03.02.18 Meghalaya(MeghalayaPSC) Current Affairs

NORTH-EASTERN STATES

  • Arunachali yak the first to be registered as new breed

 

  • Yaks, found in the mountainous regions of Arunachal Pradesh, have been registered by the Karnal-based National Bureau of Animal Genetics Resources (NBAGR) as a distinct breed known as Arunachali yak, this being the first instance of such a registration in the country. Union agriculture minister Radha Mohan Singh will formally award the recognition in New Delhi on Wednesday to the representatives of National Research Centre on Yak (NRCY) based at Dirang in Arunachal Pradesh.

 

  • The study found that Arunachali yaks are characterized by their predominantly black body colour and the high fat content in their milk which sometimes goes up to 7.45%. A lactating Arunachali yak produces, on an average, 1.3 kg milk per day. Though the milk is comparatively of poor quantity, it is compensated by the high fat content which makes it useful to produce different milk products.

 

  • However, scientific interventions, especially in the areas of breeding and rearing, have been able to slow down the decline of population as Arunachali yaks still remain the main source of livelihood for many Brokpas (yak rearers). West Kameng and Tawang are mainly dominated by the Monpa community, which treats the yaks as an asset for the rural economy, and rears these animals in organized farms or semi-migratory systems.

 

 

INTERNATIONAL

 

  • Inland Waterways Authority of India signs agreement with World Bank

 

  • Inland Waterways Authority of India (IWAI) signed a project agreement with the World Bank, even as the latter entered into a US $ 375 million loan agreement with the Department of Economic Affairs, Ministry of Finance for Jal Marg Vikas Project (JMVP).

 

  • The signing of the Agreement follows the approval of  the Cabinet Committee on Economic Affairs, for the implementation of the US $ 800 million JMVP for capacity augmentation of navigation on National Waterway-1(River Ganga) from Varanasi to Haldia.

 

  • Out of the remaining amount, US $ 380 million is to be sourced through the Government of India counterpart funds from budgetary allocation and proceeds from the bond issue.

 

  • Another US $ 45 million will come from private sector participation under the PPP mode.

 

  • The JMVP, which is expected to be completed by March, 2023, is being implemented with the financial and technical support of the World Bank.

 

  • The project will enable commercial navigation of vessels with the capacity of 1500-2,000 tons on NW-I.

 

 

·        UAE Launches World’s Longest Zip Line

 

  • The United Arab Emiratesmade a record by opening the world’s longest zip line, measuring 83 kmin length.
  • Guinness World Records officials certified the zip line in Ras al-Khaimah.
  • The Jebel Jais Flight takes thrill-seekers atop the country’s largest mountain peak, from a launch pad 1,680 meters (5,512 feet) above sea level.

 

NATIONAL

 

  • Two athletes to represent India at the Winter Olympics

 

  • Luger Shiva Keshavan and cross-country skier Jagdish Singh will represent India at the PyeongChang Winter Olympicswhich begins on February 9.

  • Thirty-six-year-old Keshavan, the country’s best known Winter Olympian, will be taking part in his sixth Games since his debut at Nagano in Japan in 1998.

  • Meanwhile, this will be Jagdish Singh’s maiden Winter Games appearance.

 

  • Textbooks in 4 states to have QR codes: Nilekani

 

  • Schools in Tamil Nadu, Andhra Pradesh, Maharashtra and Rajasthanwill have QR codes in their textbooks, enabling students to view video tutorial and customized content from smartphones, informed.

 

  • As part of the initiative, textbooks will have digital links with a QR code printed at the lesson and this code will have digital material related to the particular concept, which could be a short video lecture or a tutorial or a customized content.

 

  • Sharing his experiences of working with the government, Nandan said that one of things that he learnt is that government is a big amplifier. “If intervention happens at an early stage, impact will be bigger. The government is currently spending Rs 18,000 crore on education. At the other end, philanthropic capital is also being funded in the sector.

 

  • Dust mitigation plan must for firms

 

  • The Environment Ministry has made it mandatory for companies seeking environment clearance to ensure that they put in place a dust mitigation plan.

 

  • The requirements, specified in a gazette notification on January 25, say that roads leading to or at construction sites must be paved and black-topped. There could be no soil excavation without adequate dust mitigation measures in place. No loose soil, sand, construction waste could be left uncovered. A water sprinkling system was mandatory, and the measures taken should be prominently displayed at the construction site. Moreover, the grinding and cutting of building materials in open area were prohibited and no uncovered vehicles carrying construction material and waste would be permitted.

 

  • The standards were developed by the Central Pollution Control Board as part of the National Ambient Air Quality Standards (NAAQS), and will now empower the organisation to fine companies and agencies for not complying with norms.

 

  • Road dust contributed 56% of all PM10 pollution, while it was 38% for PM2.5.

 

  • Before PM2.5 became the focus of attention — for its role in lodging itself in the lungs and for being a key component of diesel emissions — dust was the key villain for a long time. Dust is a generic term for a vast mix of metals and non-metals — silicon, aluminium, titanium, manganese, copper, barium, antimony, selenium and zinc.

 

Gk bit  – PM (particulate matter)

 

  • PM stands for particulate matter (also called particle pollution): the term for a mixture of solid particles and liquid droplets found in the air. Some particles, such as dust, dirt, soot, or smoke, are large or dark enough to be seen with the naked eye. Others are so small they can only be detected using an electron microscope.

 

Particle pollution includes:

 

 

  • PM10 : inhalable particles, with diameters that are generally 10 micrometers and smaller; and

 

  • 5: fine inhalable particles, with diameters that are generally 2.5 micrometers and smaller.

 

 

  • The average human hair is about 70 micrometers in diameter – making it 30 times larger than the largest fine particle.

12 Finance Commission of India

 

The Twelfth Finance Commission  was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and the measures needed to augment the Consolidated Fund of a State to supplement the resources of local bodies in the State on the basis of the recommendations made by the Finance Commission of the State.

 

Recommendations of the Twelfth Finance Commission

Restructuring public finances

  • Centre and States to improve the combined tax-GDP ratio to 17.6 per cent by 2009-10.
  • Combined debt-GDP ratio, with external debt measured at historical exchange rates, to be brought down to 75 percent by 2009-10.
  • Fiscal deficit to GDP targets for the Centre and States to be fixed at 3 per cent.
  • Revenue deficit of the Centre and States to be brought down to zero by 2008-09.
  • Interest payments relative to revenue receipts to be brought down to 28 per cent and 15 per cent in the case of the Centre and States, respectively.
  • States to follow a recruitment policy in a manner so that the total salary bill, relative to revenue expenditure, net of interest payments, does not exceed 35 per cent.
  • Each State to enact a fiscal responsibility legislation providing for elimination of revenue deficit by 2008-09 and reducing fiscal deficit to 3 per cent of State Domestic Product.
  • The system of on-lending to be brought to an end over time. The long term goal should be to bring down debt-GDP ratio to 28 per cent each for the Centre and the States.

