This article deals with ‘External Benchmark System .’ This is part of our series on ‘Economics’ which is important pillar of GS-3 syllabus . For more articles , you can click here
Issue
When RBI
decreases Repo Rate, Banks don’t decrease their interest rates proportionately.
Why banks don’t transmit Repo Rate cuts to borrowers?
a. Banks don’t depend on RBI
In India(& all developing countries ) ,RBI is not the main source of money to banks . Common people are main supplier(mainly because people don’t have much option to invest money in alternate investment facilities eg mutual funds etc )
b. Small saving schemes rate not reduced
Transmission is limited by high small savings rates. Banks worry that if they cut their deposit rates, customers will flee to small savings instruments.
c. High Statutory Liquidity Ratio
Large money has to be kept idle as SLR which
banks cant lend
This reduces their ability to
pass the benefit to consumers .
d. Banks increasing their Spread
Due to losses incurred to
banks as a result of high NPAs
& lowering of Credit Demand , Banks are increasing
their Spread in order to maintain
their profits in absolute term.
This has reduced the capacity
of banks to decrease Lending Rates.
To deal with inadequate transfer of Repo Rate cuts by banks to borrowers , RBI Came up with MCLR and External Benchmark Rate System
How Banks decide their Interest Rate
Timeline
1969
Government
began nationalization of private banks, and ‘administered interest rates’ on
them.
1991
M.Narsimhan
suggested deregulation: Government should not dictate / administer
individual banks’ interest rates & RBI should only give methodology to
banks.
2003
RBI
introduced Benchmark Prime Lending Rate
(BPLR).
2010
RBI
introduced BASE Rate + Spread system; update
frequency was on individual
banks’ discretion.
2016-17
RBI introduced Marginal Cost of Funds based Lending Rate (MCLR) +Spread system.
2019
RBI introduced External Benchmark Rate System.
Marginal Cost of Funds based Lending Rate (MCLR)
Banks to calculate lending rate on monthly basis.
Lending Rate to be calculated using CRR Cost, Operating Cost, Marginal cost of funds (calculated using Repo Rate) (don’t need to go into detail. Just remember, MCLR has Repo Rate as component)
Lending Rate = MCLR + Spread (to be decided by banks)
Benefits?
Better transmission of
Monetary Policy
Transparency &
accountability to borrowers.
RBI’s Janak Raj internal study group(2017) showed MCLR did not yield all benefits . Banks keep on increasing ‘Spread’ based on their discretion .
So new method was introduced
External Benchmark System
Applicable from April 2019 (on recommendations of Dr.
Janak Raj Committee)
NEW loans to be linked with
External Benchmark system.
In this system
Bank will be asked to choose any benchmark like
Repo rate or
91-day T-bill yield or
182-day T-bill yield or
any other benchmarks by Financial Benchmarks India Pvt. Ltd.
It has to be updated atleast
every 3 months.
Lending Rate of Bank will be External Benchmark +
Spread (eg if
Bank choose Repo Rate as External Benchmark, then Interest Rate will be
Repo Rate + Spread)
This article deals with ‘Monetary Policy .’ This is part of our series on ‘Economics’, which is an important pillar of the GS-3 syllabus. For more articles, you can click here.
Demand – Supply Theory
Suppose,
at a particular time, equilibrium is reached for the price of any product, say
wheat.
Now,
the government decides to print a lot of Currency and distribute it to the
public as an election gimmick to win elections. Will this practice end poverty
in India? The answer is negative because although the money supply has
increased, the number of goods in the economy hasn’t increased in the same
proportion. It will lead to inflation as too
much money is chasing a few goods. The wheat that was sold at Rs
100 will now sell at Rs 1000 (hypothetical amounts).
If we
want to cope with this situation, there are two ways
Either increase the supply of wheat (can be done by the government by asking FCI to overflow the market with wheat) or
Reduce the supply of money (can be done by RBI via Monetary Policy)
What can RBI do to control inflation or deflation?
The Central Bank of the nation formulates monetary policy to control the money supply in the economy.
Objectives of monetary policy can be (depending on the economy)
Control inflation
Accelerating the growth of the economy
Exchange rate stabilization
Balance savings & investments
Generating employment
Monetary policy can be
1. Expansionary
Expansionary Monetary Policy increases the total money supply in an economy.
E.g.
In 2008, all countries, including India, used this to beat the recession.
During the Covid crisis, all the countries, including India, used this to spur the demand in the economies.
Traditionally Expansionary Monetary Policyis used to combat unemployment in a recession by lowering the interest rate.
2. Contractionary
Contractionary Monetary Policy decreases the total money supply in the economy.
E.g.
2010 onwards, India & many other countries used it.
Post Covid Crisis, almost all the countries, including India, used it to remove excess liquidity from the economy.
Traditionally Contractionary Monetary Policyis used to combat inflation in the economy.
When is the Monetary policy announced in India?
1. Till 1988-89
It was
announced twice a year according to
agricultural cycles
Slack
season policy
April
-September
Busy
season policy
October
-March
2. After 1989
Since the economy became more dynamic, RBI reserved its right to alter it from time to time, depending upon the state of the economy.
Additionally, the share of credit toward industry has increased, which was earlier dominated by agriculture. So aligning the Monetary Policy with agriculture doesn’t make sense.
The major policy was announced in April & reviews took place every quarter. But within a quarter at any time, RBI could make any major change in policy depending upon the need.
3. Now
Changes can be made at any time when RBI feels but announced necessarily after two months.
Before proceeding
further, we will look into the concept of Net
Demand & Time Liabilities(NDTL)
Demand Liabilities
Time Liabilities
Demand liabilities are those liabilities on the banks which depositors can demand at any time.
Time Liabilities are those which mature after some time. If withdrawn before that, then some penalty is charged.
Demand Liabilities are more liquid as the depositor can easily convert them into cash without penalty.
Relatively less liquid as a person will have to pay the penalty if withdrawn before the maturity.
Consist of money deposited in Current Account & Saving Account
Consist of money deposited in 1. Fixed deposits 2. Recurring Deposits 3. Cash Certificate 4. Staff security deposit
Banks pay less interest on demand liabilities.
Banks pay more interest on demand liabilities. (= people tend to place money here because of more interest)
The sum of both
Demand & Time Liabilities is known as Net Demand & Time Liabilities.
1. Reserve Ratios
1.1 Cash Reserve Ratio (CRR)
CRR is the percentage of public deposits (Net Demand and Time Liabilities (NDTL)) that banks have to keep with the RBI in cash at any point in time. Usually, RBI doesn’t give any interest in this.
Present Rate (Feb 2023): 4.5% of Net Demand and Time Liabilities
1.2 Statutory Liquidity Ratio (SLR)
SLR is the percentage of NDTL that banks must maintain with themselves in the form of specified liquid assets (like cash, gold & government securities, or RBI-approved securities) at any point in time.
It is mandated under RBI Act.
SLR applies to all Scheduled Banks, Non-Scheduled Banks, Cooperative Banks and NBFC deposit-taking. RBI can prescribe different levels for each.
Although not used as Monetary Policy Tool, but if decreased, a large amount of capital is infused into the economy.
Present Rate (Feb 2023): 18% of Net Demand and Time Liabilities
Trends of CRR and SLR
Note: Previously, CRR & SLR were very high (53% combined). As a result, banks had significantly less money to lend. It impacted the Indian Economy because the rate of loans was high, and businesses were not expanding. It was one of (the many) reasons for the 1990 Balance of Payment Crisis. Narasimhan Committee & other experts recommended reducing this. As a result, it was gradually reduced.
CRR Trends
The RBI’s move to hike the CRR by 50 bps resulted in a withdrawal of primary liquidity to the tune of ₹87,000 crore from the banking system.
SLR Trends
Use of CRR and SLR
CRR and
SLR can be used to fight Inflation and Deflation
Inflation Fight
Deflation Fight
Method
Tight |
Dear Policy
Easy |
Cheap Policy
CRR, SLR
Increase
Decrease
They
also act as security in case of bank runs.
Side Topic: What are G-Secs?
Concepts like Repo, Reverse Repo and Open Market Operations involve the concept of G-Secs (or Government Securities). Hence, we will first deal with the concept of G-Secs.
When the Government wants extra money to fund its projects, it asks RBI to arrange it (as RBI is the Government’s Debt Manager). The Government gives the required cash to the Government and prints equivalent Government Securities (G-Secs).
Government Security (G-Sec) is a tradeable instrument issued by RBI on behalf of the Central Government or the State Governments. It acknowledges the Government’s debt obligation. It promises that Government will pay interest of x% to the holder for y years and pay principal at the end of tenure.
Now RBI can use these G-Secs for various operations. E.g. to absorb the excess liquidity from the market etc.
In India, the Central Government can issue Treasury Bills (or T-Bills) and Dated Securities, while State Governments can only issue Dated Securities to raise funds.
Types of G-Secs
1. T- Bills
T-bills are the short-term debt instruments issued by the Union Government. Presently, they are issued in three tenors, i.e., 91-day, 182-day and 364-days.
They are zero-coupon securities, i.e. Government pays no interest. Instead, they are sold at a discount on face value and redeemed at face value.
2. Dated G-Secs
Dated G-Secs have a fixed interest rate on the face value and a tenor ranging from 5 to 40 years.
In this, Bank borrows immediate funds from the RBI for the short term (up to 14 days) with Government Securities as collateral and simultaneously agrees to repurchase the same Securities after a specified time at a specified price. For example, when a bank borrows, it will give its securities worth, say, ₹ 100 crores, & agree to repurchase it back at a rate of ₹ 104 crores ( if the repo rate is 4).
The amount that can be borrowed under this facility is: From 5 crores to unlimited.
All Banks, Central & State Governments and Non-Banking Financial Institutions are eligible for Repo Operations.
But during the whole operation, the Bank has to maintain its SLR, i.e. Collateral securities can’t be from the SLR quota.
Present Repo Rate is 6.50% (Feb 2023)
Recent Trends
RBI was reducing the rates during the Covid pandemic to spur economic activity. RBI has kept the Repo Rate at 4% to increase the demand in the market.
But Easy Money policy led to excessive liquidity in the economy. Additionally, Russia-Ukraine War increased the price of commodities, especially oil and food grains. Hence, RBI changed its stance and started to increase the Repo Rate to remove excess liquidity from the economy.
Suppose the Bank is in dire need of cash but doesn’t have spare securities. Under such conditions, the Bank can borrow overnight under MSF without any collateral. But they will have to pay 0.25% higher than Repo Rate (say as punishment)
MSF= Repo + 0.25%
(Presently (as of
Feb 2023) = 6.75%)
Only Scheduled Commercial Banks can avail this facility within a range of a minimum of 1 crore & Maximum of 1% of Net Time and Demand Liabilities.
It helps to solve short-term crunch.
It is also necessary because Repo operations are limited to a specific period during the day.
2.3 Reverse Repo Rate
In this, RBI takes money from banks & gives them securities (opposite of the Repo Rate) (explained in the Infographic below)
RBI pledges securities in the form of G-Secs.
All clients eligible in the Repo rate are eligible here as well.
The current Reverse Repo is 3.35%.
2.4 Standing Deposit Facility (SDF)
Timeline
2013: Urjit Patel Committee on Monetary policy proposed a standing deposit facility (SDF)
2018: The government included Standing Deposit Facility as a Monetary Policy Tool
Policy corridor is the difference between Marginal Standing Facility (Repo + 0.25%) and Standing Deposit Facility (Repo-0.25%)
The formula has changed recently,
Before April 2022: Policy Corridor = total width between MSF <—> REPO <—> Reverse
After April 2022: Policy Corridor = Total width between MSF <—> REPO <—> SDF
Hence, SDF has replaced the Reverse Repo Rate as the floor of the Policy corridor.
