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By the early 18th century, with the lines between commercial enterprise and political sovereignty increasingly blurred, European chartered companies—notably the English East India Company—solidified their presence through fortified coastal outposts. The Mughal state’s economic policies, deriving most revenues from agriculture and mandating that taxes be paid in the well-regulated silver currency, caused peasants and artisans to enter larger markets. Indian royalty, big and small, and the temples they patronised drew citizens in significant numbers to the capital cities, which became economic hubs as well. Following his conquest of Kalinga, in which his forces caused immense loss of life, Ashoka adopted Buddhism, subsequently adopting a policy of dhamma and commissioning numerous rock and pillar edicts throughout the Maurya Empire to promote ethical conduct, non-violence, and social welfare.
