This glorious Bhāgavatam is the spotless Purāṇa, and therefore dear to the Vaiṣṇavas. It as well describes pure jṣāna beneficial even for paramahaṁsas. This Bhāgavatam rejects the process of karma and is endowed with the processes of jṣāna, vairāgya and bhakti. Anyone who contemplates Śrīmad-Bhāgavatam and who properly hears and chants it with devotion becomes completely liberated. This verse explains Bhāgavatam’s supreme position. This Purāṇa alone is endowed with all glory (śrīmat), since it does not have contamination arising from the three guṇas (amalam). Because of this it is dear to the devotees. This shows the excellence of its bhakti. Even those who are greedy to attain jṣāna arising from bhakti, those who have attained jṣāna and those who are ātmārāmas should take shelter of this work. Pāramahaṁsyam means “beneficial for paramahaṁsas. In this Bhāgavatam, knowledge beneficial for paramahaṁsas, the best (param) knowledge, since it arises from bhakti, is explained. Those who are practicing jṣāna should hear this work. It is completely without karma (naiṣkarmyam).