Write a short note on economy of India under British Raj.
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Indian Economy During British Rule!
India was rich in economy, culture and polity. But it was due to advent of foreigners that it gradually got pushed into backwardness. This is what is believed by most of the Indian national scholars. However, most British scholars attribute economic stagnation during the British period to: over population, religion, caste, social attitude, value system and other social institutions. Their approach is called as colonial approach (Knowles, 1928; Anstey, 1952)
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