the gain Indian people had from introduction of Railways during the British rule were out weighted by the huge economic loss do you agree with the statement write your views
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Answer:
Yes, I agree. British introduced railways with ulterior motive of economic exploitation. It became another front for the humiliation of Indians by the British who used it to further their racial superiority. It helped for the easy mobilization of force by British which was used to suppress any popular uprising. Railways ruined the India’s traditional handicrafts industry which became uncompetitive compared to British goods whose outreach of market increased by the railways. Railways, though helped in increasing the food security ruined Indian peasants who suffered due to surplus of food grains because of easy movement provided by the railways. The very nature of railways was to increase economic exploitation and policies of British helped it. E.g. - Capital investment in railways was restricted to British alone which increased the drain of wealth in the form of interest payment. Indian goods faced high fright charges compared to British goods which made Indian products more uncompetitive. In the long run, railways under British rule did not alter the basic structure of Indian economy. It only facilitated swift movement of British resources which was useful in maintaining their imperial hegemony.
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