Question

State of Indian economy during British period?

Answer 1

Answer:

In 1820 India's GDP was 16% of the world total, by 1870 it had fallen to 12% and by 1947 had fallen further to 4%. ... India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population.

Answer 2

In 1820 India's GDP was 16% of the world total, by 1870 it had fallen to 12% and by 1947 had fallen further to 4%. ... India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population.