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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

Bhagwat bats for culture over politics

Mohan Bhagwat, Sarsanghchalak, RSS during the lecture on the occasion of the centenary year of RSS at Nehru Centre Auditorium in Worli on Saturday. | Pic Bhushan Koyande Mumbai: On the centenary of the Rashtriya Swayamsevak Sangh its present (6 th ) Sarsanghchalak Dr. Mohan Madhukar Bhagwat termed the RSS as a civilizational movement dedicated to serving humanity, cultural unity and social organization rather than power, protest or politics. Addressing a centennial lecture series before a...

Bhagwat bats for culture over politics

Mohan Bhagwat, Sarsanghchalak, RSS during the lecture on the occasion of the centenary year of RSS at Nehru Centre Auditorium in Worli on Saturday. | Pic Bhushan Koyande Mumbai: On the centenary of the Rashtriya Swayamsevak Sangh its present (6 th ) Sarsanghchalak Dr. Mohan Madhukar Bhagwat termed the RSS as a civilizational movement dedicated to serving humanity, cultural unity and social organization rather than power, protest or politics. Addressing a centennial lecture series before a packed audience, the 75-year-old said that RSS runs more than 1.3 lakhs service activities all over the country encompassing education, healthcare, disaster relief and social welfare without accepting any kind of government funding. “We sustain these activities with the personal contributions of Swayamsevaks and the co-operation of society. The RSS had decided beforehand that apart from organizing the entire society, it has no other task. That work which facilitates the completion of all other good works and fulfils all noble goals, that work is the Sangh’s mission,” Dr. Bhagwat declared. This narrow but decisive role of the RSS from its inception in 1925, and the organisational works enable the fulfilment of every other national and social objective, and its self-driven social responsibility, he added. Rubbishing the notion that RSS was born as an ‘opposition to any group of ideology’, Dr. Bhagwat pointed out that the RSS did not emerge as a reaction, a protest platform, a publicity vehicle or to bid for power, but was formed for the long-term betterment of the ‘rashtra’ with emphasis on cultural unity. The RSS was not "against anyone" and did not work as a reaction to any incident, Bhagwat said, adding that its focus was supporting and strengthening positive efforts underway in the country. The Sangh was also not a paramilitary force even though it conducts route marches, and though its volunteers wield the lathi, it should not be seen as an "akhada" (wrestling club), Bhagwat said. Nor is the RSS involved in politics though some individuals with the Sangh background are active in political life, he added. He acknowledged India’s diversity in languages, food habits, religious practices, deities, rituals and regional differences, but said all these co-exist within a shared cultural framework. “There is one identity that unites us all and we call it a Hindu. It’s a broader cultural and civilisational term and not religious…, Bharat is not just a geographical entity, but represents a cultural attitude.” reiterated Dr. Bhagwat. The Sarsanghchalak also referred to the prevailing interpretation of ‘secularism’ (‘Dharma-nirpekshata’) and said it implies ‘indifference to religion’ which does not represent the country’s civilizational reality. Instead, Dr. Bhagwat suggested ‘Panth-nirpekshata’ or equal respect for all faiths as a more accurate expression in the Indian context, as “Bharat is a nation rooted in dharma representing ethical duty, social harmony and moral order rather than religious dogma”. The RSS chief emphasised how national strength flows from social cohesion and not coercion as real unity cannot be imposed by law or force, but must arise out of mutual respect, shared values and collective discipline, with service being the most effective tool bridging society and ideology. Referring to RSS founder Keshav Baliram Hedgewar, Bhagwat described the difficult circumstances of his childhood including the death of both his parents due to the plague at age 13 and the financial hardship he suffered subsequently. Hedgewar actively participated in various movements during the freedom struggle, including the Vande Mataram agitation in his school days, Bhagwat said. When he cleared the matriculation examination with a first class, some people in Nagpur raised funds to send him to Calcutta (Kolkata) for medical education, where he came in contact with revolutionary groups, Bhagwat said. Recalling an anecdote from that period, Bhagwat said Hedgewar operated under the code name "Koken", inspired by the name of a person called Kokenchandra. Once a police team which had arrived to arrest Kokenchandra instead detained Hedgewar, an incident documented in a book by Rash Behari Bose, he said. Bollywood bows for #RSS100 Bollywood mega-star Salman Khan, along with film-maker Subhash Ghai, writer-poet Prashoon Joshi, singer Adnan Sami and actress Ashwini Bhave were among the dignitaries who attended the centenary celebrations of Rashtriya Swayamsevak Sangh (RSS). They attentively listened to RSS Sarsanghchalak Dr. Mohan M. Bhagwat as he enlightened the organisation’s 100 year long journey, its ethos, mottos and service to the nation without hankering for political power, at the Nehru Centre. As Khan arrived, there was quite a flutter with many people whipping out their mobiles to click photos or videos, but he was quickly whisked in by the security personnel.

How wealth creation is beyond chasing returns

When we talk about personal finance and investing, most conversations revolve around returns. How much did an investment make last year? Which asset is performing best right now? But seasoned investors know that wealth creation is not just about chasing returns. It is equally about understanding risks, especially the ones that quietly derail long-term financial goals.


Whenever you invest in any product or asset class, there are three important risks you must analyse before committing your money.


The Risk of Temporary Volatility

The first and most visible risk is temporary volatility. This refers to short-term fluctuations in the value of an investment. Assets like equities, equity mutual funds, gold, and real estate can move up and down over short periods. Prices may rise, fall, recover, and remain volatile for some time.


This volatility often creates anxiety because losses appear on paper, even though nothing permanent has happened. Importantly, temporary volatility does not mean the investment is bad. It simply reflects market cycles or short-term sentiment.


What investors must understand is that temporary volatility is largely outside their control. Reacting emotionally to these movements often leads to poor decisions, such as exiting good investments at the wrong time or losing out completely on eventual opportunity gains.


The Risk of Permanent Loss of Capital

The second risk is far more serious - the risk of permanent loss of capital. This occurs when there is a possibility that you may lose a part of your capital or, in extreme cases, the entire amount permanently.


Examples include speculative options buying, investing in junk stocks based on tips, or investing in real estate with questionable legal titles or assets that eventually find no buyers and become highly illiquid. In such cases, the money does not recover with time. Once lost, it is lost for good.


Before investing, it is critical to ask a simple question. Is there a scenario where my capital can be permanently destroyed? If the answer is yes, that investment demands far higher scrutiny and strong risk control.


The Risk of Not Beating Inflation

The third risk is extremely critical and most ignored - the risk of not beating inflation. Inflation quietly erodes purchasing power over time. If your investments do not grow faster than inflation, your wealth may increase in numbers but decline in real value.


Many so-called safe investments fail this test. While they may protect capital, they may not help you achieve long-term goals such as retirement, children's education, or financial freedom.


This risk is often ignored because it does not show up immediately. But over long periods, it can significantly reduce your probability of achieving financial goals.


Where Should Investors Focus?

Temporary volatility will always exist and should not be the primary concern. Instead, investors should focus on avoiding permanent loss of capital and ensuring their investments beat inflation over the long term.


Successful wealth creation is not about eliminating risk completely. It is about choosing the right risks and avoiding the wrong ones.


(The author is a Chartered Accountant and CFA (USA). Financial Advisor.  Views personal. He could be reached on 9833133605.)

 


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