2 The Brish rule provided so many
positive contributions to the Indian
econory - Explain?
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song
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The Indian economy under the British Raj describes the economy of Indiaduring the years of the British Raj, from 1858 to 1947. According to historical GDP estimates by economist Angus Maddison, India's GDP during the British Raj grew in absolute terms but declined in relative share to the world.[1]
From 1850 to 1947 India's GDP in 1990 international dollars grew from $125.7 billion to $213.7 billion, a 70% increase or an average annual growth rate of 0.55%.
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i) Introduction of railways. The introduction of railways by the British was a breakthrough in the development process of Indian Economy.
ii)Introduction of free trade. British forced India to follow free trade pattern during the colonial rule
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