how did the indian national movement effect indian entrepreneurs?
Answers
Answered by
3
Capitalist were of the following categories one that remained neutral or pro British, one that gave financial support to the congress, one that came out in active support of the movement occasionally and the last group that completely identified with the movement and participated in the struggle and went to jail too.
Growth of the Indian Capitalists
The growth of Indian capital class was different and not seen in other colonial countries. The Indian capitalist grew as independent from foreign capitalist and not as their junior partners or friends. The capitalist weren’t tied up with pro imperial interests but a large section of them argued for comprehensive reforms, cooperatives of production, finance and marketing.
The capitalist grew during the period of 1914-1947 due to import substitution. The Indian enterprises had captured round 70% of the domestic market. This growth which was unusual for any industry in a colony wasn’t achieved by siding with colonialists but by wresting space from them. The capitalists took anti imperialism stands but were careful not to choose a path that would threaten capitalism itself.
FICCI was established by the capitalist class as a body for lobbying with the colonial government. FICCI was treated as a guardian of trade, commerce and industry performing in the economic sphere functions of the national government. In this process the capitalists clearly saw the negative effects of imperialism on the home country. FICCI wasn’t merely a body created as a trade union but was to be strong enough to intervene in the politics.
Participation in the movement
The capitalists had their own ideas about how the anti imperial struggle should be waged. They were in favor of using constitutional reforms than civil disobedience. They feared that if the movement became too revolutionary it could threaten capitalism itself.Hence when the movement was getting out of hand they tried to bring it back to constitutional opposition.
They also weren’t in favor of all out hostility to the government as it hampered day to day interests.
Growth of the Indian Capitalists
The growth of Indian capital class was different and not seen in other colonial countries. The Indian capitalist grew as independent from foreign capitalist and not as their junior partners or friends. The capitalist weren’t tied up with pro imperial interests but a large section of them argued for comprehensive reforms, cooperatives of production, finance and marketing.
The capitalist grew during the period of 1914-1947 due to import substitution. The Indian enterprises had captured round 70% of the domestic market. This growth which was unusual for any industry in a colony wasn’t achieved by siding with colonialists but by wresting space from them. The capitalists took anti imperialism stands but were careful not to choose a path that would threaten capitalism itself.
FICCI was established by the capitalist class as a body for lobbying with the colonial government. FICCI was treated as a guardian of trade, commerce and industry performing in the economic sphere functions of the national government. In this process the capitalists clearly saw the negative effects of imperialism on the home country. FICCI wasn’t merely a body created as a trade union but was to be strong enough to intervene in the politics.
Participation in the movement
The capitalists had their own ideas about how the anti imperial struggle should be waged. They were in favor of using constitutional reforms than civil disobedience. They feared that if the movement became too revolutionary it could threaten capitalism itself.Hence when the movement was getting out of hand they tried to bring it back to constitutional opposition.
They also weren’t in favor of all out hostility to the government as it hampered day to day interests.
Similar questions