rawan239

Law and Rule related Administration

by

Law and Rule related Administration

 

Administrative Law

Administrative law is the body of law created by the agencies and departments of the government, which carry out the laws passed by Center or a state legislature. When Center passes a law on a complicated issue, Center  often needs help determining all of the details of how the law will be enforced and implemented. Administrative agencies and government departments fill in those gaps for Congress and pass additional rules and regulations to achieve Center’s goals.

Administrative laws are laws pertaining to administrative agencies. These laws govern the formation and operation of administrative agencies.

Administrative law is also sometimes called regulatory law. This is a broad area of the law. It covers many different types of issues, legal procedures, and regulations. Administrative law is a type of public law.

 

People often deal with administrative agencies and administrative law when they apply for government benefits. For example, Center has passed laws that allow disabled individuals to receive government assistance. The Social Security Administration (SSA) is the administrative agency created to implement Center’s social security and disability laws. The SSA receives applications when people apply for disability benefits, determines who is eligible for the benefits, and passes rules and regulations to ensure that only the people who deserve these benefits receive them.

In addition to regulating government benefits like Social Security, administrative agencies also implement federal and state laws affecting almost every industry. For example, government bodies like the Department of Labor create and enforce workplace safety regulations. The Environmental Protection Agency (EPA) passes regulations and rules to enforce Center’s goal of protecting the environment. States also have their own administrative agencies to implement and execute laws passed by their state legislatures.

 

Generally speaking, there are two types of administrative law. The first type includes rules and regulations. Rules and regulations are policies that dictate how a law is to be used.

Centre and state legislatures enact laws, but they don’t usually specify how laws should be used. Our government uses special agencies in order to administer the law. These agencies use rules and regulations to determine how a law will be applied and enforced. These rules and regulations are a type of law.

The second type of administrative law includes administrative decisions. Government agencies issue their own decisions regarding the application and enforcement of rules and regulations. A government agency has the power to conduct its own hearings and render its own opinions and orders. Rulings are made by administrative law judges. These decisions are also a type of law.

Administrative Agencies

All administrative law is run through government agencies. Our government is made up of numerous administrative agencies. These agencies are also sometimes called regulatory agencies. Agencies can be federal, state, city, or county entities.

These agencies administer laws and manage public programs through the use of rules and regulations. Each agency is responsible for administering a particular set of laws, or often, a particular legislative act. A legislative act contains a set of laws. Agencies often possess the power to grant licenses and permits, investigate complaints, and punish infractions, as well as many other duties related to a particular set of laws.

 

Niche

by

 

Niche:- a  description  of  all  the  biological,  physical  and  chemical  factors  that  a  species needs to survive, stay healthy and reproduce. No two species have exact identical niches. Niche plays an important role in conservation of organisms.

Types of Niche

  1. Habitat niche – where it lives
  2. Food niche – what is eats or decomposes & what species it competes with
  3. Reproductive niche -how and when it reproduces.
  4. Physical & chemical niche – temperature, land shape, land slope, humidity & other requirement.

Indian culture

by
Indian culture will cover the salient aspects of Art Forms, Literature and Architecture from ancient to modern times.
for the said topic we can use ignou material …which i am uploading
Hindi medium –https://drive.google.com/folderview?id=0B_FR6Jkv0z2cbDdqYTE4b1E3UDQ&usp=sharing
English medium –https://drive.google.com/folderview?id=0B_FR6Jkv0z2ccUIxV1VTVEdiZlU&usp=sharing
its very lengthy material of 400 pages but you would know its importance only after reading it as it covers complete ancient,medieval , modern history along with social issues such as sc tech, education and women.
in due course   of time i would try to upload the gist of its each chapter

secondly i am uploading notes of mr neeraj upsc topper of art and arcitecture
https://docs.google.com/document/d/1r9Q_935DDKuyneFL8cMrDqL_fPlQKgcXqe5w9MchFDg/edit?usp=sharing
https://docs.google.com/document/d/1itnmyxV3gIrP9w8VULGNKY_KL2Sm9uV3cHspJTC6-DM/edit?usp=sharing