Sharing of Union tax revenues

  •  The share of States in the net proceeds of shareable Central taxes fixed at 30.5 per cent, treating additional excise duties in lieu of sales tax as part of the general pool of Central taxes. Share of States to come down to 29.5 per , when States are allowed to levy sales tax on sugar, textiles and tobacco.
  • In case of any legislation enacted in respect of service tax, after the notification of the eighty eighth amendment to the Constitution, revenue accruing to a State should not be less than the share that would accrue to it, had the entire service tax proceeds been part of the shareable pool.
  • The indicative amount of overall transfers to States to be fixed at 38 per cent of the Centre’s gross revenue receipts.

Local bodies

  • A grant of Rs.20,000 crore for the Panchayati Raj institutions and Rs.5,000 crore for urban local bodies to be given to States for the period 2005-10.
  • Priority to be given to expenditure on operation and maintenance (O&M) costs of water supply and sanitation, while utilizing the grants for the Panchayats. At least 50 per cent of the grants recommended for urban local bodies to be earmarked for the scheme of solid waste management through public-private partnership.

Calamity relief

  •  The scheme of Calamity Relief Fund (CRF) to continue in its present form with contributions from the Centre and States in the ratio of 75:25. The size of the Fund worked out at Rs.21,333 crore for the period 2005-10.
    The outgo from the Fund to be replenished by way of collection of National Calamity Contingent Duty and levy of special surcharges.
  • The definition of natural calamity to include landslides, avalanches, cloud burst and pest attacks.
    Provision for disaster preparedness and mitigation to be part of State Plans and not calamity relief.

Grants-in-aid to States

  •  The present system of Central assistance for State Plans, comprising grant and loan components, to be done away with, and the Centre should confine itself to extending plan grants and leaving it to States to decide their borrowings.
  • Non-plan revenue deficit grant of Rs.56,856 crore recommended to 15 States for the period 2005-10. Grants amounting to Rs.10,172 crore recommended for the education sector to eight States. Grants amounting to Rs.5,887 crore recommended for the health sector for seven States. Grants to education and health sectors are additionalities over and above the normal expenditure to be incurred by States.
  • A grant of Rs.15,000 crore recommended for roads and bridges, which is in addition to the normal expenditure of States.
  • Grants recommended for maintenance of public buildings, forests, heritage conservation and specific needs of States are Rs. 500 crore, Rs.1,000 crore, Rs.625 crore, and Rs.7,100 crore, respectively.

Fiscal reform facility

  •  With the recommended scheme of debt relief in place, fiscal reform facility not to continue over the period 2005-10.

Debt relief and corrective measures

  •  Central loans to States contracted till March,2004 and outstanding on March 31, 2005 amounting to Rs.1,28,795 crore to be consolidated and rescheduled for a fresh term of 20 years, and an interest rate of 7.5 per cent to be charged on them. This is subject to enactment of fiscal responsibility legislation by a State.
  • A debt write-off scheme linked to reduction of revenue deficit of States to be introduced. Under this scheme,
    repayments due from 2005-06 to 2009-10 on Central loans contracted up to March 31,2004 will be eligible for write- off.
  • Central Government not to act as an intermediary for future lending to States, except in the case of weak States,
    which are unable to raise funds from the market.
  • External assistance to be transferred to States on the same terms and conditions as attached to such assistance by external funding agencies.
  • All the States to set up sinking funds for amortization of all loans.
  • States to set up guarantee redemption funds through earmarked guarantee fees.

Others

  •  The Centre should share ‘profit petroleum’ from New Exploration and Licensing Policy (NELP) areas in the ratio of 50:50 with States where mineral oil and natural gas are produced. No sharing of profits in respect of nomination fields and non-NELP blocks.
  • Every State to set up a high level committee to monitor the utilization of grants recommended by the TFC.
    Centre to gradually move towards accrual basis of accounting.

Source:Ministry of Finance

American War of Independence.

Philosophes such as Voltaire considered England’s government the most progressive in Europe. England’s ruler was no despot, not even an enlightened one. His power had been limited by law. The Glorious Revolution of 1688 had given England a constitutional monarchy. However, while the English monarch’s power was being limited at home, the power of the English nation was spreading overseas.

Britain and Its American Colonies

When George III became king of Great Britain in 1760, his Atlantic coastal colonies were growing by leaps and bounds. The colonies thrived on trade with the nations of Europe. Along with increasing population and prosperity, a new sense of identity was growing in the colonists’ minds. Colonists saw themselves less as British and more as Virginians or Pennsylvanians. However, they were still British subjects and were expected to obey British law.

In the 1660s, Parliament had passed trade laws called the Navigation Acts. These laws prevented colonists from selling their most valuable products to any country except Britain. In addition, colonists had to pay high taxes on imported French and Dutch goods. However, colonists found ways to get around these laws. Some merchants smuggled in goods to avoid paying British taxes. Smugglers could sneak in and out of the many small harbours all along the lengthy Atlantic coastline. British customs agents found it difficult to enforce the Navigation Acts. For many years, Britain felt no need to tighten its hold on the colonies. Despite the smuggling, Britain’s mercantilist policies had made colonial trade very profitable. Britain bought American raw materials for low prices and sold manufactured goods to the colonists. And despite British trade restrictions, colonial merchants also thrived. However, after the French and Indian War ended in 1763, Britain toughened its trade laws. These changes sparked growing anger in the colonies.

Americans Win Independence

In 1760, when George III took the throne, most Americans had no thoughts of either revolution or independence. Yet by 1776, many Americans were willing to risk their lives to break free of Britain. During the French and Indian War, Great Britain had run up a huge debt in the war against France. Because American colonists benefited from Britain’s victory, Britain expected the colonists to help pay the costs of the war. In 1765, Parliament passed the Stamp Act. Colonists had to pay a tax to have an official stamp put on wills, deeds, newspapers, and other printed material. American colonists were outraged. They had never paid taxes directly to the British government before. Colonial lawyers argued that the stamp tax violated colonists’ natural rights.

In Britain, citizens consented to taxes through their representatives in Parliament. Because the colonists had no such representatives, Parliament could not tax them. The colonists demonstrated their defiance of this tax with angry protests and a boycott of British manufactured goods. The boycott proved so effective that Parliament gave up and repealed the Stamp Act in 1766.

