Urban Economy after 1858

Urban Indian economy after 1858 During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population.  India also experienced deindustrialization during this period. Compared to the Mughal era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector, and lower … Read more

Decline of handicrafts during British period

Decline of handicrafts during British period India’s traditional village economy was characterised by the “blending of agriculture and handicrafts”.  But this internal balance of the village economy had been systematically slaughtered by the British Government. In the process, traditional handicraft industries slipped away, from its pre-eminence and its decline started at the turn of the … Read more

Development of Railways, Industrialization, Constitutional Development.

Development of Railway, Industralization and constitutional development during British period   Railway The British created the Indian Railways. They envisioned it, planned it, engineered it and instructed poor Indian laborers how to build it. There is a common misconception that the British “gifted” India the Railways. Nothing could be more wrong. The British did not … Read more