Critically appraise some of the shortfalls of the industrial policy pursued by the British. colonial administration?
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The state of Indian industrial sector on the eve of independence was as follows:-
De-industrialisation Decline of Indian Handicraft Industry. Britishers followed the policy of systematically de industrialising India. The primary motive behind the de-industrialisation by the British government was two-fold:-
(a) to get raw materials from India at cheap rates in order to reduce India to a mere exporter of raw materials to the British industries.
(b) to sell British manufactured goods in Indian market at higher prices.
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