CONTENTS:- 1 Colonial Economy 2 Land 3 Agriculture 4 Traditional Industry 5 Industry 6 Foreign Trade 7 Transport and Communication 8 Irrigation 9 Famines 10 Currency 11 Economic Drain 12 Economic Impact of the British Rule 13 Conclusion
The studies on economic history of modern India had a very late beginning. During the early stage of historiography, a few historians recognized the connection between political and economic history remained a chapter on economic conditions only. Causes and effects of economy were never and analyzed. This book attempts to fill that gap.
Examining the characteristic of a colonial economy, the book discusses the process of colonizing Indian economy, with speared focus on monopolistic trade tactics, banning of Indian products in Britain, transformation of trade after industrial revolution and entry of foreign enterprises in India. It also extend an elaborate discussion on land settlement, revenue policies, commercialization of agriculture, decline of handicrafts, state of irrigation, development of transport and communication and currency. Finally, it evaluates economics impact of British rule and addresses the issue of economic drain from India.