 I have compiled the hindu article on art and culture the link are as follows
 https://drive.google.com/folderview?id=0B_FR6Jkv0z2cX2VMS3ZramJ5YnM&usp=sharing

well there are certain pdf from government website … i am posting the link
https://drive.google.com/folderview?id=0B_FR6Jkv0z2cZVYxdmZCX3J3TFk&usp=sharing

Urban spheres of influence and rural urban fringe

by

Urban spheres of influence and rural urban fringe

Urban spheres of influence

  • Urban spheres of influence reflect centre-to-hinterland relationship, compared with the non-central region, the centre assumes more complex economic functions, and provides more economic activities.
  • Famous theoretical contributions to this research field are the Central Place Theory (Christaller, 1933), the extension to the Central Place Theory (Losch, 1940), the modification to the Central Place Theory (Isard, 1956), and An Economic Theory of Central Places.
  • After verification and conceptual refinement of these classical literatures, it can be found that any study on delineating sphere of urban influence has been guided by either of two research approaches: the empirical research and model research.
  • Empirical method determines sphere of urban influence according to data features and regional characteristics. As for example, sphere of urban influence in America is described in terms of the extent of the regional delivery system (Huff, 1973).
  • Models are developed to capture the interaction between or spaces using theoretical understanding, the intensity and pattern of contact among cities, and thus those models help to determine the sphere of urban influence.
  • In modeling, the sphere of urban influence, Huff (1973) and Lutz (1995) made a great contribution by using a model namely “Sphere of Urban Influence and Urban System” to delineate the urban sphere of influence of United States of America, Ireland and Ghana.
  • Now-a-days in Western countries, the study of sphere urban of influence is diminishing in general. By virtue of their high degree of economic and social development, most of the developed countries have accessed post-industrial society, where node-to-node interactions have become, as compared to the node-to-hinterland relationships.
  • But, for the developing countries, they are still pursuing industrial development and hence, develop the industries; the node-to-hinterland relationships are distinctly dominant.

Urban Spheres of Influence on Population

  • The urban sphere of influence can be defined as the geographical region which surrounds a city and maintains inflow-outflow relationship with the city.
  • Every urban centre, irrespective of the size of population and the nature of function, has a region of influence. Generally speaking, as the size of the population increases, the multiplicity of functions increases. As a result, the influence zone is larger and vice versa.
  • The term sphere of influence area was first used by Northam and supported by Canter. Other terms to express a similar entity, which have got recognised, include umland and city region. Umland is a German word which means the area around. The term was first used by the Allies in the Second World War.
  • The term city-region was first used by Dickinson. It is used to describe a similar situation on a much larger scale. Some other terms which have become popular include urban field, tributary area and catchment area. The term sphere of influence is preferred by political geographers.

Delineating the Sphere of Influence Area:

  • Several methods have been worked out by geographers and sociologists, but no single method seems to be perfect.
  • The pre-First World War geographers depended primarily on empirical methods (through questionnaires and field surveys) taking into account all those relevant functions which are performed by cities and the surroundings of the city.
  • The influence zone of each function is first delineated. It brings out the multiplicity of boundaries of spheres of influence area.
  • Harris has suggested that a common boundary is to be drawn from within those boundaries which are very close to each other.
  • Harris himself drew a sphere of influence area for the Salt Lake City of Utah State in USA. He used 12 important services for this purpose which included retail trade, wholesale grocery and drug sale, radio broadcasting, newspaper circulation, telephone services, banking distribution etc.
  • Harris scheme shows greater dependence upon the services of the cities. He practically ignored the services rendered by rural areas.
  • Geographers like Carter, Dickinson and Green studied the sphere of influence area and their empirical methods gave due weightage to the rural services.
  • The post-Second World War geographers began to use statistical methods. This made the inferences more precise, logical and scientific.
  • This method, however, has the disadvantage of being rigid. Still, it is a popular method throughout the world.
  • The conclusion of the method brings the delineated influence area closer to Christaller’s observations, who suggested that every urbane settlement (service centre) is supposed to have a hexagonal influence region.
  • It solves the problem of existence of shadow zone which normally appears in the case of spherical delineation of the influence region.
  • The statistical method is based on the principle of gravitation.
  • Reilly propounded the Law of Retail Gravitation to delineate the market zone of urban centres. Since marketing is a principal function, this method is used by geographers to delineate the zone of influence area.