2.4 Bank Rate
Bank Rate is the interest rate at which the central bank lends for the long term to commercial banks.
No collateral is required under these operations.
Presently: 6.75% (Feb 2023) (although Bank Rate = MSF, but both are declared separately)
Although RBI doesn’t use this tool to control the money supply,
if it does, the same theory applies here as well.
Inflation Fight
Increase
Bank Rate
Deflation Fight
Decrease
Bank Rate
It is not the primary tool to control the money supply these days but acts as a penal rate charged to banks for shortfalls in meeting their reserve requirements. How is it done?
If a bank is not maintaining its SLR or CRR, it is fined a penalty on whatever amount is less than the amount to be maintained. Rate Charged is determined as:-
First time: Bank rate +3%
Second Time: Bank Rate +5% and so on
3. Open Market Operations (OMO)
In Open Market Operations (OMO), the Central Bank (RBI) buys and sells Government Securities to influence the money supply in the economy.
It is different from Repo and Reverse Repo Rates because there is no promise by either party to repurchase it back. RBI will pay the interest rate to the holder of the security, but there is no repurchasing agreement.
How does the government use this to control the money supply?
Case 1: When there are inflation trends in the market, RBI issue these securities. Banks buy these securities & the money supply decreases.
Case 2: When the government wants to increase the money supply, it starts buying these securities at a high price.
Why do banks go for OMO, although there are no compulsions on this?
A lot of money keeps on lying idle with banks. Banks don’t earn any interest on that. Hence, investing those in govt securities & earn ~8% interest on them is a better option.
Dollar-Rupee swap
To manage liquidity in the market, RBI has developed a new tool. It was started in 2019.
Under this, RBI purchases dollars from banks in exchange for rupees.
Increasing liquidity = Buy $ from Banks and give them ₹
Decreasing liquidity = Give $ to Banks and take ₹ from them
For example: In March 2022, RBI conducted a swap of $5 billion by infusing dollars and sucking rupees equivalent to $5 billion from the Indian economy.
Incomplete Transmission of Rate Cut by Banks
Monetary policy transmission refers to how changes in the RBI’s policy rates (such as Repo) lead to commensurate changes in the rates of Interest of the Banks.
Issue
Earlier, when RBI decreased Repo Rate, Banks didn’t reduce their interest rates proportionately.
Why don’t banks transmit Repo Rate cuts to borrowers?
1. Banks don’t depend on RBI
In India (& all developing countries), RBI is not the primary source of money for banks. Ordinary people are the main supplier(mainly because people don’t have many options to invest money in alternate investment facilities, e.g. mutual funds etc.)
2. Small saving schemes rate not reduced
High small savings rates also limit transmission as banks worry that if they cut their deposit rates, customers will flee to small savings instruments such as PPF, NSC etc.
3. High Statutory Liquidity Ratio
Significant money must be kept idle as SLR, which banks can’t lend. It reduces their ability to pass the benefit to consumers.
4. Banks increasing their Spread
Due to losses incurred by banks due to high NPAs, banks increased their Spread to maintain their profits in absolute terms.
5. Higher NPAs
Indian banks face the issue of huge NPAs, which reduces banks’ profitability.
To deal with the inadequate transfer of Repo Rate cuts by banks to borrowers, RBI Came up with MCLR and External Benchmark Rate System.
External Benchmark System
How Banks decide their Interest Rate: Timeline
1969
The government began nationalising private banks and ‘administered interest rates‘ on them.
1991
M.Narsimhan suggested deregulation: Government should not dictate/administer individual banks’ interest rates & RBI should only give a methodology to banks.
2003
RBI introduced Benchmark Prime Lending Rate (BPLR).
2010
RBI introduced the BASE Rate + Spread system; update frequency was at individual banks’ discretion.
2016-17
RBI introduced the Marginal Cost of Funds based Lending Rate (MCLR) +Spread system. – Banks to calculate the lending rate on a monthly basis. – Lending Rate to be calculated using of CRR Cost, Operating Cost, and Marginal cost of funds (calculated using Repo Rate) (don’t need to go into detail. Just remember, MCLR has Repo Rate as a component in it).
Benefits? – Better transmission of Monetary Policy. – Transparency & accountability to borrowers.
RBI’s Janak Raj internal study group (2017) showed MCLR did not yield all benefits. So banks keep on increasing Spread based on their discretion.
Hence, a new method was introduced.
External Benchmark System
Applicable from April 2019 (on recommendations of Dr Janak Raj Committee).
All New Loans are to be linked with the External Benchmark system.
In this system
Banks have been asked to choose any of the following 4 benchmarks like
Repo rate or
91-day T-bill yield or
182-day T-bill yield or
Any other benchmarks by Financial Benchmarks India Pvt. Ltd.
It has to be updated at least every 3 months.
The Lending Rate of the Bank will be External Benchmark + Spread (e.g. if Bank choose Repo Rate as External Benchmark, then Interest Rate will be Repo Rate + Spread)
Benefits?
Better transmission of Monetary Policy.
Better transparency and accountability.
Qualitative / Selective / General tools
These measures are used to regulate the money supply in specific sectors (i.e. these are sector-specific measures).
1. Marginal Requirements/LTV (Loan to Value)
If Spice Airlines wants to borrow money from SBI and pledges ₹100 crore collateral but RBI prescribe a margin (Loan to Value ratio) of, say, 65%, then SBI can give only a 65 crore loan.
It is obligatory for SBI to obey the directives of RBI in this context (unlike the base rate)
Hence, it is a Selective & direct tool.
2. Consumer Credit Regulation
In this, RBI can make various regulations on credit.
E.g
Increase down payment from 10% to 30% (it will force some people to delay buying vehicles financed through bank loans).
Decrease the least EMI for the automobile sector, say, from ₹ 5,000 to 3,000.
3. Selective Credit Control
In this, RBI can instruct banks not to extend loans to a particular sector (Negative / Restrictive Tools) or give a minimum %age to a particular sector (positive).
These are Qualitative and Direct Tools.
Negative Restrictions
3.1 Ceiling to big loans
It was operational from 1965 to 1989.
Under this, all Commercial Banks had to obtain prior approval from RBI before giving loans greater than ₹ 1 crore to a single borrower.
3.2 Ceiling on Non-Food Loans
It started in 1973.
To boost Green Revolution
So that more loans go towards the agriculture sector
These tools were used before LPG Reforms, but they weren’t effective because these can be easily flouted using loopholes.
Positive Restrictions
3.3 Priority Sector Lending/Rationing
Rationing is the main feature of the communist economy. E.g. in the Soviet Union, they used to make provisions like giving a particular amount of loan to a specific sector. PSL is a form of Rationing.
PSL means giving a specific minimum amount of loans to some Priority Sectors. In India, 40% of loans are given to Priority Sectors.
Government can increase the supply of money to that sector by increasing its limit.
4. Moral Suasion
Moral Suasion is “persuasion” without applying punitive measures. RBI governor tries this tactic via conferences, informal meetings, letters, seminars, convocations, panel discussions, and memorial lectures.
Eg
Please reduce giving automobile loans instead; invest your money in government securities.
I have reduced the repo rate; now, you also decrease your base rate.
It is not obligatory on the part of the Bank to follow orders, but generally, they do follow.
5. Direct Action
RBI can take direct action against any bank for going against the rules. RBI gets this power under the Banking Regulation Act, RBI Act, Foreign Exchange Management Act, Prevention of Money Laundering Act etc.
E.g., if Bank is not maintaining CRR or SLR, RBI can scrap its license.
This article deals with ‘Money Supply .’ This is part of our series on ‘Economics’ which is an important pillar of the GS-2 syllabus. For more articles, you can click here.
Introduction
It is the total stock of all types of money (currency and deposits) held by the public at any time. The term public includes all economic entities other than the government and banking system.
Factors affecting Money Supply
Season
For example, during November & April, crops are harvested, and industries also buy their raw material leading to more money in the hands of a farmer. Hence, the Money supply will increase.
– Money supply decreases with higher taxation and the sale of G-sec and vice-versa.
People’s choice
– If people deposit more of their income in banks (instead of storing it in their lockers), the bank can expand loans. The money supply rises in such cases.
Monetary policy
– If RBI follows a dear money policy = the money supply decreases. – If RBI follows a cheap money policy = the money supply increases.
Why should we measure the money supply?
The job of RBI is to control inflation through qualitative & quantitative tools (i.e. Repo Rate, Cash Reserve Ratio etc.)
But for this, RBI must first know how much money supply is in the system. Only then RBI can make a policy to control the money supply.
Types of Money
M0 (Reserve Money or High Powered Money)
It is the total stock of currency held by the public and banks.
Mo is the base for creating a Broad Money supply (M3)
Mo is the sum of the following things
Currency held by the Public and Banks
Bankers’ deposits with RBI plus
Basically, it is the Total Currency Printed by RBI. RBI prints money equivalent to bonds or G Secs it gets from Government.
M1 (Narrow Money)
M1 includes
Currency with public
Demand deposit in all banks (i.e. Deposit in the current account and savings account)
Basically, it denotes a situation when a person has money; he can do two things to maintain liquidity. He can keep that money in its hard form or deposit it in the bank in a Current or Savings Account (not a Fixed Account).
M2 (Narrow Money )
M2= M1 + Demand Deposits in Post Office
M2 includes
Currency and Coins with public
Demand deposit in all banks
Demand Deposits in Post Office
M3 (Broad Money or Money Aggregate)
M3 = M1 + Time deposits with Commercial Banks
M3 includes
Currency and Coins with public
Demand deposit in all banks
Time deposits with banks
M3 is most commonly used to measure money and is regarded as the primary indicator of money supply in the economy.
M3 is the Net Demand and Time Liabilities (NDTL).
M4 (Broad Money)
M4 = M3 + total Post office Deposits
M4 includes
Currency and Coins with public
Demand deposit in banks
Time deposits with banks
Demand deposit in post-offices
Time deposits with post-offices
Ranking of Liquidity
Liquidity
is the ease with which an asset can be converted into cash.
Name
Liquidity
Liquidity Rank
M1
highest
1
M2
less
than M1
2
M3
less
than M2
3
M4
lowest
liquidity
4
Liquidity Ranking : M1 > M2 > M3 > M4
Money Multiplier
Before looking into the concept of Money Multiplier, we will look at the concept of the velocity of Money Circulation.
Side Topic: Velocity of Money Circulation
The
average number of times money passes from one person to another during a given
period.
Factors affecting Velocity of Money Circulation
Low financial inclusion means less velocity because banking penetration is low. People tend to save more on physical assets. Hence, money doesn’t change hands much.
Poor people immediately use their money. Hence, cash in the hands of the poor has a higher velocity.
Booming period = higher velocity.
If more people use EMI loans for purchases, the velocity is high.
Money Multiplier – 1st Approach
The Money Multiplier is the Ratio of Broad Money & Reserve money, i.e. M3 / Mo
M3 = Mo X Money Multiplier
Its value depends on the credit creation capacity of banks, which depends on the following
Banking habits of the public
Monetary Policy
In India, Money Multiplier generally revolves around 5. So, for example, in Dec 2021, India’s Money Multiplier was 5.3.
Money Multiplier – 2nd Approach
Money
Multiplier is 1/R (R= Cash Reserve
Ratio)
Explanation of the above formula?
Consider a situation
in which a Person deposited ₹ 100 hard currency in the bank. Let’s assume that
Cash Reserve Ratio (CRR) fixed by RBI is 10%. First Bank will keep aside ₹10
& give ₹90 as a loan to some person. Then the person who got the loan again
paid another person through the bank by depositing money in the person’s bank
account. This bank will keep ₹9 (10% of 90) aside and give 81 as a loan to some
other person. And the game keeps on going like this. So, ₹ 100 printed by the
RBI generated a value of ₹ 1000 (i.e. 100 X (1/10%)) if the CRR was 10% and
money was used through the banking system up to its full potential.
