Question

What were the ecnomic implications of British rule in india

Answer 1

The Indian economy under the British Rajdescribes the economy of India during the years of the British Raj, from 1858 to 1947. During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population.[1]India experienced deindustrialization during this period.[2] Compared to the Mughal Era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector,[3] and lower levels of urbanisation.[4]