This method states that:

  • P= MA x MB / d2
  • where MA = Mass of centre A measured by population size, such that MA > MB
  • MB = Mass of centre B
  • d = distance between two cities.
  • The result will mark the distance of the sphere of influence area from Mass (city) A; the remaining distance will mark the influence area of Mass (city) B.
  • Modern urban geographers give importance to this method as they consider this cut-off as an important factor for development of respective influence areas.
  • Some development authorities have begun to use the sphere of influence area as the basis of regional planning.
  • They use detailed questionnaires to understand the nature of influence. They consider factors such as daily commuting, functional structure of village, household types of villages, milk supply, vegetable supply, newspaper circulation etc. This approach seems to have some practical utility.
  • It gives due weightage to natural hindrances.
  • Factors like rivers, mountains, forests, marshy lands etc. are bound to modify the influence area and in that case, the statistical method is not of much relevance. Information collected through questionnaires is, however, properly processed through different statistical methods and a composite index, indicating a common boundary, is worked out. This common boundary gives the limit of the sphere of influence area.
  • Thus, it becomes clear that the sphere of influence area is highly relevant in socio-economic patterns of a city and its surroundings.
  • In India, the regional planners have given due recognition to the role of city regions or spheres of influence areas in the ‘Growth Pole’ strategy adopted by the Planning Commission of India in the Sixth Five- Year-Plan.

Rural urban fringe

What is the rural-urban fringe?

  • The rural-urban fringe is the boundary zone outside the urban area proper where rural and urban land uses intermix.
  • It is an area of transition from agricultural and other rural land uses to urban use.
  • Located well within the urban sphere of influence the fringe is characterised by a wide variety of land use including dormitory settlements housing middle-income commuters who work in the main urban area.
  • Over time the characteristics of the fringe change from largely rural to largely urban. Suburbanisation takes place at the urban boundary of rural-urban fringe.
  • The nature of the rural-urban fringe is influenced by four main factors: agricultural policy, regional planning, the urban economy and the agricultural economy.
  • Baker et al have identified four types of fringe resulting from these influences:
    1. Disturbed landscapes
    2. Neglected landscapes
    3. Simplified landscapes
    4. Valued landscapes

Increasing demand for land in the rural urban fringe area because:

  • Land is cheaper – as the accessibility of the RUF is lower than that of the inner city areas and most of the people have to travel to the inner city for work, fewer people are willing to live in the RUF. Thus the land prices are lower.
  • There is less traffic congestion and pollution – as the area is a new development in the outskirts, and the population living in the area is lesser than the inner city, the traffic congestion and pollution levels are lesser.
  • There is easier access and a better road infrastructure – as it is a newer development with a lot of space available.
  • There is a more pleasant environment with more open space – the amount of open space decreases with time as the extent of development increases, and so does the pleasant environment.

In INDIA study by Sudesh Nangia in Delhi Metropolitan region for R-U Fringe

  • In India, Sudesh Nangia studied Delhi Metropolitan region (1976), and highlighted some of the chief characteristics of the R-U fringe around the metropolis.
  • She pointed out that the fringe area extended over 212 sq km and encompassed 177 villages within its fold. The zone is not concentric but polygonal in shape (Figure 17.2).
  • Its structural units include slums and squatter-settlements, built-up dwellings without any proper plan, mixed land uses, areas of agricultural production usurped by lot of industrial units, dispersed location of settle­ments suffering from urban facilities, and also it commands sewerage treatment plant and recreation centres as well.