Growing Hostility Leads to War

Some colonial leaders, such as Boston’s Samuel Adams, favoured independence from Britain. They encouraged conflict with British authorities. At the same time, George III and his ministers made enemies of many moderate colonists by their harsh stands. In 1773, to protest an import tax on tea, Adams organized a raid against three British ships in Boston Harbour. The raiders dumped 342 chests of tea into the water. George III, infuriated by the “Boston Tea Party,” as it was called, ordered the British navy to close the port of Boston. British troops occupied the city. In September 1774, representatives from every colony except Georgia gathered in Philadelphia to form the First Continental Congress. This group protested the treatment of Boston. When the king paid little attention to their complaints, all 13 colonies decided to form the Second Continental Congress to debate their next move. On April 19, 1775, British soldiers and American militiamen exchanged gunfire on the village green in Lexington, Massachusetts. The fighting spread to nearby Concord. When news of the fighting reached the Second Continental Congress, its members voted to raise an army under the command of a Virginian named George Washington. The American Revolution had begun.

Enlightenment Ideas Influence American Colonists

Although a war had begun, the American colonists still debated their attachment to Great Britain. Many colonists wanted to remain part of Britain. A growing number, however, favoured independence. They heard the persuasive arguments of colonial leaders such as Patrick Henry, John Adams, and Benjamin Franklin. These leaders used Enlightenment ideas to justify independence. The colonists had asked for the same political rights as people in Britain, they said, but the king had stubbornly refused. Therefore, the colonists were justified in rebelling against a tyrant who had broken the social contract. In July 1776, the Second Continental Congress issued the Declaration of Independence. This document, written by Thomas Jefferson, was firmly based on the ideas of John Locke and the Enlightenment. The Declaration reflected these ideas in its eloquent argument for natural rights. Since Locke had asserted that people had the right to rebel against an unjust ruler, the Declaration of Independence included a long list of George III’s abuses. The document ended by breaking the ties between the colonies and Britain. The colonies, the Declaration said, “are absolved from all allegiance to the British crown.”

Success for the Colonists

When war was first declared, the odds seemed heavily weighted against the Americans. Washington’s ragtag, poorly trained army faced the well-trained forces of the most powerful country in the world. In the end, however, the Americans won their war for independence.  Several reasons explain their success. First, the Americans’ motivation for fighting was much stronger than that of the British, since their army was defending their homeland. Second, the overconfident British generals made several mistakes. Third, time itself was on the side of the Americans. The British could win battle after battle, as they did, and still lose the war. Fighting an overseas war, 3,000 miles from London, was terribly expensive. After a few years, tax-weary British citizens clamoured for peace. Finally, the Americans did not fight alone. Louis XVI of France had little sympathy for the ideals of the American Revolution, but he was eager to weaken France’s rival, Britain. French entry into the war in 1778 was decisive. In 1781, combined forces of about 9,500 Americans and 7,800 French trapped a British army commanded by Lord Cornwallis near Yorktown, Virginia. Unable to escape, Cornwallis surrendered. The Americans were victorious.

Americans Create a Republic

Shortly after declaring their independence, the 13 individual states recognized the need for a national government. As victory became certain, in 1781 all 13 states ratified a constitution. This plan of government was known as the Articles of Confederation. The Articles established the United States as a republic—a government in which citizens rule through elected representatives. To protect their authority, the 13 states created a loose confederation in which they held most of the power. Thus, the Articles of Confederation deliberately created a weak national government. There were no executive or judicial branches. Instead, the Articles established only one body of government, the Congress. Each state, regardless of size, had one vote in Congress. Congress could declare war, enter into treaties, and coin money. It had no power, however, to collect taxes or regulate trade. Passing new laws was difficult because laws needed the approval of 9 of the 13 states. These limits on the national government soon produced many problems. Although the new national government needed money in order to operate, it could only request contributions from the states. Angry Revolutionary War veterans bitterly complained that Congress still owed them back pay.

The nation’s growing financial problems sparked a violent protest in Massachusetts. Debt-ridden farmers, led by a war veteran named Daniel Shays, demanded that the state lower taxes and issue paper money so that they could repay their debts. When the state refused, the rebels attacked several courthouses. Massachusetts authorities quickly crushed Shays’s Rebellion.

A New Constitution

Concerned leaders such as George Washington and James Madison believed that Shays’s Rebellion underscored the need for a strong national government. In February 1787, Congress approved a Constitutional Convention to revise the Articles of Confederation. The Constitutional Convention held its first session on May 25, 1787. The 55 delegates were experienced statesmen who were familiar with the political theories of Locke, Montesquieu, and Rousseau. Although the delegates shared basic ideas on government, they sometimes disagreed on how to put them into practice.  Using the political ideas of the Enlightenment, the delegates created a new system of government.

The Federal System

Like Montesquieu, the delegates distrusted a powerful central government controlled by one person or group. They therefore established three separate branches—legislative, executive, and judicial. This provided a built-in system of checks and balances, with each branch checking the actions of the other two. For example, the president received the power to veto legislation passed by Congress. However, the Congress could override a presidential veto with the approval of two-thirds of its members. Although the Constitution created a strong central government, it did not eliminate local governments. Instead, the Constitution set up a federal system in which power was divided between national and state governments. The delegates agreed with Locke and Rousseau that governments draw their authority from the consent of the governed.

The Bill of Rights

The delegates signed the new Constitution on September 17, 1787. In order to become law, however, the Constitution required approval by conventions in at least 9 of the 13 states. These conventions were marked by sharp debate. Supporters of the Constitution, called the Federalists, argued that the new government would provide a better balance between national and state powers. Their opponents, the Antifederalists, feared that the Constitution gave the central government too much power. They also wanted a bill of rights to protect the rights of individual citizens. In order to gain support, the Federalists promised to add a bill of rights to the Constitution. This promise cleared the way for approval. Congress formally added to the Constitution the ten amendments known as the Bill of Rights. These amendments protected such basic rights as freedom of speech, press, assembly, and religion. Many of these rights had been advocated by Voltaire, Rousseau, and Locke. The Constitution and Bill of Rights marked a turning point in people’s ideas about government. Both documents put Enlightenment ideas into practice. They expressed an optimistic view that reason and reform could prevail and that progress was inevitable. Such optimism swept across the Atlantic. However, the monarchies and the privileged classes didn’t give up power and position easily. As Chapter 23 explains, the struggle to attain the principles of the Enlightenment continued in France.

 

Growth of Communalism

  • Definition
    • Communalism is the belief that because a group of people follow a particular religion they have, as a result, common secular, that is, social, political and economic interests.
    • Second stage: Secular interests of followers of one religion are dissimilar and divergent from the interests of the followers of another religion
    • Third stage: The interests of the followers of different religions or of different religious communities are seen to be mutually incompatible, antagonistic and hostile.
  • Communalism is not a remnant of the medieval period. It has its roots in the modern colonial socio-economic political structure.
  • Divide and Rule
    • After 1857, British initially suppressed Indian muslims. However, after the publishing of Hunter’s book ‘The Indian Mussalman’ they actively followed the policy of divide and rule and hence started supporting the Muslims.
    • They promoted provincialism by talking of Bengal domination
    • Tired to use the caste structure to turn the non-brahmins against Brahmins and the lower caste against the higher castes.
    • It readily accepted communal leaders as authentic representatives of all their co-religionists.
  • Reasons for growth of communal tendencies in Muslims
    • Relative backwardness: educationally and economically <incomplete>

Muslim League

  • 1906 by Aga Khan, the Nawab of Dhaka, and Nawab Mohsin-ul-Mulk
  • It made no critique of colonialism, supported the partition of Bengal and demanded special safeguards for the Muslims in government services.
  • ML’s political activities were directed not against the foreign rulers but against the Hindus and the INC.
  • Their activities were not supported by all Muslims
    • Arhar movement was founded at this time under the leadership of Maulana Mohamed Ali, Hakim Ajmal Khan, Hasan Imam, Maulana Zafar Ali Khan, and Mazhar-ul-Haq. They advocated participation in the militant nationalist movement.

