What is the writing on the attached image?

Mon Feb 14 00:48:32 UTC 2011

I have attached an image of the Indian postal stamp showing the picture of Pāṇini.  Does the vertical writing to the left of Pāṇini mean anything?  

Madhav

Madhav M. Deshpande
Professor of Sanskrit and Linguistics
Department of Asian Languages and Cultures
202 South Thayer Street, Suite 6111
The University of Michigan
Ann Arbor, Michigan 48104-1608, USA
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