 

  • L. Singh studied R-U fringe of Varanasi and called it an extension of the city itself, actual and potential.
  • According to him, “the R-U fringe is an area where most of the rural land is forced into urban uses prematurely”.
  • Singh studied urban fringe of ‘KAVAL’ towns and concluded that their fringe areas coalesced together inheriting all the evils of large conurbations such as horrible slums, appalling house and traffic congestion and long daily trip to work

Beneficial development in rural urban fringe area:

The rural urban fringe is characterised by a mixture of land uses, most of which require large areas of land

  1. Housing developments as urban sprawl continues
  2. Science and business parks
  3. Hyper-markets and superstores
  4. Retail parks and out of town shopping centres
  5. Office developments
  6. Hotels and conference centres
  7. Airport expansion

Issues in Urban rural fringe

Uses    Positive Aspects Negative Aspects
Agriculture   Many well managed farms and small holdings Farms often suffer litter, trespass and vandalism; some land is derelict in the hope of planning permission
Development   Some well-ited, carefully landscaped developments such as business and science parks Some developments, such as out of town shopping areas cause heavy traffic flow and pollution. Unregulated businesses such as scrap metal and caravan storage. Airport expansion
Urban Services   Some, such as reservoirs or cemeteries, may be attractive. Mineral workings, sewage works, landfill sites etc can be unattractive and polluting
Transport   New cycleways and footpaths can improve assess to countryside Motorways destroy countryside and promote new development, particularly near junctions.
Recreation and sport  

 

 Country parks, sports fields and golf courses can lead to conservation. Some activities such as stock car racing and scrambling erode ecosystems and create localised litter and pollution
Landscape and nature conservation  

 

 

 Many SSSI (sites of special scientific interest) and AONB (Areas of natural beauty) Much degraded land eg. land ruined by fly-tipping; many SSSIs under threat

 

The Indian National Army or Azad Hind Fauj

by

 

? was an armed force formed by Indian nationalists in 1942 in Southeast Asia during World War II. The aim of the army was to liberate India from the British occupation with Japanese assistance. Initially composed of Indian prisoners of war captured by Japan in the Malayan campaign and at Singapore, it later drew volunteers from Indian expatriate population in Malaya and Burma.

? The INA also was at the forefront of women’s equality and the formation of a women’s regiment, the Rani of
Jhansi regiment was formed as an all volunteer women’s unit to fight the British occupiers as well as provide medical services to the INA.

? Initially formed in 1942 immediately after the fall of Singapore under Mohan Singh, the first INA collapsed in December that year before it was revived under the leadership of Subhas Chandra Bose in 1943 and proclaimed the army of Bose’s Arzi Hukumat-e-Azad Hind (The Provisional Government of Free India).

? This second INA fought along with the Imperial Japanese Army against the British andCommonwealth forces in the campaigns in Burma, Imphal and Kohima, and later, against the successful Burma Campaign of the Allies

? . The end of the war saw a large number of the troops repatriated to India where some faced trial for treason and became a galvanising point of the Indian Independence movement

? the Red Fort trials of captured INA officers in India provoked massive public outcries in support of their efforts to fight for Indian independence against the Raj, eventually triggering the Bombay mutiny in the British Indian

 