Muslim Nationalists

  • The war between Ottoman Empire and Italy created a wave of sympathy for Turkey
  • During the war between Ottoman empire and Italy, India sent a medical mission headed by MA Ansari to help Turkey.
  • As the British were not sympathetic to Turkey, the pro-Caliph sentiments in India became anti-British
  • However, the militant nationalists among muslims did not accept an entirely secular approach to politics
  • The most important issue they took up was not political independence but protection of the Turkish empire.
  • This approach did not immediately clash with Indian nationalism. However, in the long run it proved harmful as it encouraged the habit of looking at political questions from a religious view point.

Hindu Communalism

  • Some Hindus accepted the colonial view of Indian history and talked about the tyrannical Muslim rule in the medieval period
  • Over language they said that Hindi was the language of Hindus and Urdu that of Muslims.
  • Punjab Hindu Sabha was founded in 1909. Its leaders attached the INC for trying to unite Indians into a single nation.
  • The first session of the All India Hindu Mahasabha was held in April 1915 under the presidentship of the Maharaja of Kasim Bazar.

It however remained a weak organization because the colonial government gave it few concessions and little support


IMPORTANT NOTE

SSC MASTERS will come out with more such initiatives to provide a level-playing field to aspirants who do not need or have access to coaching and provide strategic competitive advantage to our followers in every aspect of SSC preparation and to stand true to its endeavour of becoming ‘A One stop Destination for SSC preparation’. Please Subscribe ssc masters for regular update for ssc cgl preparation. Leave you reviews about SSC Masters in the comment box below and suggestions for ssc masters for innovative SSC CGL preparation.

Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion

Table of Content:-

  1. Role of Commercial Banks
  2. Issue of NPA
  3. Financial Inclusion


Role of Commercial Banks

A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products

There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting economic development. The role of a commercial bank in a developing country is discussed as under.

  1. Mobilising Saving for Capital Formation:

The commercial banks help in mobilising savings through network of branch banking. People in developing countries have low incomes but the banks induce them to save by introducing variety of deposit schemes to suit the needs of individual depositors. They also mobilise idle savings of the few rich. By mobilising savings, the banks channelize them into productive investments. Thus they help in the capital formation of a developing country.

  1. Financing Industry:

The commercial banks finance the industrial sector in a number of ways. They provide short-term, medium-term and long-term loans to industry.

  1. Financing Trade:

The commercial banks help in financing both internal and external trade. The banks provide loans to retailers and wholesalers to stock goods in which they deal. They also help in the movement of goods from one place to another by providing all types of facilities such as discounting and accepting bills of exchange, providing overdraft facilities, issuing drafts, etc. Moreover, they finance both exports and imports of developing countries by providing foreign exchange facilities to importers and exporters of goods.

  1. Financing Agriculture:

The commercial banks help the large agricultural sector in developing countries in a number of ways. They provide loans to traders in agricultural commodities. They open a network of branches in rural areas to provide agricultural credit. They provide finance directly to agriculturists for the marketing of their produce, for the modernisation and mechanisation of their farms, for providing irrigation facilities, for developing land, etc.

They also provide financial assistance for animal husbandry, dairy farming, sheep breeding, poultry farming, pisciculture and horticulture. The small and marginal farmers and landless agricultural workers, artisans and petty shopkeepers in rural areas are provided financial assistance through the regional rural banks in India. These regional rural banks operate under a commercial bank. Thus the commercial banks meet the credit requirements of all types of rural people. In India agricultural loans are kept in priority sector landing.

  1. Financing Consumer Activities:

People in underdeveloped countries being poor and having low incomes do not possess sufficient financial resources to buy durable consumer goods. The commercial banks advance loans to consumers for the purchase of such items as houses, scooters, fans, refrigerators, etc. In this way, they also help in raising the standard of living of the people in developing countries by providing loans for consumptive activities and also increase the demand in the economy.

  1. Financing Employment Generating Activities:

The commercial banks finance employment generating activities in developing countries. They provide loans for the education of young person’s studying in engineering, medical and other vocational institutes of higher learning. They advance loans to young entrepreneurs, medical and engineering graduates, and other technically trained persons in establishing their own business. Such loan facilities are being provided by a number of commercial banks in India. Thus the banks not only help inhuman capital formation but also in increasing entrepreneurial activities in developing countries.

  1. Help in Monetary Policy:

The commercial banks help the economic development of a country by faithfully following the monetary policy of the central bank. In fact, the central bank depends upon the commercial banks for the success of its policy of monetary management in keeping with requirements of a developing economy.


 

 


Issue of NPA

A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.According to RBI, terms loans on which interest or installment of principal remain overdue for a period of more than 90 days from the end of a particular quarter is called a Non-performing Asset.

However, in terms of Agriculture / Farm Loans; the NPA is defined as under:

  • For short duration crop agriculture loans such as paddy, Jowar, Bajra etc. if the loan (installment / interest) is not paid for 2 crop seasons , it would be termed as a NPA.
  • For Long Duration Crops, the above would be 1 Crop season from the due date.

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act has provisions for the banks to take legal recourse to recover their dues. When a borrower makes any default in repayment and his account is classified as NPA; the secured creditor has to issue notice to the borrower giving him 60 days to pay his dues. If the dues are not paid, the bank can take possession of the assets and can also give it on lease or sell it; as per provisions of the SAFAESI Act.

Reselling of NPAs :- If a bad loan remains NPA for at least two years, the bank can also resale the same to the Asset Reconstruction Companies such as Asset Reconstruction Company (India) (ARCIL).  These sales are only on Cash Basis and the purchasing bank/ company would have to keep the accounts for at least 15 months before it sells to other bank. They purchase such loans on low amounts and try to recover as much as possible from the defaulters. Their revenue is difference between the purchased amount and recovered amount.


 


Financial Inclusion

Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable.Financial-inclusion

Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide the financial services to millions out of the regulated banking sector.