Note: Presently, Money Multiplier is around 5. But considering the 4.5% Cash Reserve Ratio, it should be 22.22.
Reason for low Money Multiplier than theory
Since Financial Inclusion is low, there might be a case that either banks have money, but people are not available to take loans, or people cannot keep their money in banks.
Along with that, Banks aren’t always willing to give loans.
Significant cash in India is stored as Black Money and is never stored in Banking System.
This article deals with ‘Reformist Movements– UPSC.’ This is part of our series on ‘Modern History’ which is important pillar of GS-1 syllabus . For more articles , you can click here
Introduction
Main reason why Britain emerged as powerful nation was it
accepted modern civilization first among all nations . But in India , intentionally they followed the policy
to stall the change
in society . Changes did occur & Indian society did try to change but
not due to British policies but due to efforts by some progressive Indians
These efforts happened first in Bengal because it came under British control
first . First lot of Indians who studied in Western English knowledge were
also created in Bengal at the end
of 18th Century. New intellectual stirrings created reformed mentality . They didn’t reject Indian tradition but sought to change certain
unreasonable aspects of Hindu society which didn’t conform to their
rationalist ideas.
Later , British officials also joined the race & this provided legitimacy to the reform
agenda of the Utilitarian reformers like Bentinck .
But problem was , this
mentality was confined to a
small circle of English Educated elite. Series
of reforms followed but they remained on paper . They faced problem
because they never attempted to develop modern social consciousness from
below . They should have followed ‘bottom up approach’ instead of
‘top down approach’
. Reform forced from above remained
ineffective .
Untouchability as an issue of social reform had to wait
until the beginning of the twentieth century and the arrival of Mahatma
Gandhi in Indian public life after World War One .
Lacking in a broad social
base, the reformers of the early nineteenth century thus exhibited an
intrinsic faith in the benevolent nature of colonial rule and relied more
on legislation for imposing reform from above. There was very little or no attempt to create a
reformist social
consciousness at the grass-roots level, where religious
revivalism later found a fertile
ground.
The reform movement broadly fell under two categories
Reformist Movement
– Eg : Brahmo Samaj, Prarthana Samaj & Aligarh Movement – Relied on reason & conscience. They wanted to purge outdated elements from the religion which didn’t pass on the scale of reason .
Revivalist Movement
– Eg : Arya Samaj, Ramakrishna Mission & Deoband Movement – Relied upon traditions & wanted to go back to their self made golden past
Side Topic : Why Britishers tried to reform Indian Society in 19th Century?
There were various reasons for this
Several ideological influences in Britain, such as Evangelicalism, Utilitarianism and free trade
thinking.
For renewal of Charter of company
Pro socio-religious reform
thrust in contemporary England => because Progressive Whig Party came into power back in
Britain.
Role of Christian missionaries was also noticeable.
But the Company’s government was still tentative about interfering
for fear of adverse Indian reaction unless a section of the Indian society was
prepared to support reform. Such a group was soon to emerge through the
introduction of English education
Status of Woman &Civilizational Critique
Status of woman
became the main focus of the reforming activities of colonial state as
well as educated Indians
At that time, way in which civilisations were ranked , position of
woman was one of the important criteria & here Indians
were increasingly under attack by western observers from missionaries to
civilians . Indian civilisation was
despised because it assigned such a low status to women .
Hence, Indian Intelligentsia
responded to this civilisation critique by advocating & supporting reforms to
improve status of woman in Indian society.
But such reforms remained very
restricted to only few women belonging to high class because women remained recipient of male patronage & never became involved in
these reformist projects as conscious
subjects of their own history .
Upper Class Women vs Peasant Women
Peasant woman
were better compared to Upper caste woman during that time
They didn’t practice Purdah
System , Right to Remarry was there
& Sati was also not that widespread among Peasant class unlike
Higher caste
Reformist Movements
We have seen the reasons why Social Reform movements were started in India. Now we will look in detail into one strand of these movements known as Reformist Movements .
Features of reformist social movements
a. Confined only to narrow social group
Reformist spirit appealed only
to a small elite group who were primarily the economic & cultural
beneficiaries of the colonial rule
.
In Bengal
– Small number of western educated elite known as Bhadralok – Socially they were mostly Hindus & although caste wasn’t a major criteria for membership, they were mostly higher caste Brahmin, Kayastha & Baidya
Western
India
– Members of Prarthna Samaj were mainly English educated Chitpavan & Saraswat Brahmins along with Merchants from Gujarat
Indeed the high caste character of the early 19th century
explains to a large extent the relative
silence on caste question & untouchability which had to wait till Gandhi
b. Faith in benevolent nature of colonial rule
They had great faith in the
benevolent nature of colonial rule & infact existence of these classes
depended on Colonial rule .
Because of faith , they relied more on legislation for imposing
reform from the above
c. Colonial Character of the reforms
Dominant colonial
assumption was religion
was the basis for Indian society &
this religion was encoded in the scriptures . Social evils
were thought to be result of the distortion
of scriptures by self seeking people , in this case the cunning Brahmins who
had the monopoly over this textual knowledge .
Civilising
mission of the colonial state thus seen to lie in giving back the natives
the truth of their own little read & even less understood shastras .
Whole debate over
Sati was grounded in scriptures & its abolition was not based on fact
that it is morally & ethically
wrong but when government was convinced that custom was not enjoyed by the
scriptures .
As the colonial rulers gave supreme importance to scriptures, the Indian reformers too, as
well as their detractors, referred to ancient religious texts to argue
their respective cases. The brutality or the irrationality of the
custom, or the plight of women, whom the reform was intended for, were
lesser concerns in a debate
Note : The intellectuals did not however attacked the social system as a whole; their attack centred only on the perversions and distortions that had crept into it. They did not advocate a sharp rupture in the existing social structure of the country. They did not stand for structural transformation; changes were sought within the framework of the very structure. They were advocates of reform and not revolution.
Social problems and Reformist efforts to reform them
a. Female Infanticide
It was most common in Western & Northern India .
There landowning high caste families , practising hypergamy found it difficult to find suitable grooms for their daughters or pay high demands of dowry . Hence, they killed their female offsprings at birth .
British authorities tried to persuade them & after 1830 sought to coerce them to desist from practice but no tangible effect was observed.
In 1870, Female Infanticide Act was passed . But even after that, condition didn’t change because abject neglect of female children resulted in high mortality .
b. Sati Abolition
Sati Abolition was the
greatest achievement of Lord Bentinck .
Sati is self immolation of
wife on funeral pyre of dead husband.
According to social
reformers , it has always been there much the exception rather than a rule
in Hindu life & during Mughal period, it was practiced in Rajputs & Kingdom of Vijayanagara . But during British period, it revived on much larger scale
& experienced highest rate of development.
Reasons for practice of Sati
Earlier it was practiced by Upper Caste
Hindus but during
British rule, it started in peasant
families of lower & intermediate
caste who achieved social mobility & then sought to legitimize their new status by imitating their caste superiors.
Greed of the relatives – Child marriage was widespread at that
time & many a times bride who has not even lived with groom was forced
to perform Sati in order to get property of that man.
Sati was widespread in areas where Dayabhaga school of personal Hindu law was applicable . Areas where ] Mitakshara
school was
applicable, it was less prevalent because Mitakshara
school gives lesser rights to wife to inherit property
Campaign against it
First started by Christian Missionaries
But very strong campaign under
Raja Rammohan Roy gave real momentum
Finally in 1829 , Governor
General Bentinck prohibited
Sati by Govt Regulation Act XVII. Pressure was also put by the Court of Directors because they wanted to present credible image of Company’s rule in India in the
British Parliament
before renewal of Charter
pending in 1833.
Although it reduced very much after that but
the idea & myth of Sati persisted in popular
culture & was continually reaffirmed through epics, ballads & folktales
. Case
of surfaced even in 1987 ( Roop Kanwar Case of village Deorala in Rajasthan).
c. Widow Remarriage
Main protagonist was Ishwarchandra Vidyasagar . But he too, like Raja
Rammohan Roy looked to colonial state for piece of legislation for
this .
In 1856 , Hindu Remarriage Act was passed but
this couldn’t make the
practice socially acceptable . Along with that, Act was intrinsically
conservative in nature because on remarriage , widow
disinherited her deceased husband’s property .
Movement ended with its
unavoidable death . Vidyasagar failed to see widows remarried because this
needed social consent which could
not be generated by piece of legislation .
Practise of Widow Remarriage
remained rare & exceptional among the educated class &
within few years taboo universalised & penetrated to lower castes.
Western India
1860s : Movement to
promote widow remarriage spread among educated class & debate became sharp between reformers &
detractors.
1866 : Vishnushastri Pandit started a Society for
Encouragement of Widow Remarriage while opponents started rival
organisation .
Movement ended in whimper . By end of century only 38 such marriages happened & in that cases
too couples were subjected to enormous social pressure & ostracism .
Madras Presidency
In Telegu speaking
areas , movement was started by Veersalingum Pantulu . In 1878 , Society for
Social Reforms was founded by him for this.
1881 : first widow remarriage
officiated by him in 1881 in face of stiff opposition but till 1891 ,
support increased & he formed Widow Remarriage Association with
patronage of prominent citizens .
North India : Haryana
Here practice of widow remarriage was already
there& new act provided
such marriage with legitimacy & further social acceptance
d. Child Marriage
Vidyasagar continued his campaign against Polygamy & later
Child Marriage .
In 1860 , finally he was able
to secure an Age Of Consent
Act, 1860 that fixed age of
consent for consummation of marriage at 10 years which was raised to 12
years in 1891.
But census showed that it
continued to be practiced widely among all castes.
e. Thugee
Variousperipatetic groups
were stereotyped into the colonial construct called Thugs who were believed to have
been members of a fraternity traditionally involved in robbery & ritual killings in the name of religion
Campaign against thugee was
initiated in 1830s by Lord Bentinck
Thugee Act (XXX) , 1836 was passed & Thugee
Dept. was created
for prosecuting gangs seen as perpetrating a crime in the name of religion
but it’s elimination proved to be a difficult task.
In 1839 , Sir William Sleeman as head of Department claimed that
thugee had been exterminated but in reality he begun to realise difficulty
in doing this and it was just a face-saving measure.
f. Slavery
Laws were even more
ineffective against less organised social customs that remained part of
everyday life from centuries .
Slavery was such an example .
Slavery was abolished in Britain in 1820 & in India too Charter of 1833 instructed government to abolish slavery & Parliamentary pressure
continued till it was abolished .
But
problem was, they tried to see slavery
in India through lens of their British idea of Slavery but in India where
agrarian relations were complex & marked by numerous structures of
labour dependencies it was almost impossible to stop it
Process was failure in India
Bengal Renaissance
Renaissance literally means ‘rebirth’. It refers to the revival of Graeco-Roman (classical) learning in 15th-16th century after long winter of dark ages. In Indian context , intellectual revolution that took place in the nineteenth century in the fields of philosophy, literature, science, politics and social reforms is often known as Indian Renaissance. An important part of this Renaissance was reforming Hinduism from within on the basis of Post Enlightenment Rationalism.
Very much like the Italian Renaissance, it was not a mass movement; but instead restricted to the upper classes.
Response of the educated Indian elite to civilisational critique was to reform Hinduism from within, in the boundary of post enlightenment rationalism . Such phenomenon is known as Bengal Renaissance
Movement was started in Bengal by Raja Rammohan Roy who is often described as Father of Modern India .
Raja Rammohan Roy(1772-1833)
Personal life
He was Hindu Brahmin and was born in Hooghly ,Bengal
He fought against the stagnant
society .
He was one of those upper caste
gentry whose power & position had been enhanced by Permanent
Settlement &
other opportunities opened by the Colonial rule.
