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The economic history of India begins with the Indus Valley Civilisation (3300–1300 BCE), whose economy appears to have depended significantly on trade and examples of overseas trade. The Vedic period saw countable units of precious metal being used for exchange. The term Nishka appears in this sense in the Rigveda.[1] Historically, India was the largest economy in the world for most of the next three millennia, starting around the 1st millennia BCE and ending around the beginning of British rule in India.
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