 

 

 

 

Various program’s for financial inclusion are:-

  • Swabhimaan Scheme: under the Swabhimaan campaign, the Banks were advised to provide appropriate banking facilities to habitations having a population in excess of 2000 (as per 2001 census) by March 2012.
  • Extention of  the banking network in unbanked areas,
  • Expansion of Business Correspondent Agent (BCA) Network
  • Direct Benefit Transfer (DBT) and Direct Benefit Transfer for LPG (DBTL)
  • RuPay, a new card payment scheme has been conceived by NPCI to offer a domestic, open-loop, multilateral card payment system which will allow all Indian banks and financial Institutions in India to participate in electronic payments.
  • Pradhan Mantri Jan-Dhan Yojana (PMJDY) was formally launched on 28th August, 2014. The Yojana envisages universal access to banking facilities with at least one basic banking account for every household, financial literacy, access to credit, insurance and pension. The beneficiaries would get a RuPay Debit Card having inbuilt accident insurance cover of Rs.1.00 lakh. In addition there is a life insurance cover of Rs.30000/- to those people who opened their bank accounts for the first time between 15.08.2014 to 26.01.2015 and meet other eligibility conditions of the Yojana.

 

Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

World Bank

The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade.

The World Bank was established in December 1945 at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire. It opened for business in June 1946 and helped in the reconstruction of nations devastated by World War II. Since 1960s the World Bank has shifted its focus from the advanced industrialized nations to developing third-world countries.

Organization and Structure:

The organization of the bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee, the Loan Committee and the president and other staff members. All the powers of the bank are vested in the Board of Governors which is the supreme policy making body of the bank.

Capital Resources of World Bank:

The initial authorized capital of the World Bank was $ 10,000 million, which was divided in 1 lakh shares of $ 1 lakh each. The authorized capital of the Bank has been increased from time to time with the approval of member countries.Member countries repay the share amount to the World Bank in the following ways:

  1. 2% of allotted share are repaid in gold, US dollar or Special Drawing Rights (SDR).
  2. Every member country is free to repay 18% of its capital share in its own currency.
  3. The remaining 80% share deposited by the member country only on demand by the World Bank.

Objectives:

The following objectives are assigned by the World Bank:

 

  1. To provide long-run capital to member countries for economic reconstruction and development.

 

  1. To induce long-run capital investment for assuring Balance of Payments (BoP) equilibrium and balanced development of international trade.

 

  1. To provide guarantee for loans granted to small and large units and other projects of member countries.

 

  1. To ensure the implementation of development projects so as to bring about a smooth transference from a war-time to peace economy.

 

  1. To promote capital investment in member countries by the following ways;

 

(a) To provide guarantee on private loans or capital investment.

 

(b) If private capital is not available even after providing guarantee, then IBRD provides loans for productive activities on considerate conditions.

 

Functions:

 

World Bank is playing main role of providing loans for development works to member countries, especially to underdeveloped countries. The World Bank provides long-term loans for various development projects of 5 to 20 years duration.

 

The main functions can be explained with the help of the following points:

 

  1. World Bank provides various technical services to the member countries. For this purpose, the Bank has established “The Economic Development Institute” and a Staff College in Washington.

 

  1. Bank can grant loans to a member country up to 20% of its share in the paid-up capital.

 

  1. The quantities of loans, interest rate and terms and conditions are determined by the Bank itself.

 

  1. Generally, Bank grants loans for a particular project duly submitted to the Bank by the member country.

 

  1. The debtor nation has to repay either in reserve currencies or in the currency in which the loan was sanctioned.

 

  1. Bank also provides loan to private investors belonging to member countries on its own guarantee, but for this loan private investors have to seek prior permission from those counties where this amount will be collected.

International Monetary Fund(IMF)

The major roles of the International Monetary Fund are as follows:

  1. To promote international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems.
  2. To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
  3. To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.
  4. To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.
  5. To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.
  6. In accordance with the above, to shorten the duration and lessen the degree of disequilibrium in the international balances of payments of members.“Articles of Agreement: Article I—Purposes,” International Monetary Fund
World Trade Organization(WTO)

The important objectives of WTO are:

1. To improve the standard of living of people in the member countries.

2. To ensure full employment and broad increase in effective demand.

3. To enlarge production and trade of goods.

4. To increase the trade of services.

5. To ensure optimum utilization of world resources.

6. To protect the environment.

7. To accept the concept of sustainable development.

Functions:

The main functions of WTO are discussed below:

1. To implement rules and provisions related to trade policy review mechanism.

2. To provide a platform to member countries to decide future strategies related to trade and tariff.

3. To provide facilities for implementation, administration and operation of multilateral and bilateral agreements of the world trade.

4. To administer the rules and processes related to dispute settlement.

5. To ensure the optimum use of world resources.

6. To assist international organizations such as, IMF and IBRD for establishing coherence in Universal Economic Policy determination.


 

CoP15 (Copenhagen Summit)

  • Main aim was to establish a global climate agreement for the period from 2012 when the first commitment period under the Kyoto Protocol expires
  • The conference did not achieve any binding agreement for long term action
  • A ‘political accord’ was negotiated by approximately 25 parties
    • Collective commitment by developed countries for new and additional resources , including forestry and investments through international institutions to a tune of $30 bn for the period 2010-12.
  • Copenhagen Accord
    • Not legally binding and does not commit countries to agree to a binding successor to the Kyoto Protocol
    • Annex 1 parties would commit to economy-wide emissions targets for 2020 to be submitted by 31 Jan 2010. Delivery of reductions and finance by developed countries will be measured , reported and verified (MRV) in accordance with COP guidelines
    • Non-annex 1 countries would implement Nationally Appropriate Mitigation Actions to slow their carbon emissions
    • Commits $30 bn for 2010-12
    • Copenhagen Green Climate Fund
    • The accord shall be assessed in 2015

 

Environment Pollution: An Introduction

Environment Pollution is  defined as ‘an addition or excessive addition of certain materials to the physical environment (water, air and lands), making it less fit or unfit for life’.

Pollutants are the materials or factors, which cause adverse effect on the natural quality of any component of the environment.

Classifications

  1. According to the form in which they persist after release into the environment.
  • Primary pollutants: These persist in the form in which they are added to the environment e.g. DDT, plastic.
  • Secondary Pollutants: These are formed by interaction among the primary pollutants. For example, peroxyacetyl nitrate (PAN) is formed by the interaction of nitrogen oxides and hydrocarbons.
  1. According to their existence in nature.
  • Quantitative Pollutants: These occur in nature and become pollutant when their concentration reaches beyond a threshold level. E.g. carbon dioxide, nitrogen oxide.
  • Qualitative Pollutants: These do not occur in nature and are man-made. E.g. fungicides, herbicides, DDT etc.
  1. According to their nature of disposal.
  • Biodegradable Pollutants: Waste products, which are degraded by microbial action. E.g. sewage.
  • Non-biodegradable Pollutants: Pollutants, which are not decomposed by microbial action. E.g. plastics, glass, DDT, salts of heavy metals, radioactive substances etc
  1. According to origin
  • Natural
  • Anthropogenic

The Mauryas : Extent of empire, Kalinga War and its Impact; Asoka’s Dhamma, Foreign Policy, Development of Art & Architecture during the Mauryan period

 

Foundation of the Mauryan Empire:

The foundation of the Maurya Empire in 321 B.C. by Chandragupta Maurya was a unique event in history.

