Question

briefly nerrate the economic condition of India during the British period​

Answer 1

Answer:

The Indian economy under the British Raj describes the economy of India during the years of the British Raj, from 1858 to 1947. ... 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%.

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. Thereafter, the British Government introduced the land settlement in 1793.