a variety of objects such as garlands, sandal paste, women etc
स्वयम्svayam
himself
एतदात्मनाetadātmanā
by identifying with the body
तस्मात्tasmāt
Hence
अस्य वपुषःasya vapuṣaḥ
for the gross body
प्रशस्तिःpraśastiḥ
prominence
जागरेjāgare
in the waking state
Translation
With the five external senses the jīva experiences a variety of gross objects such as garlands, sandal paste, women etc., by identifying himself with the body. Hence the prominence of gross body is in the waking state.
Annotation
Identification with the body does not exist in the dream and deep sleep states. The illusory body which is projected in the dream state is distinct from the gross body of the waking state. Thus the gross body which is not present in all states cannot be the Atman (Jagadguru).