Particularly in view of the fact that it was found shortly after Alexander’s victorious campaigns in North-West India during 327 B.C. – 325 B.C.

There is no unanimity with regard to the ancestry of the Mauryas. The Puranas describe them as Sudras and uprighteous probably due to the fact that the Mauryas were mostly patrons of heterodox sects.

The Buddhist works (e.g. Mahavamsa and Mahavamshatika) have attempted to link the Mauryan dynasty with the tribe of the Sakyas to which the Buddha belonged. In the Divyavadana, Bindusara, the son of Chandragupta, is described as Kshatriya Murdabhishikta or annointed Kshatriya.

According to the Buddhist writers, the region from which the Mauryas came was full of peacocks (Mayura in Sanskrit and Mora in Pali), and hence they came to be known as the Moriyas (Pali form of Mauryas). It is obvious from this that the Buddhists were trying to elevate the social position of Asoka and his predecessors.

Jain tradition given in Hemachandra’s Parisisthaparvan relates Chandragupta as the son of a daughter of the chief of a village of peacock-tamers (Mayura-Poshaka). The use of the term ‘Vrishala’ and ‘Kula-hina’ in the Mudrarakshasa of Vishakadatta for Chandragupta probably means that Chandragupta was a mere upstart of an unknown family.

The Greek classical writers, such as Justin, describes Chandragupta Maurya as a man of humble origin, but does not mention his exact caste. The Junagarh Rock Inscription of Rudradaman (150 A.D.) mentions the Vaisya Pusyagupta as the provincial governor of the Maurya king Chandragupta. There is a reference to Pusyagupta being the brother-in-law of Chandragupta which implies that the Mauryas may have been of Vaisya origin.

In conclusion, we can say that the Mauryas were of comparatively humble origin belonging to the Moriya tribe and were certainly of a low caste.

 

Chandragupta Maurya (321-297 B.C.):

Chandragupta Maurya succeeded to the Nanda throne in 321 B.C. after dethroning the last Nanda ruler (Dhanananda) at the age of 25. He was the protege of the Brahmin Kautilya, also known as Chanakya or Vishnugupta, who was his guide and mentor both in acquiring the throne and in keeping it.

The acquisition of Magadha was the first step in establishing the new dynasty. Once the Ganges valley was under his control, Chandragupta moved to the north-west to exploit the power vacuum created by Alexander’s departure. The areas of the North-West fell to him rapidly.

Moving back to Central India he occupied the region north of the Narmada River. But 305 B.C. saw him back in the north-west involved in a campaign against Seleucus Nikator (Alexander’s general who gained control of most Asiatic provinces of the Macedonian empire) which Chandragupta finally won in 303 B.C. Both signed a treaty and entered into a marriage alliance.

Who married whose daughter is not clearly known? But it seems that Chandragupta made a gift of 500 elephants to the Greek general and ob­tained the territory across the Indus viz., the Satrapies of Paropanisadai (Kabul), Aria (Herat), Arachoisa (Kandahar), and Gedrosia (Baluchistan). Seleucus’s ambassador, Megasthenes, lived for many years at the Maurya court at Pataliputra and travelled extensively in the country.

According to Jaina sources (Parisistaparvan), Chandragupta embraced Jainism towards the end of his life and stepped down from the throne in favour of his son, Bindusara. Accompanied by Bhadrabahu, a Jaina saint, and several other monks he is said to have gone to Sravana Belgola near Mysore, where he deliberately starved himself to death in the approved Jaina fashion (Sallekhana).

Kautilya and Arthashastra:

Kautilya was the Prime Minister of Chandragupta Maurya. Chandragupta found the Mauryan Empire with his help. Arthashastra was written by him. It is the most important source for writing the history of the Mauryas and is divided into 15 adhikarnas or sections and 180 Prakaranas or subdivi­sions. It has about 6,000 slokas. The book was discovered by Shamasastri in 1909 and ably trans­lated by him.

 

It is a treatise on statecraft and public administration. Despite the controversy over its date and authorship, its importance lies in the fact that it gives a clear and methodological analysis of economic and political conditions of the Mauryan period.

The similarities between the administrative terms used in the Arthashastra and in the Asokan edicts certainly suggests that the Mauryan rulers were acquainted with this work.As such his Arthashastra provides useful and reliable information regarding the social and political conditions as well as the Mauryan administration.

  1. King:

Kautilya suggests that the king should be an autocrat and he should concentrate all powers into his own hands. He should enjoy unrestricted authority over his realm. But at the same time, he should give honour to the Brahmanas and seek advice from his ministers. Thus the king though autocrat, should exercise his authority wisely.

He should be cultured and wise. He should also be well-read so as to understand all the details of his administration. He says that the chief cause of his fall is that the king is inclined towards evil. He lists six evils that led to a king’s decline. They are haughtiness, lust, anger, greed, vanity and love of pleasures. Kautilya says that the king should live in comfort but he should not indulge in pleasures.

  1. Ideals of Kingship:

The major ideal of kingship according to Kautilya is that his own well-being lies in the well-being of his people of only the happy subjects ensure the happiness of their sovereign. He also says that the king should be ‘Chakravarti’ or the conqueror of different realms and should win glory by conquering other lands.

He should protect his people from external dan­gers and ensure internal peace. Kautilya maintained that the soldiers should be imbued with the spirit of a ‘holy war’ before they march to the battlefield. According to him, all is fair in a war waged in the interest of the country.

  1. About the Ministers:

Kautilya maintains that the king should appoint ministers. King without ministers is like a one-wheeled chariot. According to Kautilya, king’s ministers should be wise and intelligent. But the king should not become a puppet in their hands.

He should discard their improper advise. The ministers should work together as; a team. They should hold meetings in privacy. He says that the king who cannot keep his secrets cannot last long.

  1. Provincial Administration:

Kautilya tells us that the kingdom was divided into several provinces governed by the members of the royal family. There were some smaller provinces as Saurashtra and Kambhoj etc. administered by other officers called ‘Rashtriyas’. The provinces were divided into districts which were again sub-divided into villages. The chief administrator of the district was called the ‘SthaniK while the village headman was called the ‘Gopa’.

  1. Civic Administration:

The administration of big cities as well as the capital city of Pataliputra was carried on very efficiently. Pataliputra was divided into four sectors. The officer incharge of each sector was called the ‘Sthanik. He was assisted by junior officers called the ‘Gopas’ who looked after the welfare of 10 to 40 families. The whole city was in the charge of another officer called the ‘Nagrika’. There was a system of regular census.

