Question

discuss the state of Indian economy on the eve of Independence​

Answer 1

Our economy had been a victim of enormous exploitation. Our natural resources, iron ores, gold mines, wealth and manpower was subject to intense exploitation. Due to these atrocities, the Indian economy on theeve of independence showed poor/low economic growth.

Answer 2

it was a reference to the wealth and economic prosperity of a pre-colonization india. however the British extracted all thewealth they could and left our economy in complete tatters.