He studied Persian and Arabic at a Madrasah in Patna . He was proficient in Arabic,
Persian, Sanskrit & European languages like English, French, Latin ,
Greek & Hebrew
At a time when Bengali youth
under the influence of western learning was drifting towards Christianity,
Roy proved to be the champion of Hinduism . Although, he defended Hinduism against the hostile criticism of the
missionaries , he sought to purge Hinduism of the abuses that had crept
into it.
Then he studied Vedantic monism & after his migration to Calcutta in 1815, he was exposed to the Christian
Unitarianism . Such intellectual influences motivated him to contest the
missionary claim of superiority of Christians . His answer to this was to reform Hinduism using reason by going back to its purest form
as enshrined in Vedanta
texts
Raja Rammohan Roy accepted the
concept of ‘One God’ as propounded by Upanishads . For him God was shapeless , invisible & omnipresent but the
guiding shape of the universe . He declared his opposition to idol worship
& was of view that worship to be performed through prayers &
meditation & readings from Upanishads . He translated Upanishads into Bangla to demonstrate
that ancient Hindu scriptures themselves propagated monotheism
He published his first philosophical work, Tuhfat-ul-Muwahhiddin
in 1805 in which
he analysed the major religions of the
world wrt ‘reason’ and ‘social comfort’. He denied that religion was merely a matter of
faith outside reason and attempted to expose the myth of miracles associated with it.
Later, he started English Hindu college at Calcutta in 1816
He was great exponent of the
Bengali language .
He also
started Persian
newspaper MIRAT UL AKHBAR ( mirror of news) and Bengali newspaper Samvad Kaumudi.
He was given the title of Raja by
Mughal Emperor Akbar II , who sent him to England
in 1831 as Ambassador of the king to ensure that Bentinck’s Regulation of
banning the practice of Sati is not overturned and also to overturn
the decision to make Mughals
Princes & taking royal titles from them
He died there at Stapleton
,Bristol in 1833 (due to Meningitis)
Social ideas
Worked for the emancipation
of the women
Sati System was abolished on
account of his efforts . Government passed Anti Sati legislation in 1829
declaring sati as a criminal offence
He condemned polygamy, early marriage and opposed
the subjugation of women and their inferior status in society. He related their problems to
the root cause of absence of property
rights. To him, female
education was another effective method to free Indian Society from social
stagnation
To propagate his message
against Sati he started a Bengali newspaper SAMVAD KAUMUDI (moon of
intelligence )
Worked against the rigidity of
the Caste System
Education
He favoured
maximum age of Civil services to be 22 years
Favoured Jury system
Founded Hindu College(1817) along with David Hare , Radhakant Deb,
Maharaja Tejchandra Ray of Burdwan , Prasan Kumar Tagore , Babu Budhinath
Mukherjee & Justice Sir Edward Hyde ( Hindu College later became Presidency College( in
1855) & Presidency
University (in 2010)
He
supported Macaulay in favouring English language
In 1825 , he started Vedanta College which offered both
Indian & western knowledge
He also compiled Bengali
Grammar
Political views
He raised not only social issues but political and economic issues too
He stood for
Indianisation of services
Trial by jury
Separation of Powers between the executive and the judiciary
Freedom of the Press
Judicial equality between Indians and Europeans
Criticised the Zamindari System for its oppressive practices
He was progenitor of nationalist consciousness, and ideology in India. His every effort of social and religious reform was aimed at nation-building.
In particular, he attacked the rigidities of the caste system which, according to him, had been the source of disunity among Indians. He held that the monstrous caste system created inequality and division among the people on the one hand, and ‘deprived them of patriotic feeling‘ on the other.
Rammohan was an internationalist, libertarian and democrat in his orientation. He took active interest in international affairs and wanted amity among nations. His concern for the cause of liberty, democracy and nationalism led him to cancel all his social engagements when he came to know of the failure of the Revolution in Naples in 1821. By giving a public dinner, he celebrated the success of the Revolution in Spanish America in 1823.
Newspaper and Books
Roy started following newspapers and pamphlets
Sambad
Kaumudi – Bengali Newspaper
Mirat ul
Akhbar – Persian Newspaper
Pamphlet
– An Exposition of Revenue &
Judicial System in India (urged government that administration & judiciary
should be separated among other things )
Along with that , he wrote following books
Gift to Monotheists (1809)
Percepts of Jesus (1820)
Tuhfat-ul-Muwahhiddin in 1805
Mahanirvana Tantra (1797)
Religious ideas
Propagated MONOTHEISM and Vedantic Monism.
He opposed the idol worship
Organisations
a. Atmiya Sabha – Calcutta
Started in 1815
It was a philosophical discussion circle
Discussed monotheism in Hindu Vedantism
It was also attended by Dwarkanath Tagore (Grandfather of Rabindranath)
Opposed worship of idols
Against rigidity of caste & meaning less religious rituals
He blamed the Brahman priests for perpetuating religious evils by keeping people ignorant about the true teachings of the scriptures.
b. Brahmo Samaj
Started as
Brahmo Sabha in 1828 (later became Brahmo Samaj)
Founded by Dwarkanath & Raja Rammohan Roy
Main Theme – rid Hinduism of its evils & preach
monotheism
Purpose was to purify Hinduism of all evils which
had crept into it
Opposed idolatry
It vehemently opposed Sati System.
Brahmo Samaj
Started at
Calcutta
Year
1828
By
Raja Ram
Mohan Roy & Dwarkanath Tahore
Works done by Brahmo Samaj
It propagated Monotheism (discarded the faith in divine Avataras) .
It was against idolatry and idol worship
It attacked Casteism & Untouchability
Any scripture could enjoy the status of ultimate authority transcending reason & conscience .
It took no definite stand on the Doctrine of Karma & Transmigration of soul & left it to the individual Brahmos to believe either way.
Worked for respectable position of the women in the society and for this
Condemned Sati
Favoured abolition of Purdah System
Discouraged Child Marriages & Polygamy
Crusaded for widow remarriage etc
After Roy’s death in 1833, the leadership of the Brahmo movement was taken over by Debendranath Tagore who provided the movement with a better organisational structure and ideological consistency
But the movement was actually taken out of the limited elite circles of Calcutta literati into the district towns of east Bengal by Bijoy Krishna Goswami and Keshub Chandra Sen in the 1860s.
Goswami bridged the gap between Brahmoism and the popular religious tradition of Vaishnavism
Sen’s specific focus was to reach larger numbers of non-Westernised Bengalis in the eastern Gangetic plains and to take the movement outside Bengal to other provinces of India
Schisms & other Developments
First schism in the Samaj in 1866
Brahmo
Samaj for India
– Led by more radical Keshav Chandra Sen, Anandamohan Bose & Shiv Narayan Shastri . – Reverted away from the Hindu components and accepted the teachings of all religions
Adi
Brahmo samaj
– Under Debendranath Tagore (Father of Rabindranath) – Remained in a more inclusive and Hindu sphere of influence
Basically, as Meredith Borthwick has shown, it was a schism between Keshav’s followers, for whom social progress and reform were more important than anything else, and the followers of Debendranath, who preferred to maintain their identification with Hindu society.This rift was, as it became clear soon, more about an identity crisis than about any fundamental difference of ideology: while some of the Brahmos wanted to define themselves as separate from the Hindus, others began to seek a position within the great tradition of Hinduism.
Second Schism in 1878
A band of Keshub Chandra Sen followers left him
On account of
Marriage of Sen’s minor daughter to Prince of Cooch Bihar
Also because he became devout follower of Ramakrishna and tried to bridge Brahmanism and Brahmo Samaj.
They Started Sadharan Brahmo Samaj and worked mainly for the social work & female education and famine relief . Consisted of Anand Mohan Bose & SN Shastri
Thus Brahmo samaj also contributed prominent nationalists who later formed the backbone of the moderate phase of congress
In 1881, Sen formed his Naba Bidhan (New Dispensation) and started moving towards a new universalist religion. But by this time , successive ideological rifts and organisational divisions had weakened the Brahmo movement, confining it to a small elite group.
Limitations
Limited to urban areas only
Lot of internal rivalries
Achievements of Brahmo Samaj
Abolition of
Sati : Pressure
was put by the samajis & as a
result Anti Sati legislation was passed
by Lord William Bentinck in 1829
Worked for
Abolition of the caste system and dowry system
Emancipation of the women
Improving educational system
Brahmo Samaj ultimately failed and emerged as sectarian religious order after continuous schisms but nevertheless , its achievements were huge
Rabindranath Tagore admitted the failure of Samaj but also recognised the very important role played by Samaj of providing a shock to static Indian society and made it to think on rationalist lines.
According to Bipin Chandra Pal , main impact of Samaj was on Political Culture . It was from Brahma Samaj that idea of free thinking individual emerged who would be able to absorb democratic & western ideals.
Henry Vivian Derozio & Young Bengal Movement
Derozio
(Anglo-Indian Teacher at Hindu
College) started Young Bengal Movement
At age of 17, he started Young
Bengal Movement.
He was much more modern than Raja Ram Mohan Roy.
He was a free thinker and a rationalist, helped promoting a radical & critical outlook among
his students who questioned authority, loved liberty and worshipped truth.
Most radical at that time
& was inspired by French Revolution
First
nationalist poet of Modern India
Derozians,
the followers of Derozio, were staunch rationalists; they measured everything
on the yardstick of reason. He organised debates where ideas and social
norms were freely debated. In 1828, he motivated them to form a literary
and debating club
called theAcademic Association.
In 1838, they formed ‘Society for the Acquisition of General Knowledge‘, where they discussed
various aspects of Western science, and stood for a number of social
reforms, such as the prohibition of caste taboos, child marriage, polygamy etc.
Young Bengal followed classical economics, and was composed of free traders who
took inspiration from Jeremy Bentham, Adam Smith, and David Ricardo.
They were passionate advocates of women’s rights and
demanded education for them.
He was dismissed from the Hindu College in
1831 because of his radical views, and shortly afterwards he died of
Cholera at the young age of 22.
Derozians
carried forward Rammohan’s tradition of educating the people in social, economic
and political questions through newspapers, pamphlets and public
associations. They carried on public agitation on public questions such as
the revision of the Company’s Charter, the Freedom of the Press, better treatment for Indian
labour in British colonies abroad, Trial by Jury, Protection of the Ryots
from oppressive Zamindars, and Employment of Indians in the higher grades
of government services.
Why they didn’t succeed?
Social conditions were not yet ripe for their
ideas to flourish. The common
people , who were not acquainted with those ideologies, considered
those young as arrogant.
Their total faith in the British and in
English education,
their rationalism and scientism derived from the west, set
them apart from the masses of Indians and they never succeeded in
organising any social movement in support of their proposed reforms.
Book by Derozio (GK for prelims)
To India – My Native Land
In this , he wrote about pain given by British rule
Debendranath Tagore
He was son of Dwarkanath
Tagore , father of Rabindra Nath Tagore and a close friend of Raja Ram
Mohan Roy .
In
1839 , he started Tattvabodhini Sabha to disseminate the knowledge of the Upanishads
Tattvabodhini Patrika
was the principal organ of the Sabha to propagate the ideas .
After death of Raja Rammohan
Roy, he became the main organiser of Brahmo Samaj.
In
1850 , he wrote book
called Brahmo
Dharma where he
Emphasised on monotheism
Supported rationality and
reject scriptural infallibility
Rejected Caste distinctions
and idolatry
Inspired his sons into reform movement ,most
famous being Rabindranath Tagore
He was part of Landholders Society and played important role in formation of British India Association
IC Vidyasagar
Introduction
His original name was
Ishwarachandra Bandopadhyay.
He was born on 26 September
1820 in the Paschim Midnapore District of West Bengal to impoverished Brahmin
parents.
