Look Inside

Economic Impact of Colonial Rule in India

FREE Delivery
$39
$65
(20% + 25% off)
Quantity
Delivery Usually ships in 3 days
Item Code: BAF270
Publisher: Peridot Literary Books
Author: Azad Paruchuri
Language: English
Edition: 2023
ISBN: 9789390393954
Pages: 291
Cover: HARDCOVER
Other Details 6.50 X 9.50 inch
Weight 570 gm
Book Description
About The Book

The basic reason for the British to come to India was for trading purposes. In that period, Britain faced the Industrial Revolution. For that reason, they needed so many raw materials for their factories, which mainly came from India as well as they also needed a proper market for selling their finished goods. India can give them these two, a huge source of raw materials and a perfect market for selling those finished products. Therefore, the foremost economic impact of British rule in India was that the country became the centre of British trade. This further impacted the overall economic structure of the country. The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India's foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry. The factors which were responsible for the gradual decay of Indian handicrafts were-disappearance of princely courts and their patronage, aggressive trade policy of the East India Company and the British Government, increasing competition of British machine-made goods and increasing demand for Western commodities as a result of foreign influence. The destruction of Indian handicrafts created a vacuum in Indian markets which was subsequently fed by British manufactured goods. The author examines the major British economic forces which have shaped the history of the subcontinent.

About the Author

Azad Paruchuri is a former Visiting Professor of the Department of Economics, Mandya University. He holds a DPhil in Economic History from Oxford University. With extensive research experience spanning several decades, Azad Paruchuri has made significant contributions to the field of economic history. His work encompasses both primary research and comprehensive analyses of existing historical records, aiming to uncover the nuanced economic transformations that occurred during the colonial period. Several of his articles have been published in refereed journals and edited books in addition to over 100 partly and unpublished papers read in conferences, seminars, and workshops. His publications include Colonial Legacy in India, State Politics in India, Indian Political System, Indian Political Thought.

Preface

The basic reason for the British to come to India was for trading purposes. In that period, Britain faced the Industrial Revolution. For that reason, they needed so many raw materials for their factories, which mainly came from India as well as they also needed a proper market for selling their finished goods. India can give them these two, a huge source of raw materials and a perfect market for selling those finished products. Therefore, the foremost economic impact of British rule in India was that the country became the centre of British trade. This further impacted the overall economic structure of the country. The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India's foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry. The factors which were responsible for the gradual decay of Indian handicrafts were disappearance of princely courts and their patronage, aggressive trade policy of the East India Company and the British Government, increasing competition of British machine-made goods and increasing demand for Western commodities as a result of foreign influence. The destruction of Indian handicrafts created a vacuum in Indian markets which was subsequently fed by British manufactured goods. The destruction of Indian handicrafts led to serious unemployment problem and the weavers were most seriously affected. Moreover, this unemployed craftsmen and artisans could not find any alternative occupation open to them and thus they had to return to agricultural sector leading to 'progressive ruralisation of India' Thus, this dependence of population on agriculture gradually increased from 55 per cent in 1901 to 72 per cent in 1931 and this led to progressive sub-division and fragmentation of agricultural holdings. New land system of the British ruler also created a serious impact on the Indian economy. During the East India Company rule, the company administrators imposed land revenue at exorbitant rates and thereby realised larger returns from land.

**Contents and Sample Pages**














Frequently Asked Questions
  • Q. What locations do you deliver to ?
    A. Exotic India delivers orders to all countries having diplomatic relations with India.
  • Q. Do you offer free shipping ?
    A. Exotic India offers free shipping on all orders of value of $30 USD or more.
  • Q. Can I return the book?
    A. All returns must be postmarked within seven (7) days of the delivery date. All returned items must be in new and unused condition, with all original tags and labels attached. To know more please view our return policy
  • Q. Do you offer express shipping ?
    A. Yes, we do have a chargeable express shipping facility available. You can select express shipping while checking out on the website.
  • Q. I accidentally entered wrong delivery address, can I change the address ?
    A. Delivery addresses can only be changed only incase the order has not been shipped yet. Incase of an address change, you can reach us at [email protected]
  • Q. How do I track my order ?
    A. You can track your orders simply entering your order number through here or through your past orders if you are signed in on the website.
  • Q. How can I cancel an order ?
    A. An order can only be cancelled if it has not been shipped. To cancel an order, kindly reach out to us through [email protected].
Add a review
Have A Question

For privacy concerns, please view our Privacy Policy

Book Categories