what were the impacts of British participation in first world war on economy of india
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The drain on the Indian economy in the form of cash, kind and loans to the British government came to about 367 million pounds. Domestic manufacturing sectors such as cotton benefited from the decline in British goods that had dominated the pre-war market. The steel sector benefited as well.
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The drain on the Indian economy in the form of cash, kind and loans to the British government came to about 367 million pounds. Domestic manufacturing sectors such as cotton benefited from the decline in British goods that had dominated the pre-war market. The steel sector benefited as well
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