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Day 9- Ques Ans

Indian folk paintings have gathered world wide popularity. Can you give examples of famous folk paintings along with their distinctive features?

Folk paining of India has specialty to deeply correlate with Indian life style. It is a symbol of rich Indian heritage and also unique feature of Indian tradition to learn from others culture; Miniature painting is example of it. Few famous folk paintings from India are following

  • Varli Painting– originated from Bheel community in Maharashtra, It has nothing to do with any religion but it symbolizes the connectivity of tribal life style with Mother Nature. It is mainly designed in Tribal house, walls, canvas, and during festivals.
  • Patachitra– Pata means cloth and chitra means painting; it is special art form of Orissa. Made by natural colours, it usually designed on cloths and canvas. Story for this painting largely drawn from Indian epic Ramayana, Mahabharata and stories of Jagannath, local deity. This painting get wide coverage across globe as it has developed different styles throughout the Jagannath, Kujraho, Konark, and other Orissa temples.
  • Madhubani Painting- Mithila painting also it is called as originated from Madhuban and Mithila region of Bihar. It has specialty of geographical designs, stories from Indian Epics and local deities, use of human design, and use of full of colours. Lord Krishna and related themes are most prominent into it.
  • Miniature painting- Developed during Mughal kings, it is largely related to social life, war themes, and courtyard depictions. It is later influenced the contemporary kumaon, Rajpoot, and sikh painting also.
  • Kalamkari- Kalam means pan and kari means work. This style of painting was developed in Kalahasti near Chennai and Masulipatnam near Hyderabad. It also has colourfull depiction and mythological themes.

Other than these there are many who have deep cultural relevance and special place in fold art like Gond art and Tanjore art. We need to preserve these arts and help artists to get financial and other support to keep alive the tradition.

The roles and functions of the RBI have come into limelight recently. Why? Examine the issue.

RBI is recently in new for many important policy reforms which are discussed below

  • Formation of monetary policy committee (MPC )- Union budget 2016 proposed changes in the RBI act 1934 and allow legislative backing for MPC. It is a long due reform and mainly targeted for controlling the inflation under set target range of 2 to 6%. It will decide the policy rate for country and will be headed by RBI Governor.
  • Asset quality review initiative- to explore the hidden NPAs in PSB balance sheet, RBI has initiated AQR. It has bring a lot more stress in balance sheet of almost all the PSBs but in long run it is expected to bring more transparency, efficiency in banking and it has open door for many reforms like bank merger and bankruptcy bill.
  • Financial Inclusion- RBI in recent time play as role of catalysis for financial inclusion with government. Allowing new small bank, payment banks, and opening of new banks, and regulation of NBFCs are much needed innovation towards it. Establishment of National payment gateway (NPCL) and now proposed UPI Technology will bring more cashless economy culture in India.
  • Containing inflation, bringing stability in Rupee value in volatile global market, and ever increasing foreign reserve in recent time is another achievement RBI.

Although these initiatives has bring limelight for RBI in recent period but many challenges ahead are waiting also. Conflict in ideas on debt management agency, setting the inflation rate and policy rate are debatable between government and RBI, Healthy debate and argument are very much needed but it must be ensure to have independence, accountability, and strengthening of RBI as central bank.

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