yaḥ - He who (Govinda); tu - but; indra-gopam - to the small red insect called indra-gopa; atha vā - or even; indram - to Indra, King of heaven; aho - oh; sva-karma - of one's own fruitive activities; bandha - bondage; anurūpa - according to; phala - of reactions; bhājanam - enjoying or suffering; ātanoti - bestows; karmāṇi - all fruitive activities and their reactions; nirdahati - destroys; kintu - but; ca - certainly; bhakti-bhājām - of persons engaged in devotional service; govindam - unto Lord Govinda; ādi-puruṣam - the original person; tam - unto Him; aham - I; bhajāmi - offer my obeisances.

“ ‘Let me offer my respectful obeisances unto the original Personality of Godhead, Govinda, who regulates the sufferings and enjoyments due to fruitive activity. He does this for everyone — from the heavenly King Indra down to the smallest insect [indra-gopa]. That very Personality of Godhead destroys the karmic reactions of one engaged in devotional service.’