  1. Spy Organisation:

Kautilya says that the king should maintain a network of spies who should keep him well informed about the minute details and happenings in the country, the provinces, the districts and the towns. The spies should keep watch on other officials. There should be spies to ensure peace in the land. According to Kautilya, women spies are more efficient than men, so they should, in particular, be recruited as spies. Above all the kings should send his agents in neighbouring countries to gather information of political significance.

  1. Shipping:

Another significant information that we gather from Kautilya is about shipping under the Mauryas. Each port was supervised by an officer who kept vigil on ships and ferries. Tolls were levied on traders, passengesand fishermen. Almost all ships and boats were owned by the kings.

  1. Economic Condition:

Kautilya says that poverty is a major cause of rebellions. Hence there should be no shortage of food and money to buy it, as it creates discontent and destroys the king. Kautilya therefore advises the king to take steps to improve the economic condition of his people. Kautilya says that the chief source of income was the land revenue in villages while the tax on the sale of goods was the chief source in the cities.

Bindusara (297-272 B.C.):

In 297 B.C., Chandragupta was succeeded by his son Bindusara, known to the Greeks as Amitrochates (Sanskrit, Amitraghata, the destroyer of foes). Bindusara campaigned in the Deccan, extending Mauryan control in the peninsula as far south as Mysore.

He is said to have conquered the land between the two seas’, presumably the Arabian Sea and the Bay of Bengal. Kalinga (modern Orissa) on the eastern coast, however, remained hostile and was conquered in the succeeding reign by Bindusara’s son Ashoka.

In foreign affairs, Bindusara maintained the friendly relations with the Hellenic west established by his father. He is said to have had contacts with Antiochus I Soter, king of Syria, son of Seleucus Nikator whose ambassador, Deimachos was said to have been at his court.

A man of wide tastes and interests, he requested Antiochus I to send him some sweet wine, dried figs and a sophist; the last being not meant for export, however, could not be sent. Pliny mentions that Ptolemy Philadelpus of Egypt sent Dionysius as his ambassador to India. The Ashokavadana informs us that a revolt took place in Taxila during the reign of Bindusara, when the citizens objected to the oppression of the higher officials. Bindusara sent Asoka to put an end to the revolt, which he did successfully.

Ashoka (268-232 B.C.):

Bindusara’s death in 272 B.C. led to a struggle for succession among his sons. It lasted for four years and in 268 B.C. Ashoka emerged successful. According to Asokavadana, Subhadrangi was the mother of Ashoka and it describes her as the daughter of a Brahman of Champa.

The Divyavadana version largely agrees with that of the Ashokavadana. She is called Janapadakalyani, or in other version of the same source Subhadrangi. In the Ceylonese source, Vamsatthapakasini the Queen mother is called Dharma.

According to legend, Ashoka as a young prince was given charge of the Viceroyship of Ujjain. Buddhist texts inform us that a revolt took place in Taxila during the reign of Bindusara and Ashoka was sent to quell it. This he did without antagonising the local populace. Corroboration for this may be sought in an Aramaic inscription from Taxila which refers to Priyadarshi the viceroyor governor.

During his Viceroyalty of Ujjain he fell in love with the daughter of a merchant of Vidisa, referred to as Devi or Vidisamahadevi or Sakyani. Ashoka’s two other well-known queens were Karuvaki and Asandhimitra. The second queen, Karuvaki is mentioned in the Queen’s Edict inscribed on a pillar at Allahabad, in which her religious and charitable donations are referred to. She is described as the mother of Prince Tivara, the only son of Asoka to be mentioned by the name in the inscription.

As regards Ashoka’s accession to the throne there is a general agreement in the sources that Ashoka was not the crown prince but succeeded after killing his brothers. There is, however, no unanim­ity in the texts either regarding the nature of the struggle or the number of his brothers.

In one place the Mahavamsa states that Asoka killed his elder brother to become king whereas elsewhere in the same work and also in the Dipavamsa he is said to have killed ninety-nine brothers. The Mahavamsa states that although he put ninety-nine brothers to death, Asoka spared the life of the youngest of these, Tissa who was later made vice-regent (He retired to a life of religious devotion having come under the influence of the preacher Mahadhammarakkhita and then known by the name of Ekaviharika). It seems that though there was a struggle, a lot of descriptions of it are plain exaggerations.

After ascending the throne, Ashoka according to Taranatha spent several years in pleasurable pursuits and was consequently called Kamasoka. This was followed by a period of extreme wicked­ness, which earned him the name of Candasoka. Finally his conversion to Buddhism and his subse­quent piety led him to be called Dhammasoka.

The most important event of Ashoka’s reign seems to have been his conversion to Buddhism after his victorious war with Kalinga in 260 B.C. Kaling con­trolled the routes to South India both by land and sea, and it was therefore necessary that it should become a part of the Mauryan Empire.

The 13th Major Rock Edict vividly describes the horrors and miseries of this war and the deep remorse it caused to Ashoka. In the words of the Mauryan emperor, ‘A hundered and fifty thousand people were deported, a hundred thousand were killed and many times that number perished…………. It has been stated in the past that he was dramatically converted to Buddhism immediately after the battle, with its attendant horrors.

But this was not so, and as one of his inscriptions, viz., Bhabra Edict, states it was only after a period of more than two years that he became an ardent supporter of Buddhism under the influence of a Buddhist monk, Upagupta.

He also states his acceptance of the Buddhist creed, the faith in the Buddha, the Dhamma (the teachings of the Buddha), and the Samgha. Written specifically for the local Buddhist clergy, he also refers to himself as the ‘king of Magadha’, a title which he uses only on this occasion.

The Buddhist church was reorganised during his reign with the meeting of Third Buddhist council at Pataliputra in 250 B.C. under the chairmanship of Mogalliputta Tissa but the emperor himself does not refer to it in his inscrip­tions.

This stresses the point that Asoka was careful to make a distinction between his personal support for Buddhism and his duty as emperor to remain unattached and unbiased in favour of any religion. The Third Buddhist Council is significant because it was the final attempt of the more sectar­ian Buddhists, the Theravada School, to exclude both dissidents and innovators from the Buddhist Order.

Furthermore, it was at this Council that it was decided to send missionaries to various parts of the sub-continent and to make Buddhism an actively proselytizing religion.

Ashoka mentions various of his contemporaries in the Hellenic world with whom he exchanged missions, diplomatic and otherwise in his 13th Major Rock Edict. These have been identified as Antiochus II Theos of Syria, (Amtiyoga)the grandson of Seleucus Nikator; Ptolemy III Philadelphus of Egypt (Tulamaya); Antigonus Gonatus of Macedonia (Antekina); Magas of Cyrene (Maka) and Alexander of Epirus (Alikyashudala).