Buddhist Councils

by
I Buddhist Council 500 BC at Ajatsataru . Record the Buddha’s sayings (sutra) and codify
Rajgaha Presided by monastic rules (vinaya). Rajgaha is today’s
Mahakasyapa Rajgir
II Buddhist Council 383 BC at Kalasoka The conservative schools insisted on monastic
Vaishali rules (vinaya). The secessionist Mahasangikas
argued for more relaxed monastic
rules.Rejection of the Mahasanghikas
III Buddhist Council 250 BC Ashoka.. Purpose was to reconcile the different schools of
Pataliputra Buddhism. Presided by Moggaliputta Tissa
IV Buddhist Council 100 AD Kanishka Division into Hinayana & Mahayana. Theravada
Kashmir Presided by Buddhism does not recognize the authenticity of
Vasumitra & this council, and it is sometimes called the
Asvaghosha “council of heretical monks”.
V Buddhist Council 1871 King Mindon recite all the teachings of the Buddha and
Myanmar examine them in minute detail to see if any of
them had been altered
VI Buddhist Council 1954 P.M. U Nu
Yangoon

 

 

 

Indian Economy in global Scenario

by

 

The global macroeconomic landscape is currently chartering a rough and uncertain terrain characterized by weak growth of world output. The situation has been exacerbated by;
(i) declining prices of a number of commodities, with reduction in crude oil prices being the most visible of them,
(ii) turbulent fnancial markets (more so equity markets), and
(iii) volatile exchange rates.

These conditions refect extreme risk-aversion behaviour of global investors, thus putting many, and in particular, commodities exporting economies under considerable stress.

Even in these trying and uncertain circumstances, India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15. Additionally, its other macroeconomic parameters like infation, fscal defcit and current account balance have exhibited distinct signs of improvement. Wholesale price infation has been in negative territory for more than a year and the all-important consumer prices infation has declined to nearly half of what it was a few years ago.

However, weak growth in advanced and emerging economies has taken its toll on India’s exports. As imports have also declined, principally on account of reduced prices of crude oil for which the country is heavily dependent on imports, trade and current account defcits continue to be moderate. Growth in agriculture has slackened due to two successive years of less-than-normal monsoon rains. Saving and investment rates are showing hardly any signs of revival. The rupee has depreciated vis-à-vis the US dollar, like most other currencies in the world, although less so in magnitude. At the same time, it has appreciated against a number of other major currencies. Given the fact that the government is committed to carrying the reform process forward, aided by the prevailing macroeconomic stability, it appears that conditions do exist for raising the economy’s growth momentum and achieving growth rates of 8 per cent or higher in the next couple of years.

Arunachal Pradesh Trade & Commerce

by

Arunachal Pradesh Trade & Commerce

The entire North-east India had a long tradition of trade relations with eastern Himalayan sub-region comprising Bhutan, Tibet, China and Myanmar (Burma). It is more so in case of Arunachal Pradesh, because most of the tribes of Arunachal Pradesh migrated from these countries. Therefore, they had maintained ethnic, cultural, commercial and even matrimonial relationships with their neighboring territories through ages.

The tribes of Arunachal Pradesh living along the international border had trade connections with China, Tibet, Bhutan and Myanmar through several trade routes). While the tribes living along the southern border of Arunachal Pradesh had trade relations with Assam, the eastern part of Arunachal Pradesh had trading relations

With Burma, and the western and the northern part of Arunachal Pradesh had well developed trade links with the Tibetans.

Arunachal Pradesh Trade & Commerce

Trade Dynamics

History has recorded a number of trade routes between Arunachal Pradesh and its neighbouring countries. As many as 27 trade routes (passes) including the famous

Tawang route which passed via Tawang and Tsona Dzong have been identified between Arunachal Pradesh and Tibet. Local goods of Tibet and Bhutan were brought through these trade routes to be exchanged for local goods of Arunachal and Assam at different trade fairs (Mela) held annually coinciding with certain religious festivals in the foothills.

 

On the eastern border of Arunachal Pradesh four trade routes have been identified including the famous Pangsu Pass between Arunachal Pradesh and Burma. A large number of hill tribes from the present Tirap district of Arunachal Pradesh used to carry on trade in tea, blankets, matches, etc., at various places in Burma including in Bhamo, the most important trading centre on the bank of river Irrawaddy in Burma. The major articles from Burma side were amber (Jangphi), gum, nora cloth, silver, etc.

