The Britishers damaged the Indian economy. Explain the statement.
Answers
The economic policies of the British Raj caused a severe decline in the handicrafts and handloom sectors, with reduced demand and dipping employment; the yarn output of the handloom industry, for example, declined from 419 million pounds in 1850 down to 240 million pounds in 1900.
The British took thriving industries -- like textiles, shipbuilding, and steel -- and destroyed them through violence, taxes, import tariffs, and imposing their exports and products on the back of the Indian consumerDrawing on nearly two centuries of detailed data on tax and trade, Patnaik calculated that Britain drained a total of nearly $45 trillion from India during the period 1765 to 1938. It's a staggering sum.
according all statements its proves that the britishers damaged the indian economy