मतजनहलात् करणजल्पकर्षेषु

Operational rule vidhi

The affix यत् comes after words 1. मत 2. जन and 3. हल in the senses respectively of 1. 'means 2. 'gossip' and 3. 'drawing', the words being in the Genitive -6th-Case in construction.

Word by word (padaccheda)

Left context मत- जन- हलात् pañcamī · ekavacanaRight context - जल्प- कर्षेषु saptamī · bahuvacana

Left context Pañcamī (5th case): "after X", the operation applies to what follows (1.1.67 तस्मादित्युत्तरस्य). Also used for limits and sources.
Right context Saptamī (7th case): "when X follows", the operation applies to what precedes (1.1.66 तस्मिन्निति निर्दिष्टे पूर्वस्य). Also a condition or domain ("in the sense of").

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Full reading

मत-जन-हलात् -जल्प-कर्षेषु

Pāṇini leaves out words that carry over from earlier sūtras. Expand to see the rule as a reader actually understands it.

Commentary

The affix यत् comes after words 1. मत 2. जन and 3. हल in the senses respectively of 1. 'means 2. 'gossip' and 3. 'drawing', the words being in the Genitive -6th-Case in construction.
Thus मतस्य करणं = म꣡त्यः 'the means of acquiring knowledge'. जनस्य जल्पः = ज꣡न्यः 'a rumour'. हलस्य कर्षः = ह꣡ल्यः 'ploughed'. So also द्विहल्यः, त्रिहल्यः, the tadanta vidhi applies रथसीताहलेभ्यो यद्विधौ ॥

Śrīśa Chandra Vasu, The Ashtadhyayi of Panini (1897), via ashtadhyayi.com.