 

To speed up the process of development in the State, the present ‘inward looking’ paradigms of developmental policy is to be supplemented by an ‘outward looking’ approach based on market and trade. The changing scenario in international trade under WTO regime, India’s emphasis on signing trade agreements with several foreign countries including the South and South-east Asian countries (a few of which share common border with Arunachal Pradesh) and the ‘Look East’ policy of India can be of great help for Arunachal Pradesh in its efforts to introduce this ‘outward looking’ development strategy. ‘The global pattern of agrarian transformation initiated by GATT/WTO suggests that the major portion of third

world peasantries have no future simply as subsistence cultivators’

 

Prospects of Trade with Neighbouring Countries—Exploring New Frontiers

 

Arunachal Pradesh has potentials for producing some of the goods which currently India is exporting to various countries including those bordering Arunachal Pradesh.

China, the ASEAN region, Bangladesh and other SAARC countries which are geographically close to Arunachal Pradesh import substantial portion of each of

the above items in which Arunachal Pradesh has export potential.

 

Biodiversity:

Arunachal Pradesh with 2.54 per cent of country’s geographical area is custodian of more than 23.52 per cent of the flowering plants of India. It is one of the richest botanical treasure houses of the country. A few valuable items of such rich biodiversity of the State, identified on the basis of market demand, could be commercially exploited for economic benefit of the State.

 

Orchids:

Out of 925 varieties of orchids available in India, more than 500 varieties are found in Arunachal Pradesh due to its favourable soil and climatic conditions.

In fact, approximately 200 varieties are unique to the State and 60 per cent of these are ornamental in nature with high demands in international markets. Thus,

Arunachal Pradesh can be a major exporter of orchids.

 

Horticultural Crops:

Arunachal Pradesh is famous for production of apple, orange, pineapple, banana, walnut, kiwi and several spices (cardamom, black-pepper, ginger, etc.) including 4500 species of flowering plants. Nearly 55,000 hectares of land is under horticultural crops including spices. At present, Arunachal Pradesh is selling some of these fruit crops only to Assam and neighboring North-eastern states, but its soil and climate are so rich for flower and fruit crop plantation that it can be a major exporter of flowers, fruits and fruit products even to the neighboring countries.

 

Major Forest Products:

The vast area of forests of Arunachal Pradesh covering 51,540 sq km, which forms

about 62 per cent of the total geographical area of the State, are full of valuable timber trees like hollock, pine, chir, teak, etc., which grow naturally. The commercial use of these trees along with its scientific captive plantation can earn substantial revenue for the State. Value added products from such trees can also be exported to the neighboring countries.

 

Minor Forest Products (MFP)

 

(i) Herbal Plants: Arunachal Pradesh has a rich tradition of herbal health care. The tribes have so far identified over 500 species of plants, having medicinal properties. However, some of these ‘medicinal’ plants are yet to be authenticated by appropriate scientific testing. Due to lack of awareness, the State is yet to harness the full potentials of this wealth

 

(ii) Aromatic Plants: Arunachal Pradesh forests offer a vast array of aromatic plants such as citronella, lemon-grass, vanilla, patcholi, agaroo, etc., which can be used in aromatic industry for the manufacture of perfumes, incenses, etc., for export purposes.

 

Economic Mineral Resources of Arunachal Pradesh Trade & Commerce

Among the valuable minerals spotted in Arunachal Pradesh are petroleum, limestone, marble coal, dolomite, fuller’s earth and natural gas reserves are worth mentioning.

If properly assessed and explored with required infrastructural development, the products of some of these minerals can be used for making several value-added products locally in small and medium scale industries. Some of the value-added products can be exported to the neighboring countries.

 

Tourism Products

The State’s unique natural beauty, different species of wildlife, religious places, historical and heritage sites, diverse attractive tribal cultures, friendly and hospitable people could make Arunachal Pradesh, the Switzerland of the East. The sites which can be developed into world class tourist spots are Tawang for religious, adventure and eco tourists; Parusuramkunda and Malini Than, for religious and eco tourists; Namdapha Tiger Project, Mowling National Park, and ten wildlife sanctuaries of the State for wildlife tourists; ‘Lake of No Return’ on the border of Arunachal Pradesh and Myanmar near Phangso Pass.

