plans,
programs and their implementation for individual and
global blossoming.
At present this is happening, but in a rather imperfect,
immature, inaccurate, insufficient, inadequate and
ineffective manner. Primarily, this imperfection is that of
perspective, conceptualization, conviction and actual
experience or realization.
The billions of different needs, wants, likes, dislikes,
virtues, vices, actions, interactions, contradictions,
dialogues, hopes and despairs; of billions of living beings
of different species, ages, geographical, political, social,
economic, cultural and historical backgrounds; still have
a common aspiration for individual and global
blossoming, which is; voluntary or involuntary and
conscious or subconscious! More explicit and evolved
manifestation of this aspiration would be and/or should
be evident in;

6. 1. Redefinition of holistic health as “Optimal intellectual,
emotional, instinctual and physical actions in one’s fields/
s to promote individual and global blossoming
2. Practice and promotion of Holistic Medicine; i.e. the
art, science and skills of employing everything effective;
in regaining and promoting HOLISTIC HEALTH, as an
essential and inseparable core of mainstream Medical
Education, Teaching, Practice and Research
3. Holistic Education; with “earn and learn”, “produce
and progress”, “assessment of the skills by actual
practice and demonstration and passing without written
examinations; with emphasis on spiritual and productive
domain; in addition to affective, cognitive, psychomotor
domains; and research and teaching in different fields
conducive to holistic health
4. Incorporation of educational, industrial, and
agricultural and research activities conducive to holistic
health (re-integration with mainstream life) in the
temples and places of worship

7. 5. Inclusion of hymns and prayers of different religions
and regions, Sanskrit, enlightened saints, seers and other
reformers from different religions in all the curriculums
6. Evolution of laws devoid of vindictiveness and
conducive to holistic health (For example a) the persons
soiling the public property would me made to clean the
same, b) a corrupt person would be made to work double
the duty hours, without salary, c) people involved in
misleading advertisements would be made to participate
in production, research, training and practice of holistic
health and medicine, at no profit and d) The production
of bicycles and vehicles of mass transport being echo-
friendly would have minimum or no tax) e) Deterrent
punishment and/or discouragement of slaughtering of
animals for eating
These and such other measures can be conceived and
implemented through heart to heart. Heart to heart
dialogue becomes increasingly productive by becoming
more and more objective and free of prejudice. For this
Universal Practice and Promotion of NAMASMARAN
i.e. remembering one’s true self (about whom we are
usually oblivious), right from now; is essential and
urgent.

8. NAMASMARAN has benevolent and emancipating
impact on us and others. Billions of us are actually
engaged in it even now; without using this terminology
and billions more can be visualized to practice and
promote it, and engender (the inevitable) individual and
global blossoming. Where is the proof? Unprecedented
events have no proofs. They just happen!