Discuss the relationship between Indian National Congress and the Indian capitalist class.in about 250 words
Answers
The relationship was interdependent. Congress knew that capitalists can considerably fund the movement, and have deep influence over the bourgeoisie.
Capitalists were aware that without the support of Congress, British government would not listen to them. They used their alliance with Congress to push demands that suited their class, and pressured government into making certain concessions (low Rupee-Sterling ratio, tariff protection, reduction in military expenditure, etc).
The fine balance capitalists stood on:
The dangers of economic exploitation by the Britishers drove them nearer to Congress. Also, they knew that Congress can help in getting them crucial concessions.
But at the same time, the revolutionary and pro-socialist elements in the Congress can radicalize the movement and it can take a turn towards socialism. This would threaten the very existence of capitalism. They knew that British government is much more well-equipped in keeping these revolutionary elements in check, and hence making too much distance from the Britishers would be harmful.
They would often mediate between the government and the Congress (as in the case of withdrawal of Civil Disobedience Movement).