 

Hydro-electric Power

Arunachal Pradesh possesses immense potential of powers, primarily in the form of hydel. But the progress of this sector has not taken place on a scale proportionate to resource availability. The total unexploited hydel potential of the State is estimated to be 49000 MW. The National Hydro Power Corporation (NHPC) has undertaken survey and investigation works of Siang and Subansiri basins for establishing mega hydro power project with an installed capacity of 20700 MW. When this project will be completed, Arunachal Pradesh can be a major exporter of cheap hydel power not only to the entire North-east, but also to its neighbouring countries having power deficit like China and Myanmar.

 

Trade Routes

 

(i) Tezpur-Bomdila-Towang-Bum La (China)

(ii) Lakhimpur-Daparijo-Nacho (China)

(iii) Jonai-Sadiya-Mekha-Malvinil-Tajobum (China)

(iv) Sadiya-Tezu-Chirangal-Kahao (China)

(v) Tinsukia-Winstong-Mogung (Myanmar)

(vi) Khonsa-Wakha (Myanmar)

(vii) Ledo-Pangsou Pass-Myitkyina-Bhamo-Kunming

(Myanmar and China)

Out of these seven old border trade routes of Arunachal Pradesh, the most useful and economic route is the Ledo-Pangsou Pass-Myitkyina-Bhamo-Kunming route,

popularly known as StilWell Road.

 

 

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

by

Table of Content:-

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


Role of Commercial Banks

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

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

  1. Mobilising Saving for Capital Formation:

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

  1. Financing Industry:

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

  1. Financing Trade:

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

  1. Financing Agriculture:

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

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

  1. Financing Consumer Activities:

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

  1. Financing Employment Generating Activities:

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

  1. Help in Monetary Policy:

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

 

 


Issue of NPA

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

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

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

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

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

 


Financial Inclusion

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

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

 

 

 

 

Various program’s for financial inclusion are:-

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

 

Social and Religious Reform movements in the 19th and 20th century.

by

Raja Rammohan Roy:

RRM Roy was a social reformer and intellectual in the early nineteenth century Bengal. He is most widely known for founding the Brahmo Samaj and his relentless campaign against the practice of Sati and child marriage.

Debendranath Tagore:

Brahmo Samaj:

BS was founded in 1828 by Raja Ram Mohan Roy with the purpose of purifying Hinduism and to preach monotheism or belief in one God.

  • The socio-religious reforms are also referred to as the Indian renaissance
  • The socio-cultural regeneration in nineteenth century India was occasioned by the colonial presence, but not created by it.
  • Formation of the Brahmo Samaj in 1828.
  • Paramhansa Mandali, Prathna Samaj, Arya Samaj, Kayasth Sabha: UP, Sarin Sabha: Punjab, Satya Sodhak Samaj: Maharashtra, Sri Narayana Dharma Paripalana Sabha: Kerala
  • Ahmadiya and Aligarh Movements: Muslims, Singh Sabha: Sikhs, Rehnumai Mazdeyasan Sabha: Parsees
  • Their attention was focused on worldly existence.
  • The idea of otherworldliness and salvation were not a part of their agenda.
  • At that time the influence of religion and superstition was overwhelming. Position of priests strong; that of women weak.
  • Caste was another debilitating factor
  • Neither a revival of the past nor a total break with tradition was contemplated.
  • Rationalism and religious universalism influenced the reform movement.
  • Development of universalistic perspective on religion
  • Lex Loci Act propsed in 1845 and passed in 1850 provided the right to inherit ancestral property to Hindu converts to Christianity.
  • The culture faced a threat from the colonial rule.

 

addtext_com_MTM0NTU2MTY2Nzc5

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