Supply of capital for industrialization in colonial india
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During the British rule, there was hardly any capital goods industry to support the slow industrial development taking place in India. Britishers did not pay any attention for the set-up of such industries because they wanted Indians to be dependent on Britain for the supply of capital and heavy goods.
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During the British rule, there was hardly any capital goods industry to support the slow industrial development taking place in India. Britishers did not pay any attention for the set-up of such industries because they wanted Indians to be dependent on Britain for the supply of capital and heavy goods.
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