What were the reasons for the decline of Buddism and Jainism?
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The decline of Buddhism in the Indian subcontinent has been attributed to various factors, especially the regionalisation of India after the end of the Gupta Empire (320–650 CE), which led to the loss of patronage and donations, and a competition with Hinduism and Jainism; and the conquest and subsequent persecutions ...
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Jainism was never more than a minority sect. Buddhism declined because it became more and more atheistic. Since there is no Devata to pray to, people migrated to Devata rich Hinduism.
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