Discuss the conditions of Indian economy during british period
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The Indian economy under the British Rule describes the economy of India during the years of the British Rule, from 1858 to 1947. ... 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 levels of urbanisation.
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India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population. ... From 1850 to 1947 India's GDP per capita had grown only slightly by 16%, from $533 to $618 in 1990 international dollars.
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