Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
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The Malayalam State of Cochin, small as it is, has achieved a reputation for being in the ranks of the most advanced and progressive Native States in India. In one respect at least Cochin is distinctly in the leading position and that is in the education of its women, and it competes bravely with the larger and sister state of Travancore in the expansion of general education. Successive Dewans have administered the state funds carefully, paid off a substantial part of the liabilities and built up a reserve. According to the revised estimate, “the net surplus to the credit of the State at the end of 1093 (this year) will be Rs. 24,71,417 after providing for all liabilities against the State.” The coming year 1094 (1818-19) it is anticipated will open with a cash balance of Rs. 15,78,228 and close with a balance of Rs. 15,22,428 with a promise of a surplus of Rs. 25,23,517 to the credit of the State at the end of the budget year. The educational budget shows an increase of Rs. 56,800 over the figures of 1093. The Darbar has not considered it advisable to interrupt the course of normal development of education.
Source : https://www.thehindu.com/todays-paper/tp-opinion/cochin-finances/article24755978.ece