During the period from 1829 to 1841, Ishwar Chandra
studied Vedanta, Vyakaran, Literature, Rhetorics, Smriti and Ethics in Sanskrit
College. And in 1839 the title ‘Vidyasagar’ was
conferred on him for his unusual talent.
In
1841, at the age of
twenty one years, Ishwar Chandra joined the Fort William College
as a head of the Sanskrit department. In 1851 , Vidyasagar became a professor and later on the
Principal of the Sanskrit College
Works toward Education
He firmly believed that the
regeneration of India was possible only through education.
His work was aimed at
extending the benefits of learning to common people. He stressed upon
instruction through vernacular language.
He
also opened the doors
of the colleges and other educational institutions to lower caste students,
which was earlier reserved only for the Brahmins. For his immense
generosity and kind-heartedness, people started addressing him as “Daya Sagar”
(ocean of kindness).
Having
spent his early life in village Ishwar Chandra could realize the sorrowful
condition of the womenfolk. He rightly believed that the emancipation of women
was not possible as long as they remained ignorant. Ishwar Chandra,
therefore, took
upon himself the task of promoting the cause of female education.
Pioneer in the women upliftment
Started girls schools in Bombay and Calcutta
Encouraged women to study in
the colleges
He also collaborated with Drinkwater Bethune in
establishing the Hindu Female School (at present known as Bethune School and College) in
1849.
Took
initiative in pushing the Widow Remarriage Act ,1856
Instrumental
in passing the Special Marriages Act of 1872.
Wrote book for women
emancipation titled BAHUVIVAH
Social Reforms
He initiated the concept of
widow remarriage and raised concern for the abolition of child-marriage
and polygamy. He demonstrated that the system of polygamy was not sanctioned by the ancient Hindu
Shastras.
He took the
initiative in proposing and pushing The
Hindu Widow Remarriage Act XV of 1856 in India during
Governor-Generalship Lord Canning.
Bengali Connoisseur
He brought a revolution in the education system of Bengal. In his book, “Barno-Porichoy” (Introduction to the letter), Vidyasagar refined the Bengali language and made it accessible to the common strata of the society.
Vidyasagar invented Bengali prose through translation as well as own writings.
Social Reform Movements in western India
Main reform movements in western India were as follows :-
Paramhans Mandali / Samaj
It was started in 1849
By Dadoba
Pandurang . Other
important leader was (Lokhitwadi)
Gopal Hari Deshmukh
It was first socio religious
movement of Maharashtra
Paramhansa Sabha’s principal
objective was the demolition of all
caste distinctions. Each new recruit to the Sabha had to undergo initiation ceremony, and take the pledge that he
would not observe any caste distinctions. He had to eat a slice of bread
baked by a Christian and drink water at the hands of a Muslim.
The Sabha was, however, a secret society; its meetings were conducted in the strictest
secrecy for fear of facing the wrath of the orthodox. The challenge to the
caste system and other social evils thus remained limited
to the participation of its few members only.
Prarthana Samaj
Paramhans Mandali’s
transformation into Prarthana Samaj was the direct consequence of two visits of
KC Sen to Bombay in 1864 & 1867
It was founded by Atmaram
Pandurang in 1867 inspired from the Brahmo Samaj & the main spirit
behind formation was MG Ranade who was ably assisted by KT. Telang
& Bhandarkar
All leading members
were Western educated Maratha Chitpavan Brahmins .
It’s ideology
was almost similar to
Brahmo Samaj
Preached Monotheism
Denounced
idolatry & priestly domination
Denounced
caste distinctions
Favoured Widow Remarriage
& raising age of marriage for both males & females .
Later they
connected themselves with Maharshtrian Bhakti Tradition .
Prarthana Samaj maintained
distinction from Brahmo Movement of Bengal & the most notable
distinction was they were moderate
& more accommodative. They didn’t signal a sharp break & this
gradualist approach made it more acceptable
It’s branches were opened in
Surat, Ahmedabad , Poona & reached even in South India where leader
was Veerasalingum Pantulu
It faced crisis in 1875 when
Swami Dayanand visited Gujarat & Maharashtra & offered
possibilities of a more radical & self assertive religious program
. A group of Samaj members under SP
Kelkar broke
& felt attracted to Arya Samaji ideology of Dayanand .
Side Topic : MG Ranade
He
was co-founder of Prarthana Samaj
He was a product of
the Elphinstone College, Bombay & was Judge of the Bombay High Court during 1891-
1901.
He held that the caste distinction was the main blot on Indian social system.
Under his guidance the
Paramhans Sabha was reorganised in 1867 under the name Prarthana
Samaj.
He was the founding
member of Indian National Congress , member of Bombay Legislative Council and
founding member of Indian
Social Conference (1887)
He was the editor of the Anglo
Marathi paper – Induprakash
Jyotirao Phule and Satyashodak Samaj
He was from Satara ,
Maharashtra
In 1873, Phule established the Satyashodhak Samaj, an organization for challenging Brahmanic supremacy.
He promoted women education along with his wife
Savitribai Jyotirao Phule by
opening women schools.
He also worked for widow
remarriage and to prevent female infanticide, he opened homes for newborn
infants.
He wrote book titled GULAMGIRI
Ideology of Satyashodak Samaj
It was against untouchability & caste system
It opposed idolatry and Brahmin’s role as intermediary between person
and god
Promotion of rational thinking
It also rejected Vedic
supremacy
Servants of India Society
Started by Gopal Krishna Gokhale in 1905
Aims
Create a
band of dedicated workers for nation building
Carry out
activities for the upliftment of Indians
Sri Narayan Guru & SNDP Yogam
Sri Narayan Guru was social
reformer born in 1854 in Kerala into
Ezhava family
He championed
bhakti for spiritual freedom
social equality
rejected casteism
Rejected divisiveness based on caste, religion etc
He was a pioneer reformer who rejected the caste system and stressed on the equality of man. He gave the universal message, “One caste, one religion, one God”
He was influenced by Vedanta.
He supported Temple entry movements.
Sri Narayana Guru condemned animal sacrifice
He urged the Ezhavas to leave the toddy tapping profession and even to stop drinking liquor.
Dr. Palpu, a devotee of Guru established the Sree
Narayana Dharma Paripalana Yogam (SNDP Yogam) in 1903 to further Narayana Guru’s message
This article deals with ‘Money.’ This is part of our series on ‘Economics’, which is an important pillar of the GS-2 syllabus. For more articles, you can click here.
Barter System
People
have been trading with each other even before the advent of money, coin, cash,
currency, rupee, dollar, euro or Yuan. They exchanged
goods and services with each other through the barter system. E.g.,
1 kg rice for 200 grams of tomatoes
1 kg tomatoes for 50 gm almonds and so on
Problems with Barter System
It can happen only with a Double-Coincidence of wants.
Search Cost / Cost of Transaction is high.
Don’t favour Division of Labour / Specialization: Due to the above problems, all persons will try to become Jack of all trades but master none.
Don’t favour Industrialization: Industrialists will have to find a large supply line with every person having a double coincidence of demands.
Don’t favour concentration of wealth: Since all the wealth is perishable. E.g., one can’t store tomatoes for an extended period.
The problem of Divisibility of Value: In Barter System, you cannot always divide the value to buy whatever you want.
Not always Fungible: In Fungible items, division & mutual substitution is possible, e.g. Gold bars, Currency Notes & Coins. But barter goods are not always fungible. E.g., if a diamond is cut into smaller pieces, the summation of all the smaller parts will not equal one bigger diamond. Hence, diamond isn’t fungible.
Benefits of the Barter System
Barter System promotes Joint Family
Food Inflation will be lower in Barter Economy compared to Money Economy.
Money
Money is anything that is generally accepted as a means of payment.
The money System was invented to answer the above limitations of the Barter System.
Money serves the following functions
a. Primary Functions
Measure of Value
Money serves as a measure of value. E.g., – Labour’s value in Money System is Wage – Land’s value in Money System is Rent
Medium of Exchange
– It is the medium of exchange because it has generalized purchasing power. – E.g., a person earns money from his labour, and that money is used to buy food.
b. Secondary Functions
Due to the above Primary Functions, it can be used for various Secondary Functions as well
Store of Value
– The value of labour paid in the form of money can be stored for later use – E.g., A person can store the value of his labour, i.e. wage, for later use.
Transfer of Value
– The value paid in the form of money can also be transferred to another place. – E.g., A person earning in Bangalore can transfer it to his Parents in Punjab.
Deferred Payment
– It serves as a standard for the settlement of future monetary obligations. We can make deferred payments like paying in advance (like Paying Rent of Dish TV at once) or Paying later (e.g. taking the car on loan). – It is possible because we can measure the Time value of Money using an Interest Rate.
Benefits of the Money Economy
Due to money’s primary and derivative functions, it can be used for social empowerment, dalit entrepreneurship etc. Labour and Service of each kind can be paid, which wasn’t possible in Barter Economy.
It also helps in the Redistribution of National Income (via a taxation system).
Evolution of Money
1. Commodity Money
It is the first stage in the Evolution of Money.
In this, a particular commodity is used to measure the value.
E.g., Cocoa Beans (used by Aztecs), Cowry Shells (in India), Cigarettes (in Jails) etc.
Note: Commodity Money has Intrinsic Value too.
Different Examples of Commodity Money
2. Metallic Money
Traders and Kings used to stamp their marks on the coins to ensure that the metal was of uniform quantity and quality.
Benefits
It has intrinsic value.
It is non-perishable
It is divisible & fungible.
Even foreign trade is possible
Full-Bodied Coin vs Token Coin
1. Full-Bodied Coin
It is the money whose intrinsic value is equal to or greater than face value.
It is also known as good money.
E.g., One Rupee Coin of British India (shown below) had a face value of 1 ₹, but if somebody melted the silver and sold that in the market, it was greater than 1 ₹.
2. Token Coin
It is money whose intrinsic value is lower than its face value.
It is also known as Bad Money.
E.g., Present 1 ₹ Coin.
Issues with Full Bodied coin
Full-Bodied coins result in various problems. People start to melt metal from the coin and use it for other things. (The same thing was seen in the recent past in Indian Coinage too. Indian ₹5 coins were sent to Bangladesh, where the cost of metal was more than the face value of the coin. People used to melt the coin and make blades out of that. Cupro-Nickel coins were introduced to tackle such activities.)
Apart from that, to adjust to inflation, the government keeps on reducing the metal content in the coins to keep the intrinsic value of the coin lesser than its face value.
Note: It should be
noted that melting coins for other purposes is a punishable offence.
3. Paper Currency
The genesis of paper currency can be traced back to Hundis, where traders used to pay using metal at one place and take Hundi to avoid any theft while carrying metal during an extensive voyage. Later, the State started to do the same work and introduced Paper Currency.
It is called Fiduciary Money, i.e. although the paper has no intrinsic value, it is circulated because of trust in issuing authority.
Types of Fiduciary Money
1. Non-Legal Tender
It is not issued by the government
E.g., Bill of Exchange, Cheque, Bank Draft, Postal Orders etc.
It is also called Optional Money because its acceptance is optional.
2. Legal Tender/Fiat Money
It is issued by the government and acts as money on the fiat or order of the national government.
It can be classified as Coin and Currency.
Its acceptance is not optional within the boundary of the country. It can’t be denied for settlement of any monetary obligation.
Types of Legal Tenders
1. Limited Legal Tender (Coin)
It can be used to settle a limited amount of debt.
According to the Coinage Act of 2011
Using 50 paisa Coins, a maximum debt of ₹10 can be settled.
Using ₹1 coin or above, a maximum debt of ₹1,000 can be settled.
All coins below 50 paise are not legal tenders (since 2011).
2. Unlimited Legal Tender (Currency)
It can be used to settle the unlimited debt binding by the government’s command.