Communications with the outside world were by now well developed. Asokan inscriptions corrobo­rated by archaeological data are a reliable guide to the extent of the Mauryan Empire.

Magadha was the home province of the Mauryas and the city of Pataliputra its capital. Other cities mentioned in the inscriptions include Ujjain, Taxila, Tosali near Bhubaneshwar, Kausambi and Suvarnagiri in Andhra Pradesh.

According to tradition, Kashmir was included in the Ashokan Empire and that Ashoka built the city of Srinagar. Khotan in Central Asia was also supposed to have come under Mauryan sway.

The Mauryans had close connections with the areas of modern Nepal since the foothills were a part of the empire. One of Ashokan’s daughter is said to have married a nobleman from the mountains of Nepal.

In the east, Mauryan influence extended as far as the Ganga delta. Tamralipti or modern Tamluk was an important port on the Bengal coast from where the ships sailed for Burma, Sri Lanka as well as for South India. Another major port on the west coast was Broach at the mouth of the Narmada.

Kandahar formed the western-most extension of the Mauryan Empire and Ashokan inscriptions mention the Gandharas, Kambojas and the Yonas as his borderers. Through the north-west the Mauryas maintained close contacts with their neighbours, the Seleucid Empire and the Greek kingdoms.

Mauryan relations with Sri Lanka were very close and Asoka sent his son Mahindra and daughter Sanghamitra to preach Buddhism in Sri Lanka. Asokan inscriptions in the south mention several people with whom he was on friendly terms – the Cholas, Pandyas, Satiyaputras and Keralaputras (Major Rock Edict II.)

Disintegration of the Empire:

Towards the end of his reign Asoka’s grip over the imperial organisation became weak. The Maurya Empire began to decline with the death of Asoka in 232 B.C., soon after it broke up. The evidence for the later Mauryas is very meagre.

The Puranas, besides Buddhist and Jaina literature, do provide us with some information on the later Mauryas, but there is no agreement among them. Even among the Puranas, there is a lot of variance between one Puranas and another. The one statement on which all the Puranas are in agreement is that the dynasty lasted 137 years.

Ashoka’s death was followed by the division of the empire into western and eastern halves. The western part including the north-western province, Gandhara and Kashmir was governed by Kunala (one of the sons of Ashoka) and then for a while by Samprati (according to Jaina tradition he was a grandson of Ashoka and a patron of Jainism).

It was later threatened from the north-west by the Bactrian Greeks, to whom it was practically lost by 180 B.C. From the south, the threat was posed by the Andhrasorthe Satavahanas who later came to power in the Deccan.

The eastern part of the Maurya Empire, with its capital at Pataliputra, came to be ruled by Dasaratha (probably one of the grandsons of Ashoka). Dasaratha apart from being mentioned in the Matsya Purana is also known to us from the caves in the Nagarjuni Hills, which he dedicated to the Ajivikas.

According to the Puranas, Dasaratha reigned for eight years. This would suggest that he died without an heir old enough to come to the throne. The same sources speak of Kunala ruling for eight years.

He must have died at about the same time as Dasaratha; so that Sampriti now ruling in the west may have successfully regained the throne at Pataliputra, thus uniting the empire again.

This event occurred in 223 B.C. However, the empire had probably already begun to disintegrate. Jaina sources mention that Samprati ruled from Ujjain and Pataliputra. After Dasaratha and Samprati came Salisuka, a prince mentioned in the astronomical work, the Gargi Samhita, as a wicked quarrelsome king.

The successors of Salisuka, according to the Puranas, were Devavarman, Satamdhanus and finally Brihadratha. The last prince was overthrown by his commander-in-chief, Pushyamitra, who laid the foundations of a new dynasty called Sunga dynasty.

Causes for the Decline of the Mauryas:

The Magadhan Empire, which had been reared by successive wars culminating in the conquest of Kalinga, began to disintegrate after the death of Ashoka in 232 B.C. The reason given by historians for such, rapid declines are as conflicting as they are confusing.

Some of the very obvious and other controversial causes for the decline of the Mauryan Empire are discussed below:

  1. One of the more obvious reasons for the decline was the succession of weak kings after Ashoka.
  2. A further and immediate cause was the partition of the empire into two, the eastern part under Dasaratha and the western part under Kunala. Had the partition not taken place, the Greek invasions of the north-west could have been held back for a while, giving the Mauryas a chance to re-establish some degree of their previous power. The partition of the empire disrupted the various services as well.
  3. Scholars have suggested that the pro-Buddhist policies of Ashoka and the pro-Jaina policies of his successors alienated the Brahmins and resulted in the revolt of Pushyamitra, the founder of the Shunga dynasty. H.C. Raychaudhuri maintains that Asoka’s pacifist policies were responsible for undermining the strength of the empire.

The second argument blames Ashoka’s emphasis on non­violence for weakening the empire and its military strength. Haraprasad Sastri holds the view that the decline of the Mauryan Empire was the result of the Brahmanical revolt on account of ban on animal sacrifices and undermining the prestige of the Brahmanas. Both these arguments are rather simplistic.

Pushyamitra’s usurpation of the throne cannot be seen as a brahmana revolt because by that time the administration had become so ineffective that officials were willing to accept any viable alternative.

The second proposition does not take into ac­count the nature of the policy of non-violence. There is nothing in the Ashokan inscriptions to suggest demobilization of the army. Similarly capital punishment continued. The emphasis was on the reduc­tion of species, and numbers of animals killed for food. There is nothing to suggest that the killing of animals stopped completely.

  1. Another reason put forward by some historians such as D.D. Kosambi is that there was consid­erable pressure on the Mauryan economy under the later rulers leading to heavy taxation.

This opinion is again one-sided and is not corroborated by archaeological data. Excavations at sites like Hastinapura and Sisupalgarh have shown improvement in the material culture.

  1. The organization of administration, and the conception of the state or the nation, were of great significance in the causes of the decline of the Mauryas. The Mauryan administration was of an extremely centralized character which necessitated a king of considerable personal ability.

In such a situation the weakening of the central control leads automatically to a weakening of the administration. With the death of Ashoka and the uneven quality of his successors, there was a weakening at the centre, particularly after the division of the empire.

  1. The Mauryan state derived its revenues from taxing a variety of resources which would have to grow and expand so that the administrative apparatus of the state could be maintained.

Unfortunately the Mauryas made no attempt to expand the revenue potential or to restructure and reorganise the resources. This inherent weakness of the Mauryan economy when coupled with other factors led to the collapse of the Mauryan Empire.

  1. The spread of material culture of the Gangetic basin to the outlying areas led to the formation of new kingdoms.

 

[jetpack_subscription_form title=”Subscribe to MeghalayaPSC Notes” subscribe_text=”Never Miss any MeghalayaPSC important update!” subscribe_button=”Sign Me Up” show_subscribers_total=”1″]