Every bank note is legal tender in India.
Who Issues what?
Government
The government issues all coins. Government can issue any amount of coin (even 1,000 ₹ coins).
The government issues ₹ 1 Note with the sign of the Finance Secretary on it.
RBI
Under RBI Act, all Notes except ₹1 can be issued by RBI with the sign of the RBI Governor.
How Fiat Money is issued?
a . Earlier Times
Gold Standard System: Earlier, Bank Notes were backed by an equivalent amount of gold. Notes amounting to the equal reserve of gold were issued. E.g.,
1 US dollar was issued against 22-grain gold
1 British Pound was issued against 113-grain gold
If this note was taken to Central Bank, it paid an equivalent amount of gold in return.
But later, due to various problems like printing more cash during wars, the cold war and depressions, this system was discarded.
b. Indian System
Earlier, the following system was used
1935 to 56
RBI used to maintain 40% goldto the value of currency issued.
1956 to 95
India abandoned the old system and moved to the ‘Minimum Foreign Reserve System.’
Under this, RBI was required to maintain a total reserve of at least Rs. 200 crores, with at least Rs.115 crore in the form of gold and the rest in the form of Foreign Securities.
1995 to Present
India is following the ‘ Managed Paper Currency Standard‘.
Under this system, the Government of India can print any amount of money under the backing of gold, foreign securities and Government of India-backed Securities.
Hence, if the government wants to print more money (than gold and foreign currency), the government will issue securities (G-Secs) to RBI, and RBI, in return, will print equivalent money with the backing of those securities.
What does it mean?
It means that if any person with any bank note issued by RBI goes to RBI to exchange that note, RBI is bound to give him other notes and Token coins of equal face value.
Demonetisation
Demonetisation is the wholesale withdrawal of currency from circulation.
Although every banknote is “legal tender”, but on the RBI Board’s recommendation, the Government of India can notify that Specific Bank Notes (SBN) are no longer legal tender (i.e. Demonetized).
On 8th Nov 2016, ₹500 & ₹1000 notes were demonetised.
Specified Bank Notes (Cessation of Liabilities) Act 2017: The government passed this Act to give legislative backing to Demonetisation. RBI was not required to honour the promise written on old banknotes.
4. Bank Money
The backend of Bank Money is Fiat Money as well.
Examples of Bank Money
Cheques
Demand Draft: Can’t be dishonoured because the amount is prepaid.
Overdraft: When a person’s bank account has an insufficient balance, he is still allowed to draw more money than is available in his bank (as a loan).
Debit and Credit Cards
Net Banking System
Unified Payment Interface (UPI) System
Advantages of Bank Money
Easy to transfer over a long distance.
The exact amount can be transferred
Hard to counterfeit
Can freeze if stolen
Leave behind a digital trail
Legally recognized for high-value payment
Types of Accounts
1. Saving Account
These are opened by households.
There are some restrictions on transactions.
Banks offer low interest on these accounts.
It has demand and time liability.
2. Current Account
These are opened by business entities (firms or businessmen).
There are no restrictions on transactions.
Banks offer no interest on these accounts.
It has demand liability.
3. Fixed Deposit Account and Recurring Deposit Account
Anyone can open this account (but generally, these are opened by households because they are the savers in the economy).
There are some restrictions as banks are not liable to pay back until the end of the period for which money was deposited in the bank.
Banks offer a relatively high-interest rate on these deposits (6 to 10%).
It has time liability.
Digital Currency
Central Bank Digital Currency (CBDC)
Budget
2022 announced that RBI would issue a digital rupee using blockchain
technology. It will be a digital form of India’s fiat currency.
CBDC will be a legal tender in India. The definition of banknote under the RBI Act 1934 is also amended to broaden the banknote. “Banknote” now means a bank note issued by the bank either in physical or digital form. It will allow the introduction of CBDC from the RBI.
Issuing digital currency has many benefits, such as
Cheaper: Significant cost is incurred on printing money in India (more than ₹4900 crores in 2020-21).
Efficient management of currency
It will break the monopoly of crypto-currencies, which are not backed by any sovereign authority.
It will give impetus to the development of the fintech sector.
But there are issues as well.
Encroaches privacy as every transaction will be known to the government
It goes against the traditional banking system.
It makes the financial sector vulnerable to cyber attacks
This article deals with ‘Karst Topography.’ This is part of our series on ‘Geography’ which is an important pillar of the GS-1 syllabus. For more articles, you can click here.
Introduction
Limestone is a sedimentary rock of organic origin. Chemically it is Calcium Carbonate (but where Magnesium is also present, it is known as Dolomite).
Limestone is soluble in rainwater with Carbon dioxide (weak acid.)
A region with a large stretch of limestone, therefore, posses a very distinct topography termed Karst (name derived from Karst District of Yugoslavia where such topography is particularly well developed)
There is the absence of surface drainage as most of the surface water goes underground and form underground channels. When this water meets non-porous rocks, it re-emerges onto the surface as a spring or resurgence.
Location
Karst region is in Dinarik Alps in Yugoslavia.
Such topography is also found in regions of the Himalayas, Rockies, Andes, Atlas, Shan Plateau, Belo Horizonte etc.
In India, this is found in Chirapoonji, Jammu-Kashmir, Himachal Pradesh, Panch Marhi (M.P.), Bastar (Chattisgarh and Coastal areas near Vishakhapatnam.
Landforms
Erosional Landforms
1 . Lapies
Lapies are the irregular grooves and ridges formed when most of the surfaces of limestone are removed by the solution process.
2. Swallow Hole /Sink Holes
A sinkhole is an opening more or less circular at the top and funnel-shaped towards the bottom.
On the surface of limestone, there are numerous small depressions carved out by solution at a point of weakness. Holes size grow through continuous solvent action to form Sink Hole.
3. Limestone Gorge
When the roof of an underground tunnel collapses, a limestone gorge is formed.
4. Karst Window/ Karst fenster
It is a spring that emerges from underground, discharge its water and then abruptly disappears underground through a nearby sinkhole.
5. Doline
Due to high chemical activity on swallow holes, their size and depth increases. Its diameter may extend up to some kilometres and its depth may run up to 100 meters.
It can be cylindrical, conical, bowl or dish-shaped.
The name doline comes from Dolina, the Slovenian word meaning valley.
6. Uvala
Series of smaller sinkholes coalesce into a compound sinkhole is called uvala.
7. Polze
Polje is an elongated basin having a flat floor and steep walls.
It is formed by the coalescence of several sinkholes. The basins often cover 250 square km and may expose “disappearing streams.”
8. Cave
In areas where there are alternating beds of rocks (shales, sandstones, quartzites) with limestones or dolomites in between or in areas where limestones are dense, massive and occurring as thick beds, cave formation is prominent.
Water percolates down through the cracks and joints and moves horizontally along bedding planes. It is along these bedding planes that the limestone dissolves to form wide gaps called caves.
9. Tunnel
Caves having openings at both ends are called tunnels.
Depositional landforms
Where subterranean streams descend to underground passages, the region may be honeycombed with caves
The most important features in limestone caves are Stalactites, Stalagmites and Pillars.
1 . Stalactites
Formed on roof of caves .
As rainwater seeps
through the limestone, the water dissolves Calcium Carbonate in it. When
from roof, water drips down, it leaves behind Calcium Carbonate (CaCO3) forming
Stalactite .
They are thinner, long and pointed.
2. Stalagmite
They are formed on the floor.
All the dripping water has to land somewhere . When a drop finally hits cave floor , it deposits even more Calcite there in unassumed mound .
They are shorter, fatter and more round.
3. Cave Pillars
Over a long time, stalactites hanging from roof is eventually joined to Stalagmite growing from floor to form pillar.
This article deals with ‘Fluvial Landforms.’ This is part of our series on ‘Geography’ which is important pillar of GS-1 syllabus . For more articles , you can click here
Introduction
When rain falls , part of it
sinks into ground , some of it is evaporated back into the atmosphere
& rest runs off as rivulets , streams and tributaries of rivers . This running water is potent agent of erosion .
The river performs three types
of work. They are erosion, transportation and deposition.
Materials transported/carried by
river
When a
river flows , it carries
eroded material in four forms
Solution – Material dissolved in water.
Suspension – Sand, Silt & mud carried in suspended form.
Saltation: Some of the fragments of the rocks move along the bed
of a stream by bouncing continuously.
Traction Load – This includes coarser materials such as pebbles , stones & boulders which are rolled along river bed .
Rivers
carry great amount of material => Eg : Mississippi river removes 2 million tons to Gulf
of Mexico daily .
River Erosion
In rivers, erosion comprise of following processes :-
Corrasion / Abrasion : Mechanical grinding by
river’s traction load against banks & beds of river .
Lateral Corrasion : sideways
erosion which widens V-Shaped
valley.
Vertical Corrasion : downward
action which deepens the river channel.
Corrosion
or Solution : chemical action of water on soluble
or partly soluble rocks. Eg Calcium Carbonate in limestone is dissolved & removed in solution .
Attrition : This is wear and tear of transported material
themselves when
they collide against one
another.
Hydraulic
Action
: This refers to mechanical action
of water. Eg when water splashes against river banks , surges into cracks
& disintegrate the rocks .
River deposition
When the velocity of the stream decreases, the stream
deposits sand, silt
and other fragments
When a river moves in a gentle
slope, its speed reduces and river begins to deposit its load.
The river starts depositing
larger materials first and smaller and finer materials are carried further
down to the mouth of the river.
Course of a River
Upper or Mountain Course /Youthful Stage
In this stage
Predominant Work = Erosion
Predominant action = vertical
corrasion.
Landforms formed in this stage
1. Valleys
1.1 V-Shaped Valley
In upper course, vertical corrasion is at work . Downward
cutting takes place so rapidly that lateral corrasion can’t keep pace. After some time, the
loosened material slowly creeps downward and takes shape of V.
The valley thus developed is
deep , narrow & distinctively V-Shaped.
1.2 Gorges / I-shaped Valley
In some cases, rocks are very resistant and hence afterward loosening don’t take place (because of resistant rock). The valley formed is so narrow & sides are so steep that gorges are formed .
Eg : Indus Gorge in Kashmir .
1. 3 Canyons
Canyons are extended form of
gorges.
In arid regions, where there
is little to widen the valley sides and river cuts deep into the valley
floors , precipitous valleys called Canyons are formed.
Eg Grand Canyon of Colorado
river in Arizona state of USA .
2. Falls
2.1 Rapids
These can form in any part of
river course but are more numerous in mountain
course.
They are formed when there are different layers of hard
rock and soft rocks
. Due to unequal resistance of hard & soft rocks , there is unequal
erosion of both set of rocks . The hard rocks will make river to jump and
fall down
2.2 Cataract
Falls similar to rapids but of
greater dimensions are referred to as Cataracts.
There are 5 along the Nile
that interrupt the smooth navigation.
2.3 Waterfalls
When rivers plunge down in a
sudden fall of some height , they are known as waterfalls. Their force
usually wears out a plunge pool beneath .
They can be formed in various
ways
When a bar of resistant rock
lies transversely across a river valley . Eg Niagara Falls in US
At fault line across river. Eg Victoria falls
on River Zambezi
When river plunges down the edge of a plateau like River Congo .
3. Entrenched /Incised Meanders
These are formed when downcutting process is slow & river cause lateral
erosion leading
to asymmetric valley formation .
Note : These are different
from meanders which occur due to both erosion and deposition. In this,
only erosion takes place.
Middle or Valley Course /Mature Stage
In Middle Course,
In Middle Course, Erosion , Transportation and deposition is done
by the river .
But amount of erosion is very lower
than Youthful stage and in that too, Lateral Corrasion tends to replace vertical corrasion.
The volume of the water
increases with the confluence of many tributaries & this increases the river’s load.
Predominant work of the river = predominantly transportation with some deposition (main deposition happen in Oldage
Stage).
Landforms formed in Middle Stage
1 . Alluvial Fans
Alluvial fans are formed when streams flowing from
higher levels break into foot slope plains of low gradient. Normally very
coarse load is carried by streams flowing over mountain slopes. This load
becomes too heavy for the streams to be carried over gentler gradients and gets dumped and spread as
a broad low to high cone shaped deposit called alluvial fan.
Examples : Alluvial fans are found in
Kosi river when it enters Bihar just after exiting Himalayas
2. Alluvial Cone
As the velocity of river
decreases, its transportation capacity also decreases. Due to this decline
deposition starts in Foot Hills. This deposition forms Alluvial Cones.
It is same as alluvial fan but
slope is more (between 10 to 50 degree)
3. Flood Plains
Rivers in their course carry
large quantities of sediments . During annual or sporadic floods, these
materials are spread over the low lying adjacent areas.
A layer of sediment is thus
deposited during each flood , gradually building up a fertile flood plain.
4. Levees
With the continuous deposition
of soil on the banks by the river, the level of banks rises and they look
like natural dams known as levees .
During flooding as the water
spills over the bank, the velocity of the water comes down and large sized
and high specific gravity materials get dumped in the immediate vicinity
of the bank as ridges. They are high nearer the banks and slope gently
away from the river
Lower or Plain Course /Old Age stage
In Lower/Oldage Course,
River moving
downstream across a broad and level plain is heavy with debris brought down from
the upper course . Hence, work of the river is mainly
deposition, building up its bed & forming extensive flood plains.
Vertical corrasion has almost
ceased though some lateral corrasion still goes on to erode its bank (like
in Meanders).
Landforms formed in Later Stage
1 . Meanders
A meander is a winding curve
or bend in a river.
Meanders are the result of
both erosional and depositional processes.(explained in diagram below)
The irregularities of the ground , force the river to swing in
loops. Once the channel begins to
flow in sinusoidal path , the amplitude
& concavity of loop increases rapidly due to dense erosion occurring
at the outside and deposition occurring inside .
Note : Meanders can be found in Middle as
well as Later Stage
2. Ox-bow Lakes
An oxbow lake is U-shaped body
of water that forms when a wide meander
from the main stream of river is cut off creating free standing body of
water.
It has different nomenclature
at different places – Billabong in Australia,
Rasacas in Texas etc
Both meanders and ox bow lakes are formed both in
middle and lower course. Ox Bow is more commonly found in lower course .
3. Braided Streams
A braided stream is one which does not flow in a single definite channel but rather a network of everchanging, branching and reuniting channels.
Thread-like streams of water rejoin and subdivide repeatedly to give a typical braided pattern
4. Delta
When a river reaches the sea ,
the fine material it has not yet
dropped are deposited at its mouth , forming a fan
shaped alluvial area known as Delta .
This alluvial tract is ,
infact , a seaward extension
of the flood plain.
Delta extend sideways and
seaward at an amazing rate . The River Po extends its delta by over 40 feet a year
(GK) Ganges Brahmaputra delta
is the largest delta in the world.
Deltas differ in their size , shape , growth & importance. A number of factors such as the rate of sedimentation , the depth of the river & sea bed and character of tides , currents & waves greatly influence formation of Delta.
Different type of Deltas
a. Bird’s foot Delta
Deposited alluvial material divides the river into smaller distributaries. Several distributaries look like the foot of a bird.
Example : Mississippi is example.
b. Arcuate shaped Delta
Delta look fan shaped with numerous distributaries
Examples are Amazon, Ganga & Mekong.
c. Estuarine Delta
When river has
their deltas submerged in coastal waters (mainly due to submerged coast like
India’s western coast) or don’t have much deposition to form delta.
Most of India’s west flowing
rivers originating in Western Ghats.
d. Cuspate Delta
Have tooth like projection at
their mouth.
Example : Ebro of Spain.
Conditions favourable for formation of deltas are
Active
vertical & lateral erosion in upper course to provide sediments to be eventually deposited as
Deltas.
The sea adjoining the delta
should be shallow or else the load will disappear in the deep waters.
The coast should be
sheltered, preferably tideless.
There should be no
large lakes in
the river course to filter off the sediments.
There should be no strong
current running at right angle to the river mouth.
Importance of Deltas
a. Ecological importance
Deltas absorb runoff from both floods (from rivers) and
storms (from lakes or the ocean), filter water and thus reduces the impact
of pollution flowing from upstream.
Deltas are also important wetland habitats. They support extremely diverse and specialized
flora and fauna and are areas of dense forests.
b. Economic importance
Deltas are important places
for trade and commerce, and major ports.
Deltas due to rich
accumulation of silt are fertile
agricultural areas.
World’s largest delta is the Ganges–Brahmaputra delta in India and
Bangladesh, is densely populated
supporting livelihood of millions. Fish, other seafood, and crops such as
rice and tea are leading agricultural products of the delta.
Deltas possess well sorted sand and gravel which is quarried.
Due to their diversity they
are centres of tourism and recreation.
Threat to Deltas
Diversion of water for irrigation
and creation of dams reduce sedimentation, which
can cause delta to erode away.
Climate change and rising sea level – rising sea level flood
deltas bringing in saline water and threatening wetland ecosystem. For
example nearly 31 square miles of Sundarbans have vanished entirely due to
sea level rise.
Use of water upstream can greatly increase
salinity levels as less fresh water flows to meet salty ocean water.
While nearly all deltas have been impacted to some degree by humans,
the Nile Delta and Colorado River Delta are some of the most extreme examples
of ecological devastation
This article deals with ‘Weathering and Mass Movements.’ This is part of our series on ‘Geography’ which is important pillar of GS-1 syllabus . For more articles , you can click here
Weathering
Weathering is the action of elements of weather over earth materials to reduce them to fragmental state.
Very little or no motion take place in them & process is in-situ.
There are three major groups of weathering processes :
Chemical
Physical or mechanical
Biological weathering processes.
1. Chemical Weathering
a. Solution
When something is dissolved in water , it is called solution.
b. Hydration
Hydration is the chemical addition of water. Minerals take up water and
expand
Calcium sulphate takes in
water and turns to gypsum, which is more unstable
c. Oxidation & Reduction
Oxidation means a combination
of a mineral with oxygen to form oxides or hydroxides. Eg : Oxidation of iron to form rust
When oxidised minerals are
placed in an environment where oxygen is absent, reduction takes place.
Such conditions exist usually below the water table, in areas of stagnant
water and waterlogged ground.
d. Carbonation
Carbonation leads to dissolution of Carbon Dioxide into water to form Carbonic Acids which will dissolve calcium and magnesium compounds
2. Physical Weathering
Physical Weathering
is the disintegration of rock mainly induced by elements of weather and natural
forces.
Physical
weathering can be further divided into following categories
:-
Gravitational forces such as overburden pressure,
load and shearing stress.
Expansion forces due to temperature
changes => Rocks expand during day and contract during night in arid and semi-arid
regions=> the rocks crack and
eventually splits up.
Exfoliation : Rocks generally heat or
cool more on the surface layers. The alternate changes in temperature
could cause their outer layers to peel off from the main mass of the rock
in concentric layers just as the skin of an onion.
Frost wedging : when water
freezes, it expands. As water expands between the rock wedges expand,
it puts great pressure on rocks resulting in weathering.
Water
pressures
controlled by wetting and drying
3. Biological Weathering
Weathering
due to growth or movement of organisms.
Burrowing &wedging by organisms like earthworms,
termites, rodents etc. => exposing
new surfaces to chemical attack
Human beings by disturbing
vegetation, ploughing and cultivating soils=> this creates new contacts
Plant roots exert great pressure breaking rocks apart.
Importance of Weathering
Ecological Importance
Weathering is the initial
stage in the formation of soil. It breaks down the initial
rock mass into smaller fragments thus preparing the rock material for the
formation of soil.
Trees are able to ‘mine’ essential nutrients such as calcium through their
association with symbiotic mycorrhizae through small pores in the mineral
soil, which is possible only due to weathering.
Erosion, with the aid of
weathering, helps in mass wasting and reduction of relief. This leads to modifications in various landforms.
Economic Importance
It leads to the formation of
various natural resources such as clay used in making bricks.
Placer deposits are formed due to weathering . These placer
deposits are source of rare earth metals, thorium etc
It weakens the rocks, thus facilitating the mining and quarrying activities
Hence, we can say that although weathering is a disintegrating process yet it plays an integral role in sustaining life on earth.
Mass Movement
These movements transfer the mass of rock debris down the
slopes under the direct influence of gravity ( happens only under
influence of gravity & no other geomorphic agent is involved)
Weathering is not a
prerequisite for mass movement although it aids mass movements. Mass
movements are very active over weathered slopes .
Mass Movement can be grouped under two classes
1 . Slow Movement
Creep : Occur on moderately
steep, soil covered slopes.
Movement of materials is extremely slow and imperceptible except
through extended observation.
Solifluction : Slow downslope movement of soil mass saturated with water. Quite common in moist temperate areas
2. Rapid Movement
Mostly prevalent in humid climatic regions with gentle to steep slopes.
Earthflow : Movement of
water-saturated earth materials down hillsides. Arcuate scarps
at heads & accumulation bulge
at the toe are observed in this.
Mudflow : Mudflow is a liquid mass of soil, rock debris and water that moves quickly
down a well defined channel. Mudflow
originating on a volcanic slope is called a lahar.
Debris avalanche : characteristic of humid regions with steep slopes. These are
rapidly churning mass of rock
debris, soil, water, and air that moves down steep slopes. The trapped air
may increase the speed of an avalanche by acting as a cushion between the
debris and the underlying surface. They are much faster and deadlier than
Earthflow & Mudflow
Rock falls : Rock falls occur when pieces of rock break from a
cliff. It may result due to Frost wedging . Accumulation of rock debris at the base of a steep
slope is called talus.
Landslides : Landslides occur when a large piece of rock breaks off
and slides down hill. It can be initiated by heavy rainfall or earthquake.
Slump : Great mass of bed rock moves downward by rotational
slip from a high cliff
Question – Why more Landslides & Debris Avalanches occur in Himalayas compared to Western Ghats?
There are many reasons for
this.
One, the Himalayas are tectonically active.
They are mostly made up of unconsolidated and
semi-consolidated deposits.
The slopes are very steep.
Question : Compared to the Himalayas, the Nilgiris bordering Tamilnadu, Karnataka, Kerala and the Western Ghats along the west coast are relatively tectonically stable and are mostly made up of very hard rocks; but, still, debris avalanches and landslides occur although not as frequently as in the Himalayas, in these hills. Why?
Many slopes are steeper with almost vertical cliffs and escarpments in the Western Ghats and
Nilgiris.
Mechanical
weathering
due to temperature
changes and ranges
is pronounced.
They receive heavy amounts of rainfall over short periods. So, there is almost direct
rock fall quite frequently in these places along with landslides and
debris avalanches.
This article deals with ‘Rocks and Minerals.’ This is part of our series on ‘Geography’ which is important pillar of GS-1 syllabus . For more articles , you can click here
Minerals
Naturally occurring organic and inorganic substance, having an orderly atomic structure and a definite chemical composition and physical
properties.
Composed of two or more
elements. But, sometimes single element minerals like sulphur, silver,
gold, graphite etc. are found
Magma is the source of almost
all minerals.
Types of Minerals
a. Metallic Minerals
These
minerals contain metals and can be sub-divided into
Precious
Metals
gold, silver, platinum
Ferrous
Metals
iron and other metals often mixed with iron to form various kinds of steel.
Non-Ferrous
Metals
include metals like copper, lead, zinc, tin, aluminium etc.
b. Non-Metallic Minerals
These minerals do not contain
metal content.
Sulphur, phosphates and
nitrates are examples of non-metallic minerals.
Cement is a mixture of
non-metallic minerals.
Rocks
A rock is an aggregate of one or
more minerals.
Rocks do not have definite composition of mineral constituents.
Petrology is the science of
rocks.
The age of the rock is
determined based on Carbon-14 dating.
Type of rocks
a. Igneous Rocks
Igneous rocks (Ignis in Latin
means ‘Fire’) are formed when magma
cools and solidifies.
They are known as primary rocks
Igneous rocks are classified based on texture.
If cooled slowly at great depths : Large grains
Sudden cooling (at the surface) : small grains.
Intermediate cooling : intermediate size of grains .
Granite, gabbro, pegmatite, basalt, volcanic breccia and
tuff are some of the examples of
igneous rocks.
Metamorphic rocks are formed when already consolidated rocks undergo reorganization in structure due to excessive pressure (through the process called Metamorphism)
Igneous and metamorphic rocks together account for 95 percent of the earth while rest 5% are sedimentary rocks.
Rock Cycle
Rocks do
not remain in their original form for long but may undergo transformation. Rock cycle is a continuous process through
which old rocks are transformed into new ones.
This article deals with ‘Volcanoes.’ This is part of our series on ‘Geography’ which is important pillar of GS-1 syllabus . For more articles , you can click here
What are volcanoes?
A volcano is an opening in the earth’s crust through which magma, gases and ash are released to the earth’s surface.
Related terminology
Magma
The molten rock material found in the interior of the earth is called magma.
Lava
When magma reaches the earth’s surface, it is known as lava.
Vent
Vent is an opening or mouth of a volcano.
Fumaroles
– Fumaroles are the gushing fumes (fume = smoke) through the gap in the vicinity of volcano. – Fumaroles are often in the neighbourhood of volcanoes.
Crater
Crater is a saucer shaped depression in the mouth of a volcano.
Caldera
When the crater is widened, it is called as Caldera
Volcanic Ash
Volcanic ash consists of fragments of pulverized rock, minerals and volcanic glass, created during volcanic eruptions.
Causes of Volcanism
Weak Zones in the Earth Crust: The parts of the earth where
two tectonic plates collide against or drift apart from each other are
considered very weak. Volcanoes may erupt in such zones, for example,
African and Eurasian plates.
Magma Saturated with Gases : The magma, in the interior
of the earth, is often found saturated with gases like carbon dioxide, and
hydrogen sulphide. These gases together with water vapour make the magma
highly explosive. Magma is forced out as lava on the surface of the earth
due to the pressure exerted by these gases.
Basaltic Eruption vs Andesitic Eruption
Basaltic Eruption
Andesitic Eruption
Occur
at mid oceanic ridge & Hotspot volcanism
Occur
at Volcanic Island arcs &
volcanic mountains
Basalt
is highly fluid & mobile
Andesite
is less fluid & less mobile
Spread
across easily
Solidifies
at short distance
Quite eruption
Explosive eruption
Form
plateaus and island groups.
Forms volcanic
peaks
Types of Volcanoes
1 . Classification on basis of form developed
Volcanoes are classified on the basis of nature of eruption and the form developed at the surface.
a . Shield Volcanoes
These are made up
of basalt, a type of lava that is very fluid when erupted. Since Basalt is very fluid , it make these
volcanoes less steep.
Eg : Hawaiian
volcanoes are the most famous examples.
They become explosive if water
gets into the vent; otherwise, they are characterised by low-explosivity.
b. Composite Volcanoes
Composite volcanoes are cone-shaped
volcanoes
composed of different layers of
lava, ash and rock debris.
Magma which erupt in this case
is Andesitic in nature . Hence, eruption is violent and explosive. Along
with that, Andesitic lava is less fluid making the Composite volcanoes
very steep.
Along with lava, large
quantities of pyroclastic material also comes out.
Examples include Mt
Stromboli , Mt Vesuvius, Mt St Helens, Mt Fuji etc.
c. Caldera
These are the
most explosive of the
earth’s volcanoes.
They are usually so explosive
that when they erupt they tend to collapse on themselves .The collapsed
depressions are called calderas.
d. Flood Basalt Provinces
These volcanoes out-pour highly fluid lava that flows for long distances.
There can be a series of flows with some flows attaining thickness of more than 50 m.
Deccan Traps from India, covering most of the Maharashtra plateau, are a flood basalt province.
e. Mid Oceanic Ridge Volcanoes
These volcanoes occur in the
oceanic areas at points where Oceanic – Oceanic tectonic plates
diverges.
There is a system of mid-ocean
ridges more than 70,000 km long that stretches through all the ocean
basins.
The central portion of this
ridge experiences frequent but peaceful eruptions.
2. Classification on Basis of Periodicity of eruption
a. Active Volcanoes
Volcanoes which erupt frequently.
Generally, their vent remains
open.
Examples : Mount
Etna of Italy, Cotopaxi in Ecuador (highest volcano) and many others
situated in Pacific ring of fire .
b. Dormant Volcanoes
These volcanoes may not have
erupted in the recent past but there is a possibility of eruption at any
time.
Examples : Mt.
Vesuvius of Italy , Mt. Fujiyama of Japan and Mt Kilimanjaro in
Tanzania.
c. Extinct Volcanoes
These volcanoes have exhausted
their energy and have not erupted
during the known geological period.
Their Crater is generally
filled with water making it a lake.
Examples : Popa in Myanmar and
Mt. Kenya in eastern Africa
Recent Volcanic Activities
Barren
Island
– Barren Island is in Andaman . – It again became active in 2017 – Earlier, it became active in 1991 and 1995.
Anak Krakatau
– It is in Indonesia – Latest eruption happened in April 2020 – Note : greatest volcanic explosion known to humans is Mt. Krakatau in August 1883.
Vulcan
de Fuego
– Volcanic eruption happened in June 2018 – Here , Cocos plate is subducting under Caribbean plate. – It lies in the Pacific Ring of Fire in Guatemala
Kilauea
Volcano
– Kilauea Volcano is situated in Hawaii . – It erupted in May 2018
Mount Agung and
Mount Sinabung
– They are in Bali – Eruption happen due to Oceanic -Oceanic Convergence of Indo-Australia and Sunda Plates – Volcanic eruptions happened in whole of 2018
Distribution of Volcanism
a. Ring of Fire
Pacific Ring of Fire is the
Circum-Pacific region that has the greatest concentration of active
volcanoes. Two-third of world’s volcanoes lie here.
Volcanoes are found here due
to Oceanic -Oceanic & Oceanic-Continental Plate convergence .
Oceanic – Oceanic Convergence
Results in formation of Volcanic Island Arcs.
Oceanic -Continental Convergence.
Volcanoes are formed
b. Mid Atlantic Region
Formed due to Oceanic -Oceanic
plate divergence .
Basaltic Eruptions happens
here which are peaceful in nature .
Mid Oceanic Ridge
Volcanoes are found here.
c. Great Rift Valley
In Africa some volcanoes are
found along the East African Rift Valley.
Kilimanjaro and Mt. Kenya are
extinct volcanoes. The only active volcano in West Africa is Mt. Cameroon.
d. Mediterranean Volcanism
Volcanoes of the
Mediterranean region are mainly associated with the Alpine folds.
Examples : Mt. Vesuvius, Mt. Stromboli (known as the Light House
of the Mediterranean Sea
e. Hotspot Volcanoes
These have to
do with plate tectonics .
In these volcanoes, magma
from the deep mantle come outside
directly through plume .
Lava is of Basaltic nature => Shield Volcanoes
are formed in this activity which are not explosive.
Their location remains fixed but plates on them can move leading to
formation of island arcs or plateau depending upon conditions .
In
Oceans
Island Arc
On
Continents
Volcanic
Plateau
Eg Hawaii, Reunion Island ,
Kurile, Aleutian island , Iceland , Yellowstone (US
Continental)
Lava / Volcanic Plateaus
When Lava is basaltic (like in case of hotspots) , it can flow easily . It will keep on forming layer above layer.
When this process goes on for large amount of time ,Lava Plateau is created .
Eg: Deccan Plateau was formed in this way when Indian plate passed over Reunion Island hotspot during the cretaceous period.
Side Topic : Formation of Deccan Plateau
During Cretaceous Period , Indian Plate was moving northward and passed over Reunion
islands (near Madagascar island in Indian Ocean)
Hotspot volcanism was active over there which resulted
in outpour of highly basaltic lava at that point . As the plate
movement was extremely slow, India remained over the Reunion hotspot for a
considerable long time which led to Basaltic deposits in Deccan area
. Hence , Deccan Basaltic Plateau formed.
16-17 percent of India is
under Deccan traps.
Intrusive Volcanic Landforms
We have studied about various landforms made by the volcanoes on the surface of earth. But volcanoes make large number of landforms inside the earth’s crust. These are called Intrusive Volcanic Landforms.
Intrusive Volcanic landforms are formed when magma fails to come out and solidifies under the Earth’s crust . Some of the landforms formed are as follows :-
a. Batholiths
Batholiths are large rock domes formed due to cooling and solidification of hot magma inside the earth.
They appear on the surface only after the denudational processes remove the overlying materials
They are granitic in origin.
b. Laccoliths
Laccoliths are formed when magma solidifies in cracks of sediments and take concave shape/ dome like shape
Karnataka plateau is spotted with dome hills of granite rocks. These are exposed Laccoliths .
c. Phacoliths
Phacoliths are formed when magma is filled in anticlines and synclines of folded mountains.
d. Sills
Sills are parallelly solidified lava layers in sedimentary rocks in the interiors of Earth.
e. Dykes
Longitudinally solidified magma in rocks is known as dyke.
Importance of Volcanic Activity
Volcanism creates new
landforms (all the landforms we have seen above)
Volcanic rocks yield very
fertile soil upon weathering and decomposition. For example black soil of
Deccan Plateau in India is made for volcanic rocks and it is best suited
to grow cotton .
Source of Diamonds : Eg – Kimberlite rock of South Africa,
the source of diamonds, is the pipe of an ancient volcano.
Geothermal Energy : In the vicinity of active volcanoes, waters in the depth are heated from contact with hot magma giving rise to springs and geysers. The Puga valley in Ladakh region and Manikaran (Himachal Pradesh) are promising spots in India for the generation of geothermal electricity.
Volcanism has also helped in
the formation of atmosphere in the past. (How? – explained below)
Importance of Volcanic Activity in atmosphere formation in the past
Degassing : Volcanic activity released essential gasses
such as water vapor, carbon dioxide, methane, ammonia and very little free
oxygen from the interior of the earth through a process called
degassing.
Volcanic eruptions injected ash and sulphur-rich aerosol clouds into the atmosphere which
shaded sunlight and reduced the amount of solar radiation reaching the
Earth’s surface thus cooling the
planet. As the earth cooled, water vapor condensed to form rain dissolving
carbon dioxide and other gases.
Side Topic : Impact of Volcanic eruptions on Climate Change
Volcanic eruptions pour sulfur dioxide and other
particles into the stratosphere. Gases react with water to form aerosols that linger in
the stratosphere, reflecting sunlight and heat from the sun and thus
lowering temperatures in the troposphere
Intense volcanism has
significantly increased the amount of carbon dioxide in the atmosphere and
causes global warming. Volcanic eruptions produce more than 100 million
tons CO2 each year. For Example:
The 1980 eruption of Mount St. Helena vented approximately 10 million tons
of CO2 into the atmosphere in only 9 hours.
Dark lava flow absorbs more of
the solar energy (low albedo) , so a large enough lava flow could warm a
local region.
—> Volcanoes can have both a cooling and warming effect on
climate. However, in the long term frequent volcanic eruptions will have a net effect of
cooling